Encouraging fall in Eurozone unemployment
Sep 01, 2015 12:29 pm UTC| Commentary Economy
The latest euro-zone unemployment data offered hopes that the slow recovery in the regions labor market has not reversed. But the bigger picture is that unemployment remains too high to boost wage growth and...
Volatile PMI unreliable indicator of Hungary GDP growth
Sep 01, 2015 12:05 pm UTC| Commentary Economy
Hungary PMI recovered slightly to 50.7 in August and was the only country in the group that registered an increase in August. This is this is the second monthly low PMI following Q2 levels of nearly 54. The composition of...
Australia's economic slowdown as net exports take a breather
Sep 01, 2015 05:32 am UTC| Commentary Economy
Most components of demand are expected to have grown more strongly or at a similar pace to the first quarter, but overall GDP growth in Australia is expected to have slowed substantially in Q2. The reason is that net...
Consumption and net exports to lead Euro area GDP in Q2
Sep 01, 2015 04:42 am UTC| Commentary Economy
Seasonally adjusted GDP rose by 0.3% qoq in the euro area during the second quarter of 2015, after an increase by 0.4% qoq in Q1. For the second reading, no change has been expected and a confirmation of the 0.3% qoq...
US labour market tighter but market still waiting for inflation
Aug 31, 2015 16:30 pm UTC| Commentary Economy
US data continue to show progress and the downward pressure on the unemployment rate is set to continue. Weak labour productivity and a low participation rate should ensure lower unemployment, even with a temporary...
Imports to reduce U.S trade deficit
Aug 31, 2015 12:24 pm UTC| Insights & Views Economy
The US trade deficit is projected to turn down remarkably in July, narrowing to $41.81B from $43.84B the month before, with import activity falling on account of falling energy prices while export activity should rise...
Domestic data no burden for Japanese Yen
Aug 31, 2015 07:17 am UTC| Commentary Economy
In July Japanese industrial production was surprisingly weak as the Ministry for Trade and Industry announced this morning. July industrial production is declined by 0.6% mom, after a firm growth in June of +1.1%...