Spanish economy expands faster, shows potential of reformed-Europe
Aug 27, 2015 10:13 am UTC| Insights & Views Economy
Latest data shows that Spanish GDP grew further in second quarter of 2015, shrugging off any fear of slowdown amid Greek crisis and looming rate hike from US Federal Reserve. Spanish economy grew 3.1% in second...
Domestic demand leads Spain economy growth
Aug 27, 2015 06:54 am UTC| Commentary Economy
Spain household consumption (contributing for two-third of the Q2 growth number) continued to benefit from low interest rates (as the bulk of mortgage debt is in variable rates), low inflation, the ongoing tax reform and...
Japan's July unemployment rate likely to be unchanged at 3.4%
Aug 27, 2015 05:44 am UTC| Commentary Economy
The number of job seekers that dropped out of the Japans labour force increased in March and April, and these job seekers returned to the labour force in May and June. Most of them were absorbed by the increase in...
US data surprises remains upbeat
Aug 27, 2015 04:52 am UTC| Commentary Economy
Choppy trading persists in the forex market with USD mixed across the G10 and EM universe. Rate cuts by Chinese policy makers helped lift some of the high-beta currencies, coinciding with the recovery in commodity prices....
Inflation expectations in U.S. drop to 5-year low
Aug 26, 2015 10:24 am UTC| Insights & Views Economy
Recent financial market turmoil and lower price of commodities including energy has made it tough for US central bankers to go ahead with a rate hike in immediate policy meeting scheduled for September 16th/17th. While...
More stagnant inflation for Japan in July
Aug 26, 2015 04:35 am UTC| Commentary Economy
There will be a base effect due to last years rise in oil prices that continued through to mid-2014. Although the BoJ is aiming at achieving a 2% price stability target, Japan CPI (excluding fresh food) likely fell below...
Brazil's GDP to contract heavily in Q2 and 2015
Aug 25, 2015 22:36 pm UTC| Commentary Economy
Brazils economic activity index suggests that the supply-side economy contracted -7.3% qoq (annualised ) or -3.1% yoy in Q2. This prompts to project Q2 GDP growth of -1.7% qoq (-7.0% annualised or -2.7% yoy for the...