Norwegian house price growth likely to slow down

Jun 21, 2016 06:29 am UTC| Commentary Economy

In Norway, housing prices have increased 7.3 percent in the past year throughout the country. However, the Norwegian economic growth outlook has significantly weakened, while joblessness has increased and wage growth...

Australia consumer confidence surges on optimism in economic outlook

Jun 21, 2016 05:12 am UTC| Commentary Economy

Consumer confidence in Australia rose in the week ending June 19, reaching the highest level since November 2013 on growing optimism over the economic outlook of the country. Also, a reviving Australian labor market and...

China’s construction investment growth likely to continue in coming quarters

Jun 20, 2016 13:05 pm UTC| Commentary Economy

The turn in Chinas construction investment growth is likely to continue expanding in the quarters to come. This would be driven by a scarcity of residential housing in the tier one and two cities, said Danske Bank in a...

BoJ’s Kuroda admits failure in meeting inflation target in 2 years

Jun 20, 2016 13:03 pm UTC| Central Banks Economy Commentary

The Bank of Japan Governor Kuroda has, for the first time, admitted that the central bank has failed in its attempts to reach the inflation target of twopercent in a two-year framework, underscoring the challenges of...

Hungary’s economic activity to rebound in Q2

Jun 20, 2016 12:54 pm UTC| Commentary Economy

Given Aprils robust retail sales and industrial output, Hungarys economic activity is likely to rebound in the second quarter of this year. Also, the activity is expected to gather more momentum in the second half of this...

Remain or Leave? Arguments for and against UK’s EU membership

Jun 20, 2016 12:48 pm UTC| Commentary Economy

An arrayof projections that are beingmade in run up to theJune 23 UK referendum would soon turn into a reality. These future anticipatons are likely topose some formidablechallenges before the UK as well as for theEuropean...

China’s property prices show early signs of softening momentum

Jun 20, 2016 12:10 pm UTC| Insights & Views Economy Commentary

According to data released over the weekend by National Bureau of Statistics, Chinas property prices are showing some early signals of softness. Average new home prices in 70 major cities climbed 6.9 percent last month...