
Local and state government construction spending to boost US Q1 GDP growth
Mar 02, 2016 06:21 am UTC| Commentary Economy
US total construction spending expanded in January by 1.5% m/m, much above consensus expectations of a moderate increase of 0.3% m/m. According to the details of the report, local and state government spending are expected...
Turkey's economic sentiment dives on political uncertainty
Mar 01, 2016 17:17 pm UTC| Commentary Economy
Turkstat reported confidence indices for February, data showed headline economic sentiment declined sharply from 83.9 to 71.5, mainly on the weakness of consumer sentiment, but weakness was also evident in the services...
Absence of headwinds from net-exports and inventories likely pushed up Poland's Q4 2015 GDP
Mar 01, 2016 16:40 pm UTC| Commentary Economy
Poland Q4 2015 GDP data released on Monday showed headline GDP growth was 1.1% qoq. Data portrayed a stable economy at the close of 2015. Domestic demand contributed all of the growth during Q4. Details showed that...
Mar 01, 2016 16:00 pm UTC| Insights & Views Economy
Since the election, this government has had spending as a percentage of GDP at GFC levels. - Shadow treasurer, Chris Bowen, media release, February 17, 2016. During an election year, the focus is once again on the...
No noticeable impact seen from the refugee crisis on German labour market
Mar 01, 2016 15:05 pm UTC| Commentary Economy
Data released on Tuesday showed that German unemployment dropped by a non-seasonally adjusted 9,300 in February, bringing the total number of unemployed down to 2.911 million, the best February reading since German...
Surprise decline in UK manufacturing sentiment confirms gradual moderation to continue through 2016
Mar 01, 2016 14:35 pm UTC| Commentary Economy
Data released on Tuesday showed that UK February headline manufacturing PMI surprised to the downside printing at 50.8, declining by 2.1pts, more than consensus expectations. PMI is now 0.9pts below its 7-year average and...

Poor China's PMIs suggests monetary easing from PBoC likely to continue
Mar 01, 2016 10:40 am UTC| Commentary Economy Central Banks
Chinas central bank announced on Monday it would cut banks reserve requirement ratio, allowing banks to set aside fewer deposits which in turn encourages them to lend more. The unexpected move came one day ahead of the...