Norwegian export sector likely to be hit by weaker global growth

Jul 01, 2016 12:29 pm UTC| Commentary Economy

The Norwegian export sector is expected to be hit by a recession in the UK and the euro area, including the overall impacts on global trade, noted Danske Bank in a research report. Based on Danskes expected GDP growth...

Australia election preview: polls suggest result too close to call

Jul 01, 2016 12:18 pm UTC| Commentary Economy Insights & Views

The Australian federal election is scheduled to be held on July 2. The opinion polls conducted by various corporate suggest a close call, although market participants expect a win for the Liberal-National coalition....

India's services exports and investment likely to suffer as fallout of Brexit

Jul 01, 2016 12:15 pm UTC| Commentary Economy

India is expected to be affected limitedly from pro-Brexit vote via the trade channel on a net trade basis. But given the uncertainty around Brexit, lower investment flows from the UK and slightly lower services exports to...

Italy’s economic growth likely to be volatile in coming quarters

Jul 01, 2016 12:07 pm UTC| Commentary Economy

Italian economy is not expected to gain much traction. Moreover, it is expected to be volatile in the quarters to come as the economy will have to take in several uncertainty shocks. The economic outlook is fogged by...

FxWirePro: Macros environment unlikely to cushion Aussie’s dropping trade terms, AUD unlikely to prosper in H2

Jul 01, 2016 11:08 am UTC| Insights & Views Economy

In H2, we expect AU growth to remain subpar and AUD to drift lower. There are a few key things to watch in 2016. Governor Stevens retires in Sept 2016 while a federal election must be held tomorrow; opinion polls are...

Czech manufacturing conditions continue to lose momentum; PMI at three-year low in June

Jul 01, 2016 11:07 am UTC| Commentary Economy

Manufacturing business conditions in the Czech Republic continued to lose momentum in June, showed the latest PMI survey data. The headline Markit Czech Republic Manufacturing PMI dropped to 51.8 in June from Mays 53.3....

Swedish growth likely to remain low until 2017 as fallout of Brexit

Jul 01, 2016 11:01 am UTC| Commentary Economy

The overall impactof Brexit on Swedens GDP is strong but can be managed. The scenarios are developed using the work-horse global econometric model NIGEM, said Danske Bank. The impact on Swedish economic growth is expected...