Canadian economy to slow in near term; declining business sentiment to hamper growth

Jul 01, 2016 05:36 am UTC| Commentary Economy

Canadas real GDP in April grew 0.1 percent month-on-month, in line with market projections. Falls from the earlier two months were unchanged. The data released on Friday affirms that after a solid handoff from last year...

Russian economy unlikely to face post-Brexit blues; nation to focus on internal affairs

Jun 30, 2016 12:58 pm UTC| Commentary Economy

The Russian economy is unlikely to have any tangible impact from Brexit. With the huge extent of uncertainty around the political processes in the European Union and the UK in the near future, any extreme change in the...

Brazil’s industrial production likely grew on month-on-month basis in May

Jun 30, 2016 11:56 am UTC| Commentary Economy

Brazils industrial production is likely to have grown on a month-on-month basis, but is expected to have continued to contract on a year-on-year basis in May. Industrial output had shrunk 11.9 percent year-on-year in the...

Euro area inflation returns to positive territory in June

Jun 30, 2016 11:01 am UTC| Commentary Economy

Euro area inflation came in positive in June, according to the flash estimate from Eurostat. Inflation in the currency bloc accelerated to 0.1 percent year-on-year. Meanwhile, the core rate accelerated to 0.9 percent...

UK Q1 GDP growth unrevised at 0.4 pct

Jun 30, 2016 10:26 am UTC| Commentary Economy

The Office for National Statistics released the third estimate of the UKs first quarter GDP that shows the economy expanded 0.4 percent q/q, unrevised from its previous estimate. This is consistent with consensus...

French economy likely to slow in 2017-2018; uncertainty to affect hiring decisions

Jun 30, 2016 09:35 am UTC| Commentary Economy

Since 2013, the French economy has underperformed the euro area. This year represents an end to the underperformance. It will be the first time that the jobless rate has declined since 2010. But the French economy would...

Turkish lira likely to see positive developments as Russia considers lifting sanctions against Turkey

Jun 30, 2016 09:32 am UTC| Commentary Economy

The Turkish lira is likely to witness positive developments as Russian President Vladimir Putin is planning to lift sanctions against Turkey in a few days. He assured that the Russian government will liftthe ban on tourism...