UK’s construction sector sees renewed drop in output levels in June, PMI drops to below 50
Jul 04, 2016 09:38 am UTC| Commentary Economy
Junes data shows a renewed drop in output levels throughout the UKs construction sector, led by a sharp drop in residential building and decline in commercial work for the first time since May 2013. The seasonally adjusted...
Chile’s economic growth likely to have rebounded in May
Jul 04, 2016 09:05 am UTC| Commentary Economy
Chiles economic growth is likely to have rebounded in May based on the trade figures. According to a Societe Generales research report, the countrys economic growth is expected to have accelerated 2.1 percent year-on-year...
Australia’s retail sales likely grew marginally in May on rebound in food sales
Jul 04, 2016 07:36 am UTC| Commentary Economy
Australias retail sales are likely to have expanded slightly in May on recovery in food sales. In the initial four months of 2016, Australias nominal sales have grown weakly; however, that shows the price trend rather than...
Australia’s retail sales likely grew marginally in May on rebound in food sales
Jul 04, 2016 07:36 am UTC| Commentary Economy
Australias retail sales are likely to have expanded slightly in May on recovery in food sales. In the initial four months of 2016, Australias nominal sales have grown weakly; however, that shows the price trend rather than...
Australia’s export volume likely to have dropped in May
Jul 04, 2016 07:26 am UTC| Commentary Economy
Australias export volume has continued its upward trend; however, the upcoming May data is expected to show a short-term setback, noted Societe Generale in a research report. The trade deficit is likely to show a reversal...
Fundamentals to watch out for this week
Jul 04, 2016 06:38 am UTC| Commentary Economy
In terms ofdata, this week is quite risk heavy but post-Brexit politics make it a magnified one. What to watch for over the coming days: Brexit commentaries - Both scheduled and unscheduled commentaries...
Construction spending in US drops for second straight month in May
Jul 04, 2016 06:35 am UTC| Commentary Economy
Total nominal value of construction spending in the US dropped a seasonally adjusted 0.8 percent in to USD 1,143.3 billion in May from Aprils downwardly-revised figure of USD 1,152.4 billion. The negative readings recorded...