Czech economy likely to grow 2.9 pct in 2017, foreign and domestic demand to drive growth

Jun 13, 2017 22:47 pm UTC| Commentary

The Czech economic growth is expected to accelerate again in 2017 after it slowed down in the prior year. According to an Erste Group research report, the economy is likely to accelerate to 2.9 percent this year from 2016s...

Swedish inflation remains above Riksbank’s view in May, additional stimuli measures less likely

Jun 13, 2017 22:30 pm UTC| Commentary Economy

Swedish CPIF inflation slowed less than forecast in May and continued to be close to the target rate of 2 percent. The CPIF gauge of inflation came in at 1.9 percent year-on-year in May, as compared with the Riksbanks...

German economic sentiment drops slightly in June

Jun 13, 2017 22:09 pm UTC| Commentary

The ZEW Indicator of German Economic Sentiment fell in June by 2 points to 18.6. Therefore, the indicator continues to be below the long-term average of 23.9 points. On the contrary, the assessment of the current economic...

Norges Bank unlikely to increase bottom in rate path with current low inflation – Nordea Bank

Jun 13, 2017 22:07 pm UTC| Commentary Economy

The Norwegian central bank, Norges Bank has published its second quarter regional network report. The network was on the solid side to the central bank. The main indicator, the current situation, was 1.1, indicating a...

U.S. producer price index slows sequentially in May, rises slightly year-on-year

Jun 13, 2017 18:17 pm UTC| Commentary

The U.S. producer price index for final demand remained the same in May, coming in line with market expectations and coming off a sizeable, widespread gain in April. Meanwhile, core PPI also came in weak on the month, but...

U.S. NFIB small business optimism index remains flat in May

Jun 13, 2017 16:22 pm UTC| Commentary

The U.S. NFIBs small business optimism index continued to remain at its post-election gains. The index stayed at 104.5 in May. The flat print was consistent with market projections, with small business greatly holding on...

U.S. Treasuries tad lower ahead of FOMC policy meet, anticipations of higher CPI

Jun 13, 2017 11:36 am UTC| Commentary Economy

The U.S. Treasuries remained flat Tuesday ahead of the Federal Open Market Committees (FOMC) monetary policy meeting, scheduled to be held on June 14. Also, expectations for a rise in the countrys CPI for the month of May,...