China’s trade print comes in above expectations in May, investment growth likely to slow down in future

Jun 08, 2017 23:03 pm UTC| Commentary Economy

On Thursday, Chinas headline trade figures were released that showed the trade print coming in higher than consensus expectations for the month of May. In USD terms, the nations exports rose 8.7 percent year-on-year,...

German sequential economic growth likely to slowdown in Q2

Jun 08, 2017 23:01 pm UTC| Commentary Economy

Germanys industrial production data, released on Thursday, showed that the output grew 0.8 percent sequentially in April, coming in line with analysts expectations. The previous months data was revised upwardly. The...

U.S. economy likely to expand 2.1 pct sequentially in Q2 2017 - Barclays

Jun 08, 2017 23:00 pm UTC| Commentary Economy

The U.S. Census Bureau released its Quarter Services Survey for the first quarter earlier today, giving detailed estimation of revenue and expense for U.S. service-providing companies. The BEA has used these data since...

Norwegian inflation likely to have come in below Norges Bank’s projection in May

Jun 08, 2017 22:59 pm UTC| Commentary

Norwegian inflation is expected to come in on the downside to the central banks projection for the month of May. According to a Nordea Bank research report, inflation is most likely to stay on in the downside to...

UK election: What is meant by hung parliament in UK?

Jun 08, 2017 22:39 pm UTC| Commentary

The exit polls are showing that Theresa Mays Conservative Party is set to fall short of an outright majority, which would result in a hung parliament. Here are some facts about hung parliament in UK and what happens in...

UK Election: Exit poll shows Theresa May’s conservative Party falling short of majority

Jun 08, 2017 22:18 pm UTC| Commentary

Polling booths in the United Kingdom, in the countrys most decisive election, have now closed. Exit polls are out. Counting has begun. Exit polls show bad news for Theresa Mays Conservative Party. Exit polls show...

ECB keeps policy rates and QE program unchanged, future steps likely to be very gradual

Jun 08, 2017 22:09 pm UTC| Commentary Central Banks

As anticipated, the European Central Bank Governing Council changed its communication during its meeting earlier today. It removed the possibility for lower rates and saw risks to economic outlook as balanced and not...