U.S. housing starts likely to have risen in April, expected to grow 7.3 pct in 2017 – Wells Fargo

May 12, 2017 21:40 pm UTC| Commentary

Home building in the U.S. got off to a strong start in 2017, owing to the unseasonably mild winter weather in the initial two months of the year. The relatively favourable building conditions permitted additional...

Polish economy likely grew 3.8 pct in Q1, expected to expand 3.5 pct in 2017 - Barclays

May 12, 2017 19:25 pm UTC| Commentary

The Polish economy is expected to have accelerated in the first quarter of 2017. According to a Barclays research report, the real GDP of Poland is likely to have grown 3.8 percent year-on-year, as EU-funded investment...

Brazilian economic rebound remains shaky, central bank likely to further cut rate in May

May 12, 2017 19:11 pm UTC| Commentary Economy

Brazils retail sales data released yesterday showed again how unstable the nations economic recovery is after two years of recession. Sales dropped 1.9 percent sequentially in March. After the inflation print released on...

U.K. inflation likely to have accelerated in April, core rate to have risen 2.2 pct – Wells Fargo

May 12, 2017 19:02 pm UTC| Commentary

The U.K. is set to release its April inflation data next month. According to consensus expectations, inflation is likely to have risen 0.4 percent sequentially and 2.6 percent year-on-year. The headline inflation rate in...

Malaysian central bank keeps interest rate on hold, economy likely expanded 4.5 pct in Q1 - ANZ

May 12, 2017 18:01 pm UTC| Commentary Central Banks

The Malaysian central bank kept its overnight policy rate on hold at 3 percent on Friday, with economic conditions evolving consistent with their expectations. BNM, in its monetary policy statement, mentioned improving...

China’s robust credit growth likely gained from front-load funding, says ANZ

May 12, 2017 17:01 pm UTC| Commentary Economy

Chinas credit growth expanded strongly in April. The sharp rise in Aprils new yuan loans was mainly due to strong growth of medium-and long-term corporate loans and household loans, noted ANZ in a research report....

U.S. University of Michigan consumer confidence rises in May, supportive of economic growth in near-term

May 12, 2017 16:42 pm UTC| Commentary

The U.S. University of Michigan consumer confidence bolsters in May. The consumer sentiment index rebounded to 97.7 in the preliminary estimate of May, on the contrary to the Barclays projection of a modes drop to 94.9....