French Election: Emmanuel Macron beats Le Pen to Presidency
May 07, 2017 21:37 pm UTC| Commentary
The independent French candidate Emmanuel Macron who led the En Marche movement is set to become the next President of France according to the latest counting. With 85 percent of all votes counted, Emmanuel Macron is...
May 05, 2017 23:02 pm UTC| Commentary
Philippines core inflation accelerated to the highest in 30 years in April, while the headline rate remained stable. The headline consumer price inflation rate came in at 3.4 percent year-on-year. Despite the steady print,...
German construction sector continues to grow strongly in April 2017
May 05, 2017 22:48 pm UTC| Commentary
Germanys construction sector continued to grow solidly in April 2017. The headline construction PMI on a seasonally adjusted basis dropped to 54.6 from Marchs 56.4, remaining well above 50. This was above the average for...
Global trade likely to grow modestly this year, says Deutsche Bank
May 05, 2017 22:29 pm UTC| Commentary
Global trade growth nearly stagnated last year at just 1.3 percent, and was even negative in some months. Global trade rebounded again in winter, growing about 3 percent as compared to the same period a year earlier. With...
U.S. consumer credit growth accelerates slightly in March
May 05, 2017 22:14 pm UTC| Commentary
The U.S. consumer credit rose slightly in March. Total consumer credit was up USD 16.4 billion. Meanwhile, revolving credit has been slowing down in the subsequent months following its peak growth of 6.8 percent...
Euro area wage growth likely to remain subdued, says Danske Bank
May 05, 2017 22:00 pm UTC| Commentary
Euro area wage growth continues to be low in spite of the ongoing labor market progress. However, consumers have gained recently from very high real wage growth due to the extraordinary low inflation. The European...
Modest rebound of global economy appears intact, says Barclays
May 05, 2017 21:59 pm UTC| Commentary
The global economic recovery continues to be synchronized. The U.S. economic growth came in weak in the first quarter of this year, whereas the recent April manufacturing PMIs of China indicate reduced momentum and that...