Czech industrial production slumps sharply in July on lower number of working days
Sep 06, 2016 10:33 am UTC| Commentary
Czech industrial production slumped sharply in July on holidays and lower number of working days, according to Czech Statistics Office. Industrial output in the Czech Republic fell 14.1 percent year-on-year. On the...
Sluggish Q2 economic growth drives Eurozone periphery bonds higher; ECB policy decision in focus
Sep 06, 2016 10:13 am UTC| Commentary
The Eurozone periphery bonds gained Tuesday after recent data showed that the economic growth slowed in the second quarter of 2016, which increased possibilities of a further monetary policy easing. The French 10-year...
France’s retail sales rise in August at fastest rate in nearly five years
Sep 06, 2016 10:08 am UTC| Commentary
Retailers in France hinted at a rise in sales for the fourth consecutive month in August. The pace of expansion accelerated, reaching the most rapid pace since October 2011. The seasonally adjusted headline retail PMI came...
Eurozone economy grows in Q2 driven by strong exports, household demand
Sep 06, 2016 09:48 am UTC| Commentary Economy
The eurozone economy grew during the second quarter of this year, driven by astrong rise in exports and buoyant household demand. However, the pace of growth slowed from the previous quarter on weak inventories and...
German bunds strengthen as investors wary ahead of ECB policy decision
Sep 06, 2016 09:39 am UTC| Commentary
The German bunds strengthened Tuesday as investors remained cautious ahead of the European Central Bank monetary policy meeting, where there is a chance of another small deposit rate cut. Also, weaker than expected...
German factory orders fall short of expectations on existing domestic weakness
Sep 06, 2016 09:21 am UTC| Commentary Economy
Factory orders in Germany rose during the month of July, but fell short of market expectations, following dampness in demand for investment goods in the domestic market. German factory orders, adjusted for seasonal...
Germany construction PMI unchanged in August, suggests sustained moderate growth
Sep 06, 2016 09:10 am UTC| Commentary
German construction output is likely to have further grown moderately in August, based on the latest survey data. Meanwhile, increase new business encouraged building firms to raise their workforce numbers and purchasing...