Spanish growth likely to decelerate further in Q4

Nov 26, 2015 07:27 am UTC| Commentary

Spanish GDP for third quarter of 2015 on yoy and qoq basis are yet to be released today, which is likely to reflect the solid domestic demand and consumption in the country. On q-o-q basis, the Q3 GDP is expected to be...

Australia's ABS survey's current CAPEX estimates points downside risks to 2015/16 growth outlook

Nov 26, 2015 07:13 am UTC| Commentary

The trend estimate for Australias total new CAPEX slumped 6.5% in the third quarter of 2015. By asset type, the trend estimate for buildings and structures dropped 7.0% and equipment, plant and machinery slumped 4.7%....

Norway’s labor market may deteriorate in near future

Nov 26, 2015 07:12 am UTC| Commentary

Norways Labor Force Survey (LFS) reveals the countrys unemployment rate remained steady at 4.6% in September. The unemployment rate for the reference month is as expected. The last year unemployment rate risen by around...

Weakness in Australia's capex spending evident across number of fronts

Nov 26, 2015 07:04 am UTC| Commentary

In Australia, the actual spending in Q3 2015 and fourth estimate of spending plans for 2015/16 were released in the ABS survey of private business CAPEX. In the September quarter, the spending declined by 9.2%, way ahead...

Assets price sensitivity to Chinese economic activity

Nov 26, 2015 06:46 am UTC| Commentary

Investors are concerned about Chinas growth outlook. Markets discuss on three aspects on Chinese economy are the pace of contraction, vulnerability of various assets to the slowdown in growth rate. The economys growth rate...

EA's October Money supply growth likely to be 4.9% (yoy) and 5% (3M average)

Nov 26, 2015 06:41 am UTC| Commentary

Euro areas Money supply growth for the month of September was 4.9% yoy, slightly below the expected 5% and modestly above Augusts 4.8%, the 3 month average was at 5%. The Money Supply growth on a 3-month average for...

US Q4 GDP tracking down to 2% due to October durable goods and PCE

Nov 26, 2015 05:53 am UTC| Commentary

There was large upside revision to the Q3 equipment investment, and a weak shipments data led to the revisions in the Q4 estimates lower. October Manufacturers inventories of durable goods fell 0.2% m/m. The real...