German business confidence likely to weaker in August

Aug 24, 2015 06:43 am UTC| Commentary

Germans business climate indicator has in particular been held up by the strong assessment of current conditions. While expectations have been on a declining trend since March, a trend is likely to have continued in August...

German net exports likely led GDP growth in Q2

Aug 24, 2015 06:32 am UTC| Commentary

In Q2, German GDP grew by 0.44% qoq according to the preliminary release, compared with an upward revised 0.35% in Q1. This weeks release will provide the first breakdown of growth, although the flash press released...

French business confidence to remain unchanged in August

Aug 24, 2015 06:17 am UTC| Commentary

The French National Statistical Institute (INSEE) business confidence index for the entire economy is expected to remain unchanged at 99 in August (historical average=100), while the manufacturing index should also remain...

Spain domestic demand main growth driver

Aug 24, 2015 05:53 am UTC| Commentary

Spain household consumption (contributing for two-third of the Q2 growth number) continued to benefit from low interest rates (as the bulk of mortgage debt is in variable rates), low inflation, the ongoing tax reform and...

Flash August Spanish inflation to print at -0.2% yoy

Aug 24, 2015 05:40 am UTC| Commentary

Spanish services inflation added 8bp and non-energy industrial goods contributed 3bp to the headline figure. Looking ahead, Spanish HICP inflation should remain in negative territory until the end of the summer,...

U.K. Q2 GDP growth to remain stable at 0.7%

Aug 24, 2015 05:16 am UTC| Commentary

In the first estimate, the U.K. qoq growth rates of industrial production and construction output were 1.0% and 0.0% and in the subsequent publication of the June data these were revised to 0.7% and 0.2% respectively....

Australian construction investment still declining

Aug 24, 2015 04:43 am UTC| Commentary

Australian public engineering work, rather than expanding as in the previous two quarters, is expected to post little change. In contrast, building construction by the private sector is likely to have expanded further, at...