
Spain unemployment to decline further in Q3
Jul 20, 2015 04:17 am UTC| Commentary
Given the strong economic momentum since the beginning of the year, favourable seasonal factors and, to a lesser extent, some measures implemented by the government since 2011."The Spanish unemployment rate is expected to...

French business confidence to improve in July
Jul 20, 2015 04:12 am UTC| Commentary
Continued improvement is expected , particularly in the French manufacturing sector, as corporate spending and export growth should start to respond to low oil prices and a weak euro.Corporate tax cuts should also filter...
Daily Economic Outlook: 20th July, 2015
Jul 20, 2015 04:12 am UTC| Commentary
Today is set to be a very quiet start to what is an exceedingly light week for new economic data. There are no data releases of note today and the only first tier releases later in the week are UK retail sales (Thurs) and...

Euro area PMIs to soften heading into Q3
Jul 20, 2015 04:08 am UTC| Commentary
As we enter H2, an overall softening of the PMIs is expected as the euro area continues its cyclical recovery.Therefore further growth is expected in July in the manufacturing and services sectors but with both at a lower...

Greece to repay the ECB and the IMF
Jul 20, 2015 04:02 am UTC| Commentary
Greece should be able to pay the ECB 3.5bn debt redemption due on Monday with the help of the 7bn bridge loan agreed last week. On top of that, the Greek government should settle the IMF missed payments (1.54bn in June and...

BoK indicates slowdown in GDP growth on MERS concerns
Jul 20, 2015 04:02 am UTC| Commentary
BoK Governor Lee Ju-yeol disclosed a flash estimate of 0.4% qoq growth of South Korean GDP, at the press conference following the MPC meeting on 9 July. Growth in key components of Q2 GDP can be calculated using the H1 GDP...

US New home sales to take a breather after reaching an eight-year high
Jul 20, 2015 03:58 am UTC| Commentary
The fundamental outlook for US new home sales is very bullish in our view. Although young households are showing a clear preference towards renting rather than buying, tightness in rental inventories and the resulting rent...