US Small business sentiment takes a hit in June
Jul 14, 2015 15:03 pm UTC| Commentary Economy
The NFIBs small business optimism index tumbled by 4.2 points in June to 94.1 - the lowest reading in more than a year. The headline number came in considerably below the consensus estimate, which called for the index to...
Brazilian GDP likely grow at -1.6% in 2015
Jul 14, 2015 12:38 pm UTC| Commentary
On the demand side, Brazils retail sales data released for April and May suggests that consumption is set to contract in Q2 as well. Therefore, Societe Generale expects the consumption to be a net drag on growth for the...
Brazilian GDP likely grow at -1.6% in 2015
Jul 14, 2015 12:38 pm UTC| Commentary
On the demand side, Brazils retail sales data released for April and May suggests that consumption is set to contract in Q2 as well. Therefore, Societe Generale expects the consumption to be a net drag on growth for the...
BoK opts for rate cut for boosting growth rate
Jul 14, 2015 10:23 am UTC| Commentary
Due to fall in demand both in global and domestic market for Korean product, the Korean GDP is expected to slowdown in 2015. In order to avoid slower growth rate, the BoK followed its March 2015 rate cut with an additional...
Korean GDP growth rate unlikely to follow upward trend in 2015
Jul 14, 2015 09:50 am UTC| Commentary
The Korean economy is highly dependent on international trade (exports account for 55% of GDP) and thus remains vulnerable to external shocks, such as the slowdown of activity in China and other trading partners, and the...
Double-digit recession on cards for Ukraine
Jul 14, 2015 09:26 am UTC| Commentary
The first quarter of 2015 for Ukraine pointed to further deepening of recession, with real GDP down by 17.2% y/y. The Ukrainian economy has entered its second year of recession.On the production side, all sectors posted...
Lower Chinese cotton demand leads to higher cotton stocks
Jul 14, 2015 09:01 am UTC| Commentary
In its latest forecasts of Chinese cotton demand in both the 2014/15 and 2015/16 seasons, the USDA has downwardly revised its estimates by 1 million and 1.5 million bales respectively.As a result, the figures for both...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects