Fall in investment will likely be a big drag on Australia GDP growth this year: Capital Economics
Mar 03, 2015 19:48 pm UTC| Commentary
Quotes from Capital Economics:- GDP probably grew by 0.7% q/q in Q4 last year in Australia, up from 0.3% q/q in Q3 (00.30 GMT). But this should not be taken as a sign that Australia is passed the worst.- Indeed, it looks...
Japan wage growth may pick up further in coming months: Capital Economics
Mar 03, 2015 19:31 pm UTC| Commentary
Quotes from Capital Economics:- In contrast to expectations of a slowdown, preliminary data showed that wage growth remained unchanged at 1.3% y/y in January. (Data released on Tuesday.) Base pay increased by 0.8% y/y, the...
Australian dollar to weaken to US$0.70 by December: Capital Economics
Mar 03, 2015 19:09 pm UTC| Commentary
Quotes from Capital Economics:- The differential between Australian and US interest rates could shrink quite fast. In the past, this has typically been associated with a weaker Australian dollar. At face value, the...
Interest rates in Australia are likely to decline to 1.5% this year: Capital Economics
Mar 03, 2015 19:01 pm UTC| Commentary
Quotes from Capital Economics:- Unsurprisingly, the Australian dollar rose after RBA decided on Tuesday not to follow Februarys cut with another in March, leaving rates at 2.25%.- It seems likely that the RBA was concerned...
EZ retail sales may have risen for the fourth consecutive month in Jan: Capital Economics
Mar 03, 2015 18:50 pm UTC| Commentary
Quotes from Capital Economics:- Euro-zone retail sales (10.00 GMT) may have risen for the fourth consecutive month in January.- Admittedly, after decent monthly rises throughout Q4, there is a clear risk that retail sales...
Franc’s surge could weigh on Swiss GDP growth before long: Capital Economics
Mar 03, 2015 18:42 pm UTC| Commentary
Quotes from Capital Economics:- The Swiss economy posted a healthy 0.6% expansion in Q4, with both net exports and domestic demand continuing to rise. (Data released on Tuesday.)- But the francs surge since the removal of...
Canada's GDP growth was driven principally by a pick-up in inventory accumulation: Capital Economics
Mar 03, 2015 18:36 pm UTC| Commentary
Quotes from Capital Economics:- The 2.4% annualised gain in Canadian fourth-quarter GDP (released on Tuesday) looks encouraging enough. It means the Canadian economy expanded at a slightly faster pace than the US (2.2%)...
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