Q2 wages in the euro area grow at the weakest pace in six years

Sep 16, 2016 09:59 am UTC| Commentary Economy

Wages in the euro area grew at the weakest pace in almost six years, during the three months ended June, a signal that the common currency zone is struggling the odds of a muted economic recovery, a phase of worry for the...

South-East Australia likely to witness strong recovery in non-mining sector

Sep 16, 2016 09:29 am UTC| Commentary Economy

South-east Australias non-mining business investment seems likely to recover given the worst of the income shock from falling commodity prices looks to be over, while mining capex is likely to be almost back at pre-boom...

Economic growth in Russia likely to remain subdued in 2016, recession to last until early 2017

Sep 16, 2016 08:38 am UTC| Commentary Economy

Economic growth in Russia is expected to decline in 2016 and next year, before returning to growth in 2018 and the years ahead. However, the ongoing recessionary phase is expected to last until early 2017 as activity in a...

One strong inflation figure today can push Fed to hike rates next week

Sep 16, 2016 08:23 am UTC| Commentary Economy

Todays release of Consumer price index (CPI) numbers will be most watched by traders and investors ahead of next weeks FOMC rate decision. CPI is scheduled to be released at 12:30 GMT. Todays CPI figure, if turns out to be...

Chile’s economic growth seems on a weak track; consumer demand likely to improve

Sep 16, 2016 07:08 am UTC| Commentary Economy

Economic weakness in Chile persisted during the month of July; however, consumer demand is improving or at least not weakening further. The IMACEC economic activity index increased 0.5 percent in July compared to a year...

Economic recovery in Eurozone likely to be steady this year, inflation to pick up sharply

Sep 16, 2016 06:42 am UTC| Commentary Economy

The eurozone economy is expected to witness a steady recovery this year but with downside risks on an unfavourable external environment, including post-Brexit uncertainty. Expectations of a sharper pick-up in 2017-18...

Bank Indonesia targets prevention of excess IDR volatility, foreign reserves rise in August

Sep 16, 2016 06:16 am UTC| Commentary Economy Central Banks

Indonesias foreign reserves rose during the month of August; however, this is hardly surprising given that foreign inflows into equities and Indonesian government bonds amounted to USD 10 billion in the same period. In...