UK’s industrial production and manufacturing activity drop in May

Jul 07, 2016 10:42 am UTC| Commentary Economy

UKs total production output fell 0.5 percent month-on-month in May, as compared with consensus expectations of a drop of 1 percent. The industrial production data for the month of May has come in better than expected. This...

German industrial production dives deeply in May

Jul 07, 2016 09:31 am UTC| Commentary Economy

Industrial production in Germany during the month of Mayfell sharply, diving below market expectations following a significant decline in capital goods output. However, this indicated that the countrys industry has already...

US service sector's business activity rises in June

Jul 07, 2016 09:28 am UTC| Commentary Economy

Business activity throughout the US service sector grew in June, assisted by rapid growth of new work since the beginning of 2016. But the momentum of growth continued to be subdued in comparison to its post-crisis trend...

FOMC meet's minutes signal delay in rate hike on labor market concerns

Jul 07, 2016 09:23 am UTC| Commentary Economy Central Banks

The minutes from the Federal Open Market Committee meeting held during June 14-15, signaled a delay in rate hike, on mounting concern over the countrys labor market, with the non-farm payrolls data in May, shocking...

Swedish CPI inflation likely to have accelerated in June

Jul 07, 2016 08:47 am UTC| Commentary Economy

The upcoming Swedish CPI data, which will be released on July 12, is likely to have recorded a rise in June. According to a Nordea Bank research report, the CPI inflation is expected to have accelerated 0.2 percent on...

Mexican consumer sentiment likely to have remained almost unchanged in June

Jul 07, 2016 08:18 am UTC| Commentary Economy

Mexicos consumer sentiment index is likely to have increased in June to 92.2 from Mays 90.9, noted Societe General in a research report. But on a seasonally adjusted basis, the sentiment index is expected to have remained...

Czech retail sales likely recovered in May on robust consumer spending

Jul 07, 2016 06:33 am UTC| Commentary Economy

Czech Republics retail sales are likely to have rebounded in May with the help of solid consumer spending. According to a Societe Generale research report, the nations retail sales are expected to have grown 7.7 percent...