China’s property prices show early signs of softening momentum

Jun 20, 2016 12:10 pm UTC| Insights & Views Economy Commentary

According to data released over the weekend by National Bureau of Statistics, Chinas property prices are showing some early signals of softness. Average new home prices in 70 major cities climbed 6.9 percent last month...

Gradual rise in US underlying inflationary pressures expected

Jun 20, 2016 12:04 pm UTC| Commentary Economy

The US Fed officials, in updated forecasts, kept their projections of a slow increase in underlying inflationary pressures. The US Fed projects core deflator to accelerate to 1.7 percent in the last quarter of this year....

'Bremainers' overshadow 'Brexiteers' in latest UK polls

Jun 20, 2016 11:40 am UTC| Economy Commentary

The latest polls by various corporate bodies in the United Kingdom on the June 23 Brexit referendum have reversed, with the percentage of citizens in favor of staying in the European Union outnumbering those who oppose...

Brazilian inflation likely to further slow down on decelerating food inflation

Jun 20, 2016 11:34 am UTC| Commentary Economy

Brazils inflation is likely to further slowdown as food inflation has also started to decelerate. Inflations broad trajectory continues to be downward given the base effect and stabilizing Brazilian real, said Societe...

Turkish economy begins to slow down; current account deficit likely to widen this year

Jun 20, 2016 11:14 am UTC| Commentary Economy

The Turkish economy is starting to slow down, based on certain signs. The Turkish economy grew 4.8 percent year-on-year in the first quarter of this year, as compared with the previous quarters 5.7 percent growth. On a...

German Q2 growth likely to slow down sharply: Bundesbank

Jun 20, 2016 10:53 am UTC| Central Banks Commentary Economy

According to Bundesbank, Germanys second quarter growth is likely to slow down sharply, before re-bounding later in the year to return to a solid growth path. Growth is likely to witness a setback in the second quarter,...

China’s housing market recovery eases on reclining stimulus in major cities

Jun 20, 2016 10:41 am UTC| Commentary Economy

Chinas housing market recovery has slowed, tapering off the gains achieved during the first half of 2016. Easing stimulus measures from the government to buy housing properties in major cities have led to a flux in the...