U.K. retail sales likely to have grown in June

Jul 17, 2017 23:07 pm UTC| Commentary

The U.K.s real GDP growth has been mainly driven by consumer spending in recent years. But growth in retail spending has softened recently, leading to slowdown in the British economy in 2017. The main cause for the...

U.S. Leading Economic Index likely to have risen further in June

Jul 17, 2017 23:07 pm UTC| Commentary

The Leading Economic Index of U.S. had risen for the ninth straight time in May. The interest rate spread, ISM new orders and consumer expectations all aided in driving the index higher. Building permits were the only...

U.S. housing starts likely to have risen in June

Jul 17, 2017 23:06 pm UTC| Commentary

U.S. housing starts had disappointed in May with single-family starts dropped 3.9 percent and multifamily starts falling 9.7 percent. Permits had dropped in both single as well as in multifamily segment, implying there is...

EU fund inflow into CEE to intensify in 2019-2020, Hungarian central bank to stand pat in July – Erste Group

Jul 17, 2017 23:05 pm UTC| Commentary Economy

According to an Erste Group research report, EU fund inflow into CEE will intensify in 2019-2020 and peak in 2021-22. The ECs statistics show that Hungary has spent just 4.2 percent of total available EU funds including...

Australian traditional retailers face strong competition and weak demand - ANZ

Jul 17, 2017 23:04 pm UTC| Commentary Economy

Traditional retailers of Australia face strong competition and weak demand. This shows the higher prices for non-discretionary items now facing households, being countered by savings in discretionary spending. Also,...

BoJ likely to keep monetary policy on hold in July, EUR/JPY to trade in range of 127-131 in months ahead

Jul 17, 2017 23:03 pm UTC| Commentary

The Bank of Japan is expected to keep its QQE with yield curve control policy on hold during its monetary policy meeting this week, noted Danske Bank in a research report. It is widely expected that the Bank of Japan would...

Canada’s existing home sales fall sequentially in June, likely to decline by 2.1 pct next year – TD Economics

Jul 17, 2017 16:35 pm UTC| Commentary

Canadas existing home sales dropped in June. On a sequential basis, existing home sales fell 6.7 percent, marking a third straight fall. Sales activity dropped 14.1 percent from the peak reached three months earlier and...