Polish GDP growth contracts in Q2 2020, economic growth likely to rebound q/q in Q3
Aug 14, 2020 18:36 pm UTC| Commentary
The Polish economy has fallen into its first technical recession since the beginning of its transition to a market economy in early nineties. Todays flash release of the GDP showed that the economy is estimated to have...
Canadian manufacturing sales rise sharply in June
Aug 14, 2020 17:53 pm UTC| Commentary
Canadas manufacturing sales rose 20.7 percent sequentially in June, coming in above the flash estimate of a rise of 16.8 percent. This follows a rise of 11.6 percent in May, but still leaves manufacturing sales levels 13.2...
U.S. retail sales growth slows down slightly in July
Aug 14, 2020 14:43 pm UTC| Commentary Economy
U.S. retail sales growth decelerated in July. Sales grew 1.2 percent, slowing down from the 8.4 percent growth in June. Consensus expectations were for a growth of 1.9 percent. The volatile categories recorded mixed...
Malaysian economic growth shrinks sharply in Q2 2020, recovery appears on track
Aug 14, 2020 13:33 pm UTC| Commentary
Malaysian economic growth shrank 17.1 percent year-on-year in the second quarter to the lowest level since the fourth quarter of 1998. On a year-on-year basis, private consumption dropped 18.5 percent, negatively...
Gold set for weekly decline as greenback steadies after U.S. Treasury yields rise
Aug 14, 2020 09:43 am UTC| Commentary
Gold prices edged lower as a rise in U.S. Treasury yields forced investors to reassess their positions again after a steep retreat from a record peak earlier this week, putting the safe-haven metal on course for its first...
Gold steadies above $1,900 on weaker dollar
Aug 13, 2020 09:49 am UTC| Commentary
Gold prices rose nearly 1 percent, drifting further away from a 3-week low on a weaker dollar and concerns over global economic fallout from mounting COVID-19 cases. Spot gold was trading 0.8 percent higher at $1,932.55...
U.K. economic activity rises above expectations in June
Aug 12, 2020 16:14 pm UTC| Commentary
The U.K. economic activitys level picked up in June, growing 8.7 percent sequentially. This provides further evidence that the U.K. economy is on the road to recovery. This follows an upwardly-revised rise of 2.4 percent...
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