Poland holds steady pace of GDP growth

Sep 02, 2015 23:47 pm UTC| Commentary

Polands economy lost some momentum as GDP growth slowed down to 3.3% y-o-y in Q2, from 3.6% in Q1. While the breakdown confirmed that private consumption and investment remained the main pillars of growth, the former eased...

Dutch domestic spending to increase further

Sep 02, 2015 23:24 pm UTC| Commentary

Dutch private consumption increased by 0.2% q-o-q in the second quarter, compared to a growth of 0.6% in Q1. Throughout the year, consumption has been positively affected by the high number of home sales, which boosted...

Weak quarter masks strength of Dutch recovery

Sep 02, 2015 23:18 pm UTC| Commentary

According to the preliminary estimate, economic growth slowed down to 0.1% q-o-q in the second quarter of 2015, after an increase of 0.6% in the first quarter. The second quarters growth rate was suppressed by the...

UK household consumption likely to grow less in 2016

Sep 02, 2015 22:54 pm UTC| Commentary

UK private consumption grew by 0.7% q-o-q in the second quarter of 2015 and consumption is expected to continue to grow in the second half of the year. Households still profit from past nominal wage increases and low...

UK economic growth in Q2 widely supported

Sep 02, 2015 22:48 pm UTC| Commentary Economy

The second estimate of GDP in 2015Q2 confirmed that the British economy expanded by 0.7% q-o-q in the second quarter of 2015. All components, except inventory formation, contributed positively to economic growth. Private...

US civilian jobless rate likely resumed its downtrend in August

Sep 02, 2015 22:24 pm UTC| Commentary

The BLS canvass of 60,000 households are expected to yield similarly upbeat results. Assuming that the relationship between the establishment and household employment measures held fairly steady during the reference...

US: ADP was a touch softer than expected

Sep 02, 2015 21:59 pm UTC| Commentary

ADP was a touch softer than expected (190k vs est. 200k), but not enough to alter expectations for Fridays NFP. ADP has on average been about 22k lower than private payrolls over the last 6 months. As an indicator for NFP,...