Australia’s new motor vehicle sales fall 1.3 pct in July
Aug 16, 2016 07:10 am UTC| Commentary Economy
New motor vehicle sales in Australia dropped 1.3 percent in July, stated the Australian Bureau of Statistics. This is a slowdown from Junes rise of 3.5 percent. Monthly sales in the country declined to 98,062, slipping...
Canadian home sales drop in July; average home prices likely to rise strongly in 2016
Aug 16, 2016 05:34 am UTC| Commentary Economy
Canadas housing market seems to be losing momentum. Resale activity in the country dropped 1.3 percent on sequential basis and 2.9 percent on year-on-year basis in July. This was the largest annual drop since 2013, stated...
US homebuilder sentiment rises in August, home sales likely to grow modestly in year ahead
Aug 16, 2016 05:28 am UTC| Commentary Economy
US homebuilder sentiment rose a bit in August, thanks to rebound in sales activity. The NAHB Housing Market Index rose 2 points in August to 60, consistent with consensus projection. The August index is slightly above its...
FxWirePro: The Day Ahead- 16th August, 2016
Aug 16, 2016 04:47 am UTC| Commentary Economy
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: New Motor Vehicle sales declined -1.3 percent in July, ,up 1.6 percent from...
Singapore’s retail sales rise 0.9 percent year-on-year on robust vehicle sales
Aug 15, 2016 10:15 am UTC| Commentary Economy
On an annual basis, Singapores retail sales grew 0.9 percent, thanks to robust vehicle sales. However, on monthly basis, retail sales slowed in June from Mays upwardly revised figure. The nations retail sales surprisingly...
Japan’s GDP growth misses expectations in Q2, momentum likely to pick up slightly in H2
Aug 15, 2016 09:39 am UTC| Commentary Economy
The Japanese economic growth for the second quarter came in below consensus expectation, on declining exports and subdued corporate investment. Japans GDP grew 0.2 percent quarter-on-quarter in second quarter, as compared...
Inflationary pressures in India rise; domestic, external growth continue to give mixed signals
Aug 15, 2016 07:06 am UTC| Commentary Economy
A slew of data released implies that inflationary pressures in India have risen, whereas domestic and external growth continues to give mixed signals. Inflation last month accelerated markedly. It was driven by core and...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects