Jun 30, 2016 09:32 am UTC| Commentary Economy
The Turkish lira is likely to witness positive developments as Russian President Vladimir Putin is planning to lift sanctions against Turkey in a few days. He assured that the Russian government will liftthe ban on tourism...
South Korean exports likely to have recovered significantly in June
Jun 30, 2016 07:28 am UTC| Commentary Economy
South Koreas exports are likely to have rebounded considerably in dollar terms and also on year-on-year growth basis. On the basis of interim trade data available till June 20, the countrys exports are expected to have...
Downside risks to German economic outlook return post Brexit vote
Jun 30, 2016 07:17 am UTC| Commentary Economy
Germanys trade and investment are expected to soften in 2016, in spite of a strong start to the year, given the Brexit referendum outcome. Butthe underlying strength of German economy is expected to continue to shield the...
New Zealand’s business sentiment soars to six-month high in June
Jun 30, 2016 06:35 am UTC| Commentary Economy
Business confidence in New Zealand soared to a six-month high in June, according to an ANZ survey. A total of 20 percent businesses are positive about the economic outlook in the coming year, up 9 points from...
US real consumption grows in May; but likely to dampen in future
Jun 30, 2016 05:35 am UTC| Commentary Economy
US personal consumption grew 0.4 percent on a month-on-month basis, consistent with expectations. Also, Aprils figure was revised upwards to 1.1 percent of growth from the earlier estimate of 1 percent. Real spending in...
FxWirePro: The Day Ahead- 30th June 2016
Jun 30, 2016 04:24 am UTC| Commentary Economy
Lots of economic dockets scheduled for today and all with low to medium risks associated. Data released so far: New Zealand: ANZ business confidence rose sharply to 20.2 in May from 11.3 in April. ANZ activity...
Danish employment rate would continue to grow for another two years
Jun 29, 2016 12:48 pm UTC| Commentary Economy
For three straight years, Danish employment has been growing. Also, there is no indication of a slowdown in job growth. Except for finance and commodity extraction, all the main private sector industries are expanding. The...