Gradual rise in US underlying inflationary pressures expected
Jun 20, 2016 12:04 pm UTC| Commentary Economy
The US Fed officials, in updated forecasts, kept their projections of a slow increase in underlying inflationary pressures. The US Fed projects core deflator to accelerate to 1.7 percent in the last quarter of this year....
'Bremainers' overshadow 'Brexiteers' in latest UK polls
Jun 20, 2016 11:40 am UTC| Economy Commentary
The latest polls by various corporate bodies in the United Kingdom on the June 23 Brexit referendum have reversed, with the percentage of citizens in favor of staying in the European Union outnumbering those who oppose...
Brazilian inflation likely to further slow down on decelerating food inflation
Jun 20, 2016 11:34 am UTC| Commentary Economy
Brazils inflation is likely to further slowdown as food inflation has also started to decelerate. Inflations broad trajectory continues to be downward given the base effect and stabilizing Brazilian real, said Societe...
Turkish economy begins to slow down; current account deficit likely to widen this year
Jun 20, 2016 11:14 am UTC| Commentary Economy
The Turkish economy is starting to slow down, based on certain signs. The Turkish economy grew 4.8 percent year-on-year in the first quarter of this year, as compared with the previous quarters 5.7 percent growth. On a...
German Q2 growth likely to slow down sharply: Bundesbank
Jun 20, 2016 10:53 am UTC| Central Banks Commentary Economy
According to Bundesbank, Germanys second quarter growth is likely to slow down sharply, before re-bounding later in the year to return to a solid growth path. Growth is likely to witness a setback in the second quarter,...
China’s housing market recovery eases on reclining stimulus in major cities
Jun 20, 2016 10:41 am UTC| Commentary Economy
Chinas housing market recovery has slowed, tapering off the gains achieved during the first half of 2016. Easing stimulus measures from the government to buy housing properties in major cities have led to a flux in the...
Australia’s residential property prices likely to have decelerated further in Q1
Jun 20, 2016 09:54 am UTC| Commentary Economy
Australias residential property price inflation is expected to have slowed further in the first quarter of 2016, given the private sectors monthly data. Residential property prices are likely to have decelerated to 7.2...