GDP

  • China's economic growth accelerated in 2017

    18 Jan 2018 10:55 AM |

    China's gross domestic product (GDP) in the fourth quarter of 2017 grew by 6.8% yoy against expectations of 6.7%.

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  • UK GDP data increase interest rate hike possibility

    25 Oct 2017 12:48 PM |

    The UK economy grew by 0.4% in the third quarter, outperforming market expectations, raising the likelihood of the Bank of England starting to tighten monetary policy and raising interest rates soon.

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  • The week ahead (25 – 29 September)

    25 Sep 2017 02:55 PM |

    The weekend saw flaming events as elections were held in New Zealand and Germany, New Zealand's ruling National Party has won the largest number of votes, reaching 46%, while the opposition Labor Party has won 35.8%. The next few days will witness talks in order to form a coalition, to form the new government pending the announcement of the results officially on October 7.

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  • ECB Monthly Bulletin: FX volatility is one of the sources of uncertainty that needs to be monitored

    21 Sep 2017 12:20 PM |

    Following are the highlights of the European Central Bank's monthly bulletin:

    • Recent exchange rate volatility represents a source of uncertainty and require monitoring with regard to their potential impact on the medium-term outlook for price stability.

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  • Australian inflation expectations weaken in September for the second month

    14 Sep 2017 11:27 AM |

    Inflation expectations among consumers in Australia fell for the second month in a row in September, with the Melbourne Institute index falling to 3.8%, after recording 4.2% last month. This monthly indicator is monitored closely because inflation expectations tend to influence actual price growth.

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  • NAB expects Australian interest rate hike twice in 2018

    13 Sep 2017 04:14 PM |

    The National Australia Bank revised its expectations for the Reserve Bank of Australia's monetary policy and after it had expected a rate cut twice, it now expects the central bank to raise interest rates in August 2018 by 25 basis points, in November 2018 by 25 basis points, as well as a double rate hike in 2019.

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  • Harper: Economic growth isn't strong enough to raise interest rates

    13 Sep 2017 10:18 AM |

    Ian Harper, a member of the Reserve Bank of Australia board, made the following statement:

    • Economic growth is not strong enough to raise interest rate.
    • Australian dollar gains driven by weakness of the US dollar.

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  • The Australian economy matches expectations and grows by 0.8% in the second quarter

    6 Sep 2017 10:03 AM |

    Australia's economic growth accelerated in the second quarter of 2017 as exports and consumer spending surged to ease fears about a worsening outlook. GDP expanded by 0.8% quarterly, after rising by 0.3% in the first quarter of the same year.

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  • Swiss GDP below expectations in the second quarter

    5 Sep 2017 11:15 AM |

    The Swiss economy grew at a slower pace than expected during the second quarter of 2017 as the growth in the financial sector and hotels was offset by weak growth in both trade and public administration. On a quarterly basis, GDP grew by 0.3%, below expectations of 0.5% growth, while the economy grew by 0.1% in the first quarter of 2017.

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