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Fri, 26 Jun 2015 06:13:04 GMT

UK retail sales growth slows in June

Even though UK retail sales remained strong in June, the volumes sold fell more then expected from the preceding month.

Fri, 26 Jun 2015 06:02:05 GMT

US initial jobless claims rise to 271K last week

The number of Americans, who applied for unemployment assistance in the week ended June, rose but remained at a level consistent with a strengthening labour market.

Fri, 26 Jun 2015 05:51:04 GMT

German consumers become cautious as Greek debt crisis weighs on German economy

Following a decline in German business morale in June, consumers also became more cautious for the first time since October, as the Greek debt crisis weighs on the Euro zone's number one economy.

Thu, 25 Jun 2015 05:31:05 GMT

US economy contracts 0.2% in Q1, final data shows

The US economy contracted in the first quarter less than previously estimated as it struggled with bad weather, a strong US Dollar, spending cuts in the energy sector and disruptions at West Coast ports.

Thu, 25 Jun 2015 05:20:04 GMT

German business confidence at 4-month low in June, France GDP grows 0.6% in Q1

German business confidence slid to the lowest level in four months in June after the latest PMI data showed an improving sentiment in the nation's manufacturing and services sectors.

Wed, 24 Jun 2015 06:14:04 GMT

BoJ concerned about weak consumer prices in Tokyo, yet inflation sets to meet 2% goal in 2016

While some Bank of Japan board members appeared to be worried about weak consumer price gains in Tokyo, others believed that the underlying trend remained in line with the central bank's outlook.

Wed, 24 Jun 2015 06:03:04 GMT

US core durable goods orders rises 0.5% in May, while total decline 1.8%

Orders placed with US factories for long-lasting manufactured goods dropped in May, led by a precipitous decline in demand for aircraft.

Wed, 24 Jun 2015 05:52:04 GMT

Euro zone's economy gains momentum in June

Euro zone's manufacturing and services sectors have enjoyed a strong performance this month as growth gained steam in the region's biggest economies, Germany and France.

Tue, 23 Jun 2015 06:58:03 GMT

New Zealand consumer confidence declines to 2-year low in Q2

New Zealand consumer confidence dropped in the second quarter to the lowest level in more than two years, as falling dairy prices weighed on the outlook of the nation's economy.

Tue, 23 Jun 2015 06:44:03 GMT

China's manufacturing activity remains in red, according to HSBC

China's manufacturing activity continued to contract for the fourth consecutive month in June, a private survey from HSBC showed.

Tue, 23 Jun 2015 06:26:04 GMT

Existing home sales surge to 5-year high in May, driven by first-time buyers

Sales of previously owned homes rose to the highest level in more than five years in May, the latest sign that housing and overall economic growth were gaining momentum in the second quarter.

Tue, 23 Jun 2015 06:15:04 GMT

Greece may strike deal already this Thursday

A ray of hope emerged in what seemed an endless standstill over the Greek debt situation.

Mon, 22 Jun 2015 08:50:09 GMT

BoJ keeps its monetary policy unchanged, but says no extra stimulus are needed

The Bank of Japan kept intact its massive monetary policy stimulus and its optimistic outlook for the world's third biggest economy, signalling its belief that Japan's economy will gain momentum enough to lift inflation to its 2% goal without extra monetary easing.

Mon, 22 Jun 2015 08:19:17 GMT

Canada's inflation unexpectedly accelerates in May, retail sales fall in April

Canada's inflation unexpectedly accelerated in May, led by increasing food prices. Canada's annual inflation rate ticked up to 0.9% from 0.8% in April, but remained below the lower end of the Bank of Canada's 1% to 3% target band, according to Statistics Canada.

Mon, 22 Jun 2015 07:58:10 GMT

Williams see Fed hiking rates twice this year if economic data comes in line with expectations

San Francisco Federal Reserve President John Williams believes that the US central bank should hike interest rates from near-zero twice this year if economic data meet expectations, highlighting that a delay of a hike for too long poses risks to the world's number one economy.

Mon, 22 Jun 2015 07:08:05 GMT

Greece presents new reforms package

The Greek Government presented a new reforms package to its international creditors to finally reach a compromise and seal a deal before an extraordinary summit of Eurozone finance ministers in Brussels later today.

Mon, 22 Jun 2015 06:53:04 GMT

Key highlights of the week ended June 20

Euro zoneThe Euro zone inflation returned firmly to green territory in May, as the ECB's quantitative easing programme has started to produce desired results. Euro area's annual inflation came in at 0.3% in May 2015, up from 0.0% in the preceding month. On a monthly basis, prices in the bloc climbed 0.2%, after flat growth seen in April. Despite some

Fri, 19 Jun 2015 05:36:05 GMT

SNB keeps monetary policy intact, awaits Swiss Franc's depreciation

The Swiss National Bank kept intact its policy of negative interest rates and penalties for holding Swiss francs in cash.

Fri, 19 Jun 2015 05:25:04 GMT

UK retail sales unexpectedly rise in May, led by sales of food and gasoline

British retail sales unexpectedly rose in May, driven by sales of food and gasoline, as spending on clothing dropped.

Fri, 19 Jun 2015 05:14:03 GMT

US inflation records largest increase in over 2 years, jobless claims decline

US consumer inflation recorded the largest monthly rise in May in more than two years, a sign inflationary pressures have started to build in the world's number one economy.

Fri, 19 Jun 2015 05:03:04 GMT

IMF will not provide Greece with extra time, if country fails to make repayment on June 30

The International Monetary Fund said Greece will not be given extra time to meet its financial obligations, if it fails to make a repayment on June 30.

Thu, 18 Jun 2015 07:01:04 GMT

New Zealand's economy grows just 0.2% in Q1

New Zealand's economy slowed considerably in the first quarter of the year as drought hurt farming, diminishing dairy output, while low prices hit oil production and exploration, leaving the Reserve Bank of New Zealand with room for further monetary policy easing.

Thu, 18 Jun 2015 06:50:03 GMT

Canada's wholesale trade soars 1.9% in April

Canada's wholesale trade rose for a second consecutive month in April, beating economists' projections more than six times.

Thu, 18 Jun 2015 06:31:04 GMT

UK wages grow more than expected, BoE remains unanimous on monetary policy setting

While the UK unemployment rate remained steady at 5.5%, the lowest level since 2008, British workers' total pay increased more than expected to reach its fastest rate in almost four years in three months through April.

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