Under a new government the Australian economy should begin to flourish due to structural reforms, pledged by the newly-appointed Tony Abbott, the Conference Board Leading Economic Index suggests.
As it was widely expected the Alpine country is building up steam, and after a stronger-than-expected GDP figures in the second quarter, the economy is likely to accelerate even further, supported by improvement in consumers' and investors' mood.
British policymakers moved further away from adding any additional stimulus to the economy in September, minutes of the last policy meeting showed Wednesday.
Nothing. This is what Ben S. Bernanke decided to do, solidifying the standing as the most activist Fed Chairman in history.
After almost a year of strict government regulations and becoming the first EU country to seize bank deposits and impose capital controls in order to avert a financial collapse, Cyprus President Nicos Anastasiades pledged to lift all restrictions on capital movement in January.
During September's policy meeting the Reserve Bank of Australia assured once again its pledge to retain the option of cutting interest rates, however saying there is no imminent intention to reduce them any time soon, taking into account that the Chinese economy is back on the track of sustain growth and the U.S. is expected to start QE tapering later
Sales of Canada factory's products soared more than expected in July, ending a streak of fourth monthly drops in six months benefiting from makers of commodities from oil to lumber, government figures showed Tuesday.
Consumer prices in Britain slowed down slightly last month, as clothing prices and transport costs rose less than a year earlier, the Office for National Statistics said Tuesday.
The cost of living in the world's largest economy advanced less than analysts expected in August, reinforcing a view it will take more time to achieve the Fed's goal.
The 17-nation economy recorded its seventeenth straight monthly trade surplus in July, albeit the figure came below analysts' expectations, the European Central Bank said Tuesday.
New Zealand consumers are more cautious in the third quarter rather than 3 months earlier, as higher petrol prices and increasing interest rates are weighing on consumers mood.
Japanese banking sector is regaining its strength once again as lenders from the world's third largest economy have emerged as the biggest source of cross-border loans.
In order to stoke the fire about growing housing bubble in the U.K., Rightmove, the nation's leading property portal, published its house-price growth forecast, saying investors should prepare for another rally.
The United States Dollar was broadly lower against its major peers on Monday as one of the main candidates for Federal Reserve Chairman position stepped out of the race after facing fierce opposition from the Democratic Party.
With economy showing signs of improvement, labour market is still a major headache for the European policymakers. Hence, workers in the Eurozone are still suffering a drop in pay in real terms, as wage growth lags the rate of inflation.
Producer and imports prices in Switzerland advanced slightly in August from a month earlier, reflecting that manufacturers are less worried about future economic performance of the country, and solidifying a view the economy will continue gathering momentum.
Japanese companies are continuing to benefit from the government's Abenomics, as July's industrial production rose above analysts' expectations, reinforcing a view the economic recovery is picking up.
Should the BoE make it requirement of banks to hold liquid capital to avoid possible risks more strict, and what kind of approach should be used when speaking about prudential regulation?
A couple of days before the key FOMC meeting the economy is sending weak signals, as retail sales rose less than expected, consumer sentiment plunged, while producer prices advanced only due to higher costs for food and fuels.
The number of employed people in the 17-nation bloc fell once again in the second quarter, albeit at a slower pace, reflecting stabilization in the labour market and adding to signs the region may be gaining momentum.
A lack of fundamental news left the single currency almost unchanged (-0.09%) against its eight major peers last week, while the kiwi was among top gainers and the U.S. Dollar and Japanese Yen fell the most.
Australian newly-appointed government, led by Tony Abbott is facing significant challenges to revive growth in the world's twelfth largest economy, as domestic companies are firing more staff and refusing to create additional work places due to waning mining boom.
New Zealand currency hit the highest- level in one month against the U.S. counterpart on Thursday as the Reserve Bank of New Zealand made no adjustments to its monetary policy, leaving the key rate at 2.5% and pointed at possible tightening in policy next year.
The fact Britain's economy is on the path of sustain recovery is no longer a question, as the improvement was seen in all sectors of the economy, however, Bank of England policymaker David Miles expressed his concerns the recent strength of economy should translate into a sharp drop in unemployment.