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China’s Export Shed 7.3%
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👤Arthur Greene
🕔November 8, 2016
Chinese exports fell in October for the seventh consecutive month as weak demand continued to weigh on the world’s second-largest economy, although the decline wasn’t as sharp as in September.
Exports dropped 7.3 per cent last month from a year earlier, the General Administration of Customs said Tuesday.…
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China Economy Expanded in Q3
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👤Xinyang
🕔October 18, 2016
News Event
From Trading Economics: The Chinese economy expanded an annual 6.7 percent in the September quarter of 2016, the same pace as in the previous two-quarters.The figure was in line with market expectations, supported by an increase in government spending, fixed asset investment and retail sales while industrial output eased.…
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👤Nurudeen Amedu
🕔October 2, 2016
According to comments made by the Russian Prime Minister Dimitry Medvedev in an interview on Saturday, Russia’s economy will be in growth phase at the start of 2017.
“We assume that at the end of the year these negative trends, which have been developing in our economy over the past two-three years, will exhaust themselves owing to the measures taken by the government and the general improvement of the situation.…
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👤Arthur Greene
🕔September 25, 2016
The Eurozone’s most influential region experienced a slowing in its growth pace in the month of September, this has raised the fears surrounding the region’s stability on the trail of the UK referendum to leave the EU. A major economic indicator in the German economy dropped to a 16 month low in September, as a swift fall in service activity outweighed sustained growth in manufacturing.…
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👤Isaac Ndegwa
🕔September 6, 2016
During the housing bust of 2008, about 30 percent of USA’s construction workers had to move on to different fields of work. In 2016, the National Association of Homebuilders have raised a red flag that there is a construction recovery but now the homebuilders are finding it difficult to get workers who have the right levels of experience.…
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German Ifo Business Climate Fell to 6-Month Low
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👤Xinyang
🕔August 25, 2016
News Event
From Trading Economics: The Ifo Business Climate Index for Germany fell sharply to 106.2 in August 2016 from 108.3 in the previous month, way below market expectations of 108.5. It was the lowest reading since February this year, as the mood among manufacturers, wholesalers and retailers deteriorated while constructors’ sentiment remained unchanged.…
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👤Xinyang
🕔August 23, 2016
News Event
Trading Economics: The Markit/Nikkei Flash Japan Manufacturing PMI came in at 49.6 in August of 2016, compared to the final figure of 49.3 in July. It was the 6th month of contraction in factory activity although the smallest drop since March and slightly above consensus.…
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👤Isaac Ndegwa
🕔August 21, 2016
Home builders managed to break ground for more residential structures than expected over the month of July, according to the US commerce department. That is one extra sign that there is confidence in the economy because it points to the fact that demand for new housing is continuing to expand.…
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👤Nurudeen Amedu
🕔August 13, 2016
- China enters liquidity trap
- Major slump in Chinese TSF
Data released has shown that Chinese banks raised their new yuan loans by 463.6 billion yuan ($69.78 billion) in July, the banks did not just slump significantly from the previous month but they also missed analysts forecast, with a slowdown in bank lending widely forecasted.…
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👤Nurudeen Amedu
🕔August 12, 2016
- German Economy in the clear?
Germany, the largest economy in the Eurozone showed very little signs of economic slowing stemming from the Brexit in its most recent gross domestic product data, as data from the country’s statistics office showed Germany’s economic growth rate for the second quarter of 2016 outpacing analysts estimations.…
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