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👤Nurudeen Amedu
🕔October 1, 2016
There was a 0.5% rise in the Canadian GDP for the month of July on the trail of the previous 0.6% growth in June and May’s 0.6% decrease, this brings the year on year increase to 1.3%. The most recent GDP release will help alleviate concerns about the GDP outlook, but subsequent growth is necessary to fully reverse the market sentiment.…
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👤Nurudeen Amedu
🕔September 29, 2016
The US economy in its latest GDP in the Commerce Department’s third estimate of gross domestic product (GDP) posted a 1.4% growth in its second quarter. Analysts according to Bloomberg had earlier projected an increase of 1.3% in the value of all goods and services in the US for the last quarter.…
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Sign of Weakness in the Australian Economy
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👤Xinyang
🕔September 7, 2016
News Event
From Trading Economics: The Australian economy expanded 0.5 percent in the June quarter of 2016, slowing from a downwardly revised 1.0 percent growth in the previous quarter and slightly below market consensus of a 0.6 percent growth. It was the weakest expansion since the second quarter 2015, weighing down by net trade while investment was flat and final consumption remained steady.…
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Australian GDP Growth to Weaken in the Second Quarter
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👤Lisa Harris
🕔September 4, 2016
A large number of market analysts currently share an opinion that a slowing was shown by Australia’s economic growth in the second quarter of 2016. These market analysts including central bank economists, believe that Australian Q2 GDP growth will be a fraction of the rate seen in the first quarter.…
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👤Arthur Greene
🕔August 27, 2016
Economic growth in the U.S. was shown to be a bit slower than was pre-conceived by analysts in the second quarter as businesses aggressively ran down stocks of unsold goods, offsetting a rise in consumer spending. Gross domestic product expanded at a 1.1% rate annualized, the Commerce Department stated on Friday in its second estimate of GDP.…
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German GDP Growth at 0.4% in Q2
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👤Xinyang
🕔August 24, 2016
News Event
Trading Economics: The German economy grew a seasonally-adjusted 0.4 percent in the June quarter of 2016, slowing from a 0.7 percent expansion in the preceding quarter and matching preliminary estimates. While foreign trade had an upward effect on growth, private consumption and government spending slowed and investment shrank.…
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👤Isaac Ndegwa
🕔August 15, 2016
European stocks opened on the bullish side today but drifted lower reflecting all the mixed sentiments from the Asian session. Asia saw most stocks tumble and it was also not rosy from Japan as weak GDP numbers had been released moments before the London session kicked into life.…
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👤Xinyang
🕔August 15, 2016
Japan’s GDP unexpectedly showed no growth in the June quarter of 2016, following a 0.5 percent expansion in the first quarter and market expectations of a 0.2 percent growth, preliminary estimates showed. Private consumption and government spending slowed sharply while capital expenditure and exports declined.…
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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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UK GDP Comes in Weaker
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👤Nurudeen Amedu
🕔August 9, 2016
- Recession inevitable for the British economy
- NIESR estimations remain in the red
The UK’s economic growth came in 50% lesser for the last three months when compared to the preceding 3 months, according to an analysis conducted by one of the UK’s most respectable think tank; the National Institute of Economic and Social Research (NIESR).…
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