Economic Output

Canada GDP likely to rise 3% in May on gradual reopening

Canada GDP likely to rise 3% in May on gradual reopening

Published 30/06/2020

OTTAWA (Reuters) - Canada’s real GDP is likely to grow 3% in May, bouncing back from a record decline in April, Statistics Canada said in [more…]

Saudi central bank governor calls for more lending from commercial banks

Saudi central bank governor calls for more lending from commercial banks

Published 30/06/2020

DUBAI (Reuters) - Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi [more…]

India’s Modi extends free foodgrain program for poor battling coronavirus

India’s Modi extends free foodgrain program for poor battling coronavirus

Published 30/06/2020

MUMBAI (Reuters) - The Indian government will extend a free foodgrain distribution scheme for 800 million people amid the ongoing pandemic until the end of [more…]

Euro zone data confirm tepid recovery, ECB’s Knot says

Euro zone data confirm tepid recovery, ECB’s Knot says

Published 25/06/2020

FRANKFURT (Reuters) - A string of positive economic indicators in the euro zone confirm that a recovery is on its way but the bloc may [more…]

Poland’s prime minister sees fast economic recovery

Poland’s prime minister sees fast economic recovery

Published 22/06/2020

WARSAW (Reuters) - Poland’s Prime Minister Mateusz Morawiecki said on Monday he expects the country’s economy to recover quickly from the damage caused by the [more…]

May flowers: Where the U.S. retail blooms are and are not

May flowers: Where the U.S. retail blooms are and are not

Published 17/06/2020

(Reuters) - No denying May’s $73 billion rebound in U.S. retail sales was an eye-popper and is the latest fodder to fuel the red-hot “V” [more…]

Aussie dollar falls amid feud with China, traders cash in gains

Aussie dollar falls amid feud with China, traders cash in gains

Published 09/06/2020

LONDON (Reuters) - The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between [more…]

Signs Swedish economy picking up from very low level says Finance Minister

Signs Swedish economy picking up from very low level says Finance Minister

Published 09/06/2020

STOCKHOLM (Reuters) - Sweden’s economy looks like it has started to pick up after the impact of the novel coronavirus and measures to halt its [more…]

S&P revises Japan’s outlook to stable

S&P revises Japan’s outlook to stable

Published 09/06/2020

(Reuters) - S&P Global Ratings said it has revised Japan’s outlook to stable on increased uncertainty around debt stabilization. The ratings agency said bit.ly/3hcamcM stable [more…]

Household spending plunge pulls down euro zone GDP in first quarter

Household spending plunge pulls down euro zone GDP in first quarter

Published 09/06/2020

BRUSSELS (Reuters) - A plunge in household spending and investment pulled down euro zone gross domestic product in the first quarter as the COVID-19 pandemic [more…]