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Economy And The Numbers

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GermanEcoConfidence-091917.jpg Germany's economic confidence strengthened for the first time in four months in September as solid economic growth and increased investment lifted financial market experts' optimism. The ZEW Indicator of Economic Sentiment rose by a more-than-expected seven points to 17.0 in September, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday

Bulgaria's current surplus increased notably in July from a year ago, figures from the Bulgarian National Bank showed Tuesday. The current account surplus rose to EUR 1.14 billion in July from EUR 690.3 million in the corresponding month last year. The goods trade balance turned to a surplus of...

Eurozone construction output increased for the second straight month in July, and at a stable pace, data from Eurostat showed Tuesday. Construction output climbed 0.2 percent month-over-month in July, the same rate of rise as in June, which was revised from a 0.5 percent decrease reported earlier. The...

Italy's current account surplus remained virtually unchanged in July compared to a year ago, data from the Bank of Italy showed Tuesday. The current account surplus came in at EUR 8.63 billion in July, down fractionally from EUR 8.64 billion in the corresponding month last year. The surplus on...

The French government downgraded the budget deficit projections for this year and next, the Finance Ministry said Tuesday. The government currently forecast a deficit of 2.9 percent of gross domestic product for 2017 and 2.6 percent for 2018. The estimate for this year was trimmed from 3 percent...

Germany's economic confidence strengthened notably in September, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment rose by 7 points to 17.0 in September. The score was forecast to rise to 13. The current conditions...

The euro area current account surplus increased in July on higher primary income, the European Central Bank reported Tuesday. The current account surplus increased to a seasonally adjusted EUR 25.1 billion in July from EUR 22.8 billion in June. The primary income more than doubled to EUR 10.9...

The supply capacity of the UK economy is likely to expand at only modest rates in coming years, Bank of England Governor Mark Carney said Monday. Brexit-related uncertainties have forced some companies to delay their investment decision, he said in a speech at the International Monetary Fund. If...

New Zealand's consumer confidence weakened slightly in the three months ended September, survey data from Westpac showed Tuesday. The Westpac McDermott Miller Consumer Confidence Index dropped to 112.4 in the third quarter from 113.4 in the June quarter. The slight fall in confidence in the September...

EEP12-011515_19Sep17.jpg Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news.

Australia's consumer confidence strengthened during the week ended September, after weakening in the previous week, a weekly survey compiled by the ANZ bank and Roy Morgan Research showed Tuesday. The consumer confidence index climbed to 114.8 from 109.8 in the preceding week. Consumers' views...

trade.jpg House prices in Australia climbed 1.9 percent on quarter in the second three months of 2017, the Australian Bureau of Statistics said on Tuesday. That beat forecasts for an increase of 1.3 percent but was down from 2.2 percent in the previous three months. The capital city residential property...

Ibovespa, the benchmark stock index in Brazil, rose 0.3% Monday, settling at 75,990.40 points and setting a fresh closing record. Stock options expired at Ibovespa, which raised the financial turnaround to almost R$ 14 billion, tracking the market players optimism with the resumption of the Brazilian...

House prices in Australia were up 1.9 percent on quarter in the second three months of 2017, the Australian Bureau of Statistics said on Tuesday. That beat forecasts for an increase of 1.3 percent but was down from 2.2 percent in the previous three months. On a yearly basis, house prices jumped...

Colcap, the main index of the Colombian Stock Exchange, rose 0.26% Monday, closing at 1,496.87 points, boosted by Bancolombia. Marcela Ramírez, an analyst at Acciones & Valores, said that the bank's shares closed higher on a market correction following the rebalancing of the Hcolsel and FTSE indexes,...

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