New Zealand Posts SA NZ$482 Million Current Account Surplus In Q2

New Zealand posted a seasonally adjusted current account surplus of NZ$482 million in the second quarter of 2020, Statistics New Zealand said on Wednesday.Original Article Read More →

China’s Industrial Output Growth Tops Expectations

China's industrial production grew more than expected in August as fiscal stimulus and exports boosted economic activity and retail sales recovered on domestic demand, official data revealed Tuesday. Industrial production growth improved to 5.6 percent from 4.8 percent in July, Read More →

European Economics Preview: Germany Foreign Trade Data Due

Foreign trade data from Germany and revised GDP data from euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's foreign trade data for July. Read More →

Japan GDP Shrinks More Than Estimated In Q2

Japan's economy contracted more than initially estimated in the second quarter, largely due to a sharp downward revision in capital investment, second estimates from the Cabinet Office showed Tuesday. Due to the restrictions imposed to contain the coronavirus spread, gross Read More →

Eurozone GDP Falls Less Than Estimated In Q2

The euro area economy contracted less than initially estimated in the second quarter but the pace of decline was the most since the records began in 1995 due to the coronavirus containment measures adopted by the member countries, revised data Read More →

Dollar Hits 4-week High, Scores Solid Gains Against Peers

The U.S. dollar hit a four-week high on Tuesday as Sterling tumbled amid fears about a no-deal Brexit, and equity markets tumbled amid rising worries about a surge in coronavirus cases.Original Article Read More →