Exports fell 8.6% in year-on-year terms in June, following May’s sharper 16.3% dive. The print was again the result of...
Latest Global Economic News
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Argentina: Exports continue to fall amid coronavirus crisis in June -
Brazil: Current account logs another surplus in June Brazil’s current account balance registered a surplus for the fourth month straight in June, logging a USD 2.2 billion surplus.... -
Belgium: Consumer sentiment weakens in July; businesses significantly less pessimistic The consumer confidence indicator produced by the National Bank of Belgium (NBB) dipped from minus 19 in June to minus... -
Hungary: Economic sentiment strengthens again in July The GKI economic sentiment index, a composite indicator, rose to minus 18.2 in July from minus 20.5 in June. July’s... -
Turkey: Business confidence turns optimistic in July Business confidence rose to 100.7 in July from June’s 92.6. July’s reading is the highest in five months, and marks... -
Mexico: Drop in exports and imports moderates in June Exports decreased 12.8% year-on-year in June, substantially less than May’s 56.7% collapse. This slowdown in the fall of exports was... -
Germany: Business confidence rises to five-month high in July Business confidence rose to 90.5 in July from June’s 86.3. July’s result marked the highest sentiment since February, a month... -
Ghana: Central Bank stands pat in July, leaving rates at over eight-year low At its 22–24 July meeting, the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) decided to stand pat... -
Brazil: Consumer confidence improves, but remains in negative territory in July The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation (FGV) rose to 78.8 in July from June’s 71.1... -
Euro Area: EUR 750 billion spending plan to boost economies of southern Europe, but challenges remain On 21 July, after five days of tough negotiations, EU leaders finally agreed on a EUR 750 billion coronavirus recovery...