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Eurozone Economy
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Europen Dramatic Monetary Policies Likely to Create Hot Money Inflow Into China
Mar 3, 2015Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...
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The Eurozone Economy Stagnated in The Second Quarter
Aug 25, 2014According to the Wall Street journal, after 12 consecutive months of weak growth in the euro zone economy, it stagnated in the second quarter, highlights in the Eurozone has concerns about high unemployment and low inflation dilemma. ...
Tags: Eurozone Economy, Economy
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NYMEX May Crude Futures Settled 14 Cents Higher at $99.60/Barrel Monday
Mar 26, 2014NYMEX May crude futures settled 14 cents higher at $99.60/barrel Monday with investors focusing on the suspension of vessel boardings in the Houston Ship Channel and its possible impact on oil movements in the US Gulf Coast region. May ...
Tags: Houston Ship Channel, Oil
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Hong Kong's CSD Released The External Merchandise Trade Statistics Monday
Feb 7, 2014HONG KONG, Jan. 27 (Xinhua) -- Hong Kong's Census and Statistics Department (CSD) released the external merchandise trade statistics Monday, according to which the value of total exports of goods rose by 3.6 percent in 2013 over 2012, and ...
Tags: CSD, U.S.Federal Reserve, exports
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Growth of Output Was Nonetheless Recorded Throughout The Second Half of 2013
Jan 9, 2014The upturn in the eurozone private sector economy gained momentum in December. Although the recovery remained modest and fragile overall, growth of output was nonetheless recorded throughout the second half of 2013. At a three-month high ...
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Air Freight Markets Stabilised in September, After an Extended Period of Slow Increase
Nov 1, 2013Air freight markets stabilised in September, after an extended period of slow increase. Global freight tonne kilometres were up 0.5% in September year-on-year, a slowdown on the 3.4% growth in August, and there was no increase in volumes ...
Tags: Global Market Transport, Service, Transport
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The Markit Eurozone PMI Composite Output Index Fell From September's 27-Month High
Oct 30, 2013The Markit Eurozone PMI Composite Output Index fell from September’s 27-month high according to the October flash estimate, but remained above the 50.0 no-change level for a fourth successive month. At 51.5, down from 52.2 in ...
Tags: PMI
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IATA Has Reported a Continued Modest Improvement in Air Cargo Markets in August
Oct 8, 2013The International Air Transport Association (IATA) has reported a continued modest improvement in air cargo markets in August. August air freight demand was up 3.6% on the previous year, which is considerably better than year-to-date ...
Tags: Service, air freight, Transport
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After Six Consecutive Quarters of Decline, GDP in Eurozone Increased by 0.3% in Q2 2013
Oct 7, 2013After six consecutive quarters of decline, GDP in the Eurozone increased by 0.3% in Q2 2013. Economic activity is projected to expand further over the forecast horizon (+0.1% in Q3, +0.3% in Q4 2013 and +0.4% in Q1 2014) mainly on the back ...
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Australian Dollar Was Higher After Taking Roller-Coaster Ride in Previous 24 Hours
Jun 8, 2013THE Australian dollar was slightly higher yesterday after taking a roller-coaster ride in the previous 24 hours. On Thursday afternoon the currency dropped to an almost three-year low of US94.35c, but in offshore trade on Thursday night ...
Tags: Service
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Australian Dollar Has Jumped Sharply Higher in a Morning of Volatile Trading
Jun 8, 2013THE Australian dollar has jumped sharply higher in a morning of volatile trading. The currency hit a two-and-a-half year low of 94.35 US cents shortly after midnight AEST before staging an impressive recovery. It climbed almost ...
Tags: Service
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Economic Recovery in Europe Pushed The Australian Dollar to Three-Week Lows
Jan 28, 2013Growing evidence of an emerging economic recovery in Europe pushed the Australian dollar to three-week lows today. Some market watchers say this might signal an important shift in direction for the currency. Traders say heavy-selling of ...
Tags: Dollar, Australian dollar
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ELFA Shows Overall New Business Volume up 21 Percent
Dec 13, 2012The Equipment Leasing and Finance Association's(ELFA)Monthly Leasing and Finance Index(MLFI-25),which reports economic activity for the $628 billion equipment finance sector,showed overall new business volume for August was $6.9 billion,up ...