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This is a discussion on The News / Hottest Related within the Related Markets forums, part of the Non-Related Discussion category; Retail credit card spending in New Zealand jumped a seasonally adjusted 1.1 percent on month in June, Statistics New Zealand ...

      
   
  1. #551
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    New Zealand Retail Credit Card Spending Up 1.1%

    Retail credit card spending in New Zealand jumped a seasonally adjusted 1.1 percent on month in June, Statistics New Zealand said on Tuesday.

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    Slovakia May Trade Surplus Grows

    Slovakia's trade surplus for May increased from a year ago as exports grew in contrast to a decline in imports, data released by the Statistical Office of the Slovak Republic showed on Tuesday.

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    Greece Secures EUR 3 Bln Bailout Payment

    Eurozone finance ministers on Monday approved the payment of EUR 3 billion of aid package to Greece in two tranches, but on strict conditions to restructure the economy. The first tranche of EUR 2.5 billion will be paid this month and the remaining EUR 0.5 billion in October. Athens has to fulfill its agreed commitments in July itself.

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    IMF Lowers Global Growth Projections

    The International Monetary Fund on Tuesday slashed its growth forecast for a fifth consecutive time citing slowing growth in the emerging markets and lingering risks, mainly from the Eurozone crisis.

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    U.K. Industrial Output Remains Flat; Trade Gap Widens

    Stagnant industrial production as well as a widening trade deficit have raised concerns over the expected strength of the U.K. economic recovery. Industrial production remained flat in May from April, when it fell 0.1 percent, data from the Office for National Statistics showed Tuesday. Economists had forecast industrial output to grow 0.2 percent in May.

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  6. #556
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    IMF Cuts Global Growth Outlook On Weaker Emerging Markets, EZ Recession

    The International Monetary Fund on Tuesday lowered the global growth projections for the fifth consecutive time, citing weaker domestic demand in the emerging market economies and a more protracted recession in the euro area. In an update to its World Economic Outlook, the lender forecast the global economic growth at 3.1 percent this year, which was less than its April projection of 3.3 percent.

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    China Has $27.1 Billion Trade Surplus

    China posted a merchandise trade surplus of $27.1 billion in June, the government said on Wednesday.

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    Japan Corporate Goods Prices Add 0.1%

    An index measuring the prices of domestic corporate goods was up 0.1 percent on month in June, the Bank of Japan said on Wednesday, standing at 101.6.

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    Japan Consumer Confidence Drops In June

    Consumer confidence in Japan eased to a seasonally adjusted 44.3 in June from 45.7 in May, the Cabinet Office revealed in its a monthly survey on Wednesday.

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    U.S. Wholesale Inventories Unexpectedly Drop In May

    Wholesale inventories in the U.S. unexpectedly decreased in the month of May, according to a report released by the Commerce Department on Wednesday, although the report also showed a significant increase in wholesale sales for the month. The Commerce Department said wholesale inventories fell by 0.5 percent in May following a revised 0.1 percent decrease in April.

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