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Economic Reports GDP

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  • TOKYO, July 30- Japan's factory output rose modestly in June after posting a big drop in the prior month, highlighting worries of a possible contraction in the second quarter as exports slump and manufacturers are saddled with large inventories. Reflecting expectations of a gradual pick-up in factory activity ahead, manufacturers surveyed by the ministry...

  • TOKYO, July 30- The dollar held steady in cautious trade on Thursday, ahead of U.S. gross domestic product data that could reinforce or dent expectations that the Federal Reserve is on track to raise interest rates as early as September. The GDP report "may boost the appeal of the greenback and spark a further decline in EUR/USD as signs of a stronger recovery fuels...

  • GDP shows UK is back on track: Pro Tuesday, 28 Jul 2015 | 4:40 AM ET
    GDP shows UK is back on track: Pro

    U.K.'s second quarter GDP came in at 0.7% quarter-on-quarter, meeting expectations. Elizabeth Martins, chief UK economist at HSBC, reacts.

  • MOSCOW, July 28- Russia's gross domestic product shrank by 4.2 percent in June from a year earlier but the contraction was shallower than May's revised 4.8 percent fall, adding to signs the economy may have started to stabilise. Russia's growth prospects deteriorated sharply midway through last year, when an existing slowdown was compounded by Western...

  • MOSCOW, July 28- Russia's gross domestic product contracted by 4.2 percent in June compared with the same period a year earlier, and by 0.1 percent compared to the previous month in seasonally-adjusted terms, the Economy Ministry said on Monday. GDP fell by 4.8 percent year-on-year in May, the Economy Ministry said, citing revised figures. Russia's growth...

  • *June factory output -8.0 pct y/y, biggest fall since March 2014. BANGKOK, July 28- Thailand's finance ministry on Tuesday cut its economic growth forecast for the third time this year due mainly to shrinking exports, a big obstacle to the trade-dependent country regaining traction. Since then, growth targets for Southeast Asia's second-largest economy have...

  • China won't lead us out of this global slowdown: Pro Monday, 27 Jul 2015 | 1:08 PM ET
    China won't lead us out of this global slowdown: Pro

    Discussing China's economy and the impact it has on global markets with Peter Navarro, Professor of economics & public policy at University of California, Irvine, and David Riedel, Riedel Research Group, president & founder.

  • How should you China-proof your portfolio? Monday, 27 Jul 2015 | 12:44 PM ET
    How should you China-proof your portfolio?

    Sarat Sethi, Douglas C. Lane & Associates, and the "Fast Money Halftime Report" panel discuss how to play China.

  • US GDP to see a good bounce-back in Q2: Pro Sunday, 26 Jul 2015 | 6:10 PM ET
    US GDP to see a good bounce-back in Q2: Pro

    Paul Christopher, head of international strategy at Wells Fargo Investment Institute, expects the U.S. economy to expand 2.5 percent on-year in the April-June period.

  • Tilt your portfolio towards cyclicals: Pro Friday, 24 Jul 2015 | 10:09 AM ET
    Tilt your portfolio towards cyclicals: Pro

    Discussing the latest market action and the job market with Darrell Cronk, Wells Fargo Investment Institute chief investment officer; and Joseph Lavorgna, Deutsche Bank chief U.S. economist.

  • SEOUL, July 23- South Korea's economy recorded its weakest expansion in six years in the second quarter, battered by a deadly virus outbreak, dry weather and poor exports, adding pressure on lawmakers to swiftly pass a pending supplementary budget. The economy grew just 0.3 percent in April-June over the previous quarter, the Bank of Korea estimated on Thursday,...

  • SEOUL, July 23- South Korea's economy grew just 0.3 percent in April-June over the previous quarter, the central bank estimated on Thursday, the slowest in two quarters with consumption battered by an outbreak of Middle East Respiratory Syndrome. The Bank of Korea estimates showed private consumption fell by a seasonally adjusted 0.3 percent in the second...

  • *Q2 GDP +0.3 pct s/adj q/q. SEOUL, July 23- South Korea's economic growth more than halved in the second quarter from the first to record the weakest expansion in six years, battered by a deadly virus outbreak, dry weather and poor exports. "There is a chance things will turn around in the third quarter but it will be tough for the economy to grow by over 1 percent as the...

  • South Korea's Q2 economic growth more than halves from Q1 Wednesday, 22 Jul 2015 | 7:31 PM ET
    Shoppers walk in the Myungdong shopping district in Seoul, South Korea.

    South Korea's economy grew just 0.3 percent on-quarter in the second quarter, as consumption was battered by an outbreak of MERS.

  • SEOUL, July 23- South Korea's economy grew just 0.3 percent in April-June over the previous quarter, the central bank estimated on Thursday, the slowest in two quarters with consumption battered by an outbreak of Middle East Respiratory Syndrome. The Bank of Korea estimates showed private consumption fell by a seasonally adjusted 0.3 percent in the second...

  • TABLE-South Korea Q2 GDP grows 0.3 pct s/adj vs Q1 Wednesday, 22 Jul 2015 | 7:00 PM ET

    SEOUL, July 23- Following are details of the advance estimates of South Korea's gross domestic product for the April-June period of 2015 by the Bank of Korea: OVER PREVIOUS QUARTER, SEASONALLY ADJUSTED. Q2 2015* Q1 2015 Gross domestic product 0.3 0.8 Agriculture, forestry, fishing -11.1 3.4 Manufacturing 0.8 0.4 Construction 0.4 2.0 Service sector 0.1 0.9...

  • BRASILIA, July 22- The Brazilian government will slash its 2015 primary surplus target to 0.15 percent of gross domestic product from its original 1.1 percent goal, three government official familiar with the decision told Reuters. The drastic reduction of the target was due to a sharper-than-expected drop in tax revenues as the economy sinks into an...

  • A China lens on Apple earnings Wednesday, 22 Jul 2015 | 11:36 AM ET
    A China lens on Apple earnings

    Hans Tung, GGV Capital managing partner and early Xiaomi investor, discusses the role China plays in Apple and their earnings going forward.

  • China slowdown could drag down Asian peers: Pro Monday, 20 Jul 2015 | 9:16 PM ET
    China slowdown could drag down Asian peers: Pro

    Taimur Baig, chief economist for Asia at Deutsche Bank, scaled back his growth forecasts for the likes of Singapore and Hong Kong due to the slowdown in China.

  • NEW YORK, July 17- A 10 percent increase in the dollar in a quarter would reduce U.S. economic growth by half a percentage point over a year and by another 0.2 point the following year, according to a New York Federal Reserve blog post on Friday. The greenback has gained 12 percent against other major currencies since mid-2014 on improving jobs conditions and in...