From jobs data to the Fed announcement, what's most important for investors? Jack Ablin, BMO Private Bank EVP & CIO, and Matthew McCormick, Bahl & Gaynor principal, provide perspective.» Read More
Greg Gibbs, Senior Currency Strategist at RBS, says the Australian dollar fell on Wednesday because investors are focusing on tightening credit conditions in China rather than upbeat data.
John Zhu, Greater China Economist, HSBC and Hugh Young, Managing Director, Aberdeen Asset Management, discuss what China's data deluge on Wednesday means for growth.
*JX Holdings rises on report saying it will build hydrogen stations. TOKYO, July 16- Japan's Nikkei share average was flat on Wednesday morning as investors stayed cautious ahead of China economic data, with weakness in U.S. shares also curbing investors' risk appetites.
Stephen Green, Senior Economist at Standard Chartered, says recovery in China remains fragile and discusses the likelihood of further stimulus from Beijing.
Jian Chang, Chief China Economist, Barclays, outlines her forecast for second quarter GDP and explains why "mini stimulus" won't sustain future growth.
LAGOS, July 15- Nigeria forecasts its economy will grow by at least 6.2 percent this year following a solid first-quarter performance, the statistics office said on Tuesday. Nigeria overtook South Africa as Africa's largest economy in April, after a rebasing of its calculation almost doubled its gross domestic product to more than $500 billion.
U.S. public debt remains unsustainable and will reach 106 percent of economic output in 25 years, the Congressional Budget Office said.
WASHINGTON, July 15- U.S. public debt remains on an unsustainable path and will reach 106 percent of economic output in 25 years versus about 74 percent currently, the Congressional Budget Office said on Tuesday, marking a slight increase from projections made last September.
WASHINGTON, July 15- U.S. public debt will grow to 106 percent of economic output in 25 years from about 74 percent currently, the Congressional Budget Office said on Tuesday, marking a slight increase from projections made last September.
PUBLIC DEBT IN FISCAL 2039 AT 106 PCT OF GDP VS 102 PCT IN SEPT 2013 ESTIMATE, 74 PCT IN FISCAL 2014.
*BOJ keeps policy steady, as widely expected. TOKYO, July 15- The Bank of Japan's governor voiced confidence on Tuesday that inflation would hold above 1 percent even when a boost from energy costs fades, attempting to convince sceptics the economy was recovering and there was no threat of a return to deflation.
*Fed chief to testify to Congress on Tuesday, Wednesday. TOKYO, July 15- The dollar edged up against the yen on Tuesday after the Bank of Japan tweaked its growth forecast lower, although currency moves were small as investors waited for Federal Reserve Chair Janet Yellen's congressional testimony later in the session.
Boris Schlossberg, Managing Director of BK Asset Management, says the Aussie dollar may fall to 91 cents against the greenback if China's second quarter growth report disappoints.
Germany's financial strength is "among one of the best" in the world explains Moritz Kraemer, chief rating officer for sovereign ratings at Standard & Poor's after the ratings agency reaffirmed the country's AAA rating.
Vishnu Varathan, Senior Economist at Mizuho Bank, expects manufacturing to remain weak throughout 2014 but says a rebound in China's factory activity may provide a slight boost.
Glenn Maguire, Chief Economist, Asia Pacific at ANZ, says volatility in the pharmaceutical and electrical sectors may have weighed on Singapore's economy in the second quarter.
Toby Lawson, Managing Director of Newedge, expects Beijing's "mini stimulus" to have stabilized growth in the second quarter, but warns of risks from the property sector.
CNBC's Christine Tan breaks down this week's key risk events.
WASHINGTON, July 10- U.S. wholesale inventories rose in May, reinforcing the view that economic growth should surge in the second quarter following a weak first three months of the year. The Commerce Department said on Thursday wholesale inventories increased 0.5 percent from a month earlier.
NEW DELHI, July 9- India's economy is expected to grow by up to 5.9 percent in the current fiscal year, the new government of Prime Minister Narendra Modi said in a major economic report on Wednesday that called for fiscal consolidation to bring down inflation.