Brazil’s current account balance registered a surplus for the fourth month straight in July, logging a USD 1.6 billion surplus....
Latest Global Economic News
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Brazil: Current account records surplus for fourth month straight in July -
Korea: Consumer confidence improves in August but remains pessimistic The Bank of Korea’s composite consumer sentiment index increased to 88.2 in August from July’s 84.2. August’s result marked the... -
Ireland: Consumer confidence deteriorates in August The KBC Bank Ireland/ESRI consumer confidence index came in at 58.9 in August, down from July’s 62.6 and marking the... -
Czech Republic: Economic sentiment inches up in August but consumer confidence deteriorates The economic sentiment indicator, published by the Czech Statistical Office (CSO), edged up to 87.0 in August (July: 86.7). The... -
Hungary: Economic sentiment drops as consumers grow more pessimistic in August The GKI economic sentiment index, a composite indicator, slid to minus 19.0 in August from minus 18.2 in July. August’s... -
Angola: Kwanza continued to depreciate in August due to Covid-19 and low oil prices On 21 August, the Angolan kwanza traded at AOA 589.0 per USD. This marked a 5.4% month-on-month depreciation, while the... -
Nigeria: Economy contracts heavily in Q2 on double pandemic and oil price blow The economy was dealt a severe blow by the oil price slump and Covid-19-induced restrictions in the second quarter. Economic... -
Israel: Bank of Israel keeps rates unchanged in August At its 24 August meeting, the Bank of Israel (BoI) left the policy rate at 0.10%, as expected. The decision... -
Singapore: Consumer prices record smallest fall in four months in July Consumer prices fell 0.32% from the previous month in July, contrasting the 0.02% increase seen in June. July’s result marked... -
Thailand: Merchandise exports contract at softer rate in July Merchandise exports fell 11.4% over the same month last year in July, softening from June’s 23.2% dive. The improvement was...