EconomyWeb | Global Economic Outlook

Economic News

By in Economy on August 20, 2020
ECONOMY • Today
BoE sees tight labour market as trigger for higher rates
August 5, 2021
Employment outlook has changed quickly with many companies struggling to recruit workers
BoE signals ‘modest tightening’ of monetary policy in next 2 years
August 5, 2021
Interest rates likely to rise sooner than anticipated as inflation climbs towards 4%
FirstFT: US considers requiring foreign visitors to be ‘fully vaccinated’
August 5, 2021
Biden to unveil electric vehicle target and Robinhood shares soar

Economic News
Australia Trade Data Due On Thursday
August 4, 2021
Australia will on Thursday release June figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In May, imports were up 3.0 percent and exports rose 6.0 percent for a trade surplus of A$9.681 billion.
U.S. Service Sector Index Jumps To All-Time High In July
August 4, 2021
Growth in U.S. service sector activity accelerated by much more than anticipated in the month of July, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI jumped to an all-time high of 64.1 in July after pulling back to 60.1 in June, with a reading above 50 indicating growth in the sector.
U.S. Private Sector Job Growth Falls Well Short Of Estimates In July
August 4, 2021
Payroll processor ADP released a report on Wednesday showing private sector employment increased by much less than expected in the month of July. ADP said private sector employment rose by 330,000 jobs in July after surging by a downwardly revised 680,000 jobs in June.
U.S. Private Sector Employment Rises Much Less Than Expected In July
August 4, 2021
Payroll processor ADP released a report on Wednesday showing private sector employment increased by much less than expected in the month of July.
South Africa Private Sector Contracts In July
August 4, 2021
South Africa's private sector contracted for the first time in ten months in July, survey data from IHS Markit showed on Wednesday.
Economic Highlights