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Economy : Page 524

BoE likely to cut rates by at least 25 bps, says BofA Merrill Lynch
Bank of EnglandJuly 12, 2016 ET
The Bank of England (BoE) is likely to cut interest rates by at least 25 basis points on Thursday, according to Bank of America Merrill Lynch, which said the BoE has nothing to gain by waiting.
Confidence among Brazilian companies at two-year high
Brazilian companiesJuly 12, 2016 ET
Business sentiment among private sector companies in Brazil has improved substantially in June.
Russian business confidence improves in June
Russian business confidenceJuly 12, 2016 ET
The Markit Russia Business Outlook survey, which looks at the expectations for the year ahead across Markit’s Russian PMI surveys, points to a slight rise in business confidence in June.
UK retail sales slide in June thanks to clothing
UK food retailJuly 12, 2016 ET
UK retail sales growth slowed to just 0.2% in June, with like-for-like sales dropping 0.5% compared to the same month last year.
German business confidence slips amid economic uncertainties
German manufacturersJuly 12, 2016 ET
The latest Markit Business Outlook Survey shows that confidence at German private sector companies has fallen since the previous survey.
French business sentiment dips to lowest in Europe
French business sentimentJuly 12, 2016 ET
The latest Markit Business Outlook Survey indicates a drop in sentiment at French private sector firms since the start of the year.
Business sentiment in China drops to joint-lowest in survey history
Business sentiment ChinaJuly 12, 2016 ET
Chinese business confidence weakened in June, according to the latest Markit Business Outlook Survey.
Japan Eco Watchers' index falls unexpectedly to 43-month low
Japan shopJuly 11, 2016 ET
A measure of peoples' assessment of the Japanese economy dropped unexpectedly in June to the lowest level in more than three-and-a-half years, survey figures from the Cabinet Office showed.
Brexit vote uncertainty weighs on UK business confidence in June
UK factoryJuly 11, 2016 ET
Business expectations in the UK dropped to their lowest level in four years in June, as the uncertainty ahead of the referendum took its toll, with the weakest outlooks evident in the construction and services sectors.
Non-oil private sector expansion in Emirates cools in June
Emirates workersJuly 11, 2016 ET
In line with the recent trend, the UAE’s non-oil private sector expanded at a steady pace in June.
Permanent placements in UK fall for first time since September 2012
Permanent placements UKJuly 11, 2016 ET
The number of people placed in permanent positions fell in June, according to Markit/REC Report on Jobs.
Taiwan's service sector remained slow in May
Taiwan's service sectorJuly 11, 2016 ET
The local service sector remained weak in May, as an index that gauges the climate of the sector continued to point to a slowdown.
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