wrapper

Eurozone Trade Balance showed €23.3 billion surplus

The first estimate for the euro area trade in goods balance with the rest of the world in December 2014 gave a €23.3 billion surplus, compared with +€13.6 bn in December 2013. Analyst were anticipating smaller surplus of €21.3 billion. The November 2014 balance was +€21. bn, compared with +€16.5 bn in November 2013. 

US Trade Balance deficit rose in December

Latest data showed that the goods and services deficit was $46.6 billion in December, up $6.8 billion from $39.8 billion in November, revised. Decrease to $38.0 billion was predicted. December exports were $194.9 billion, down $1.5 billion from November. December imports were $241.4 billion, up $5.3 billion from November. The December increase in the goods and services deficit reflected an increase in the goods deficit of $6.9 billion to $66.0 billion and an increase in the services surplus of $0.1 billion to $19.5 billion. 

Building Approvals fell by 3.3%

The seasonally adjusted estimate for total dwellings approved fell 3.3% in December after rising for two months. Analysts were predicting decline by 4.8%.The seasonally adjusted estimate of the value of total building approved fell 14.7% in December after rising for two months. The value of residential building fell 10.9% after rising for two months. The value of non-residential building fell 22.7% following a rise of 29.1% in the previous month. 

UK Industrial Production decreased by 0.1%

UK Industrial Production decreased by 0.1% between October 2014 and November 2014, missing forecasts on 0.2%. This reflects an increase of 0.7% in manufacturing, above expected increase on 0.4% incline. Partially offsetting this increase were decreases of 3.7% in mining & quarrying, 1.3% in the electricity, gas, steam & air conditioning sector and 0.4% in the water supply, sewerage & waste management sector. 

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.

Copyright © 2024 Forex web news - Daily news, forecasts, analysis and charts for active Forex traders. All Rights Reserved. Designed by Ampelos