News
- Wednesday, 28 February 2018
- News
China's official Manufacturing PMI hit a 19-month low
China reported that its official manufacturing Purchasing Managers' Index hit a 19-month low in February with the Lunar New Year holidays contributing to slowing business activities. The country's official manufacturing PMI came in at 50.3 in February, lower than a…- Tuesday, 27 February 2018
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CB Consumer Confidence rose to 130.8
The Conference Board Consumer Confidence Index® increased in February, following a modest increase in January. The Index now stands at 130.8 (1985=100), up from 124.3 in January. The Present Situation Index increased from 154.7 to 162.4, while the Expectations Index…- Tuesday, 27 February 2018
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Durable Goods Orders fell more than forecasted
Orders for business equipment at U.S. factories unexpectedly fell for a second month, a sign that demand is cooling from its hot pace in recent quarters, a Commerce Department report showed Tuesday. Non-military capital goods orders excluding aircraft declined 0.2%…- Tuesday, 27 February 2018
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German CPI expected to increase by 0.5%
The inflation rate in Germany as measured by the consumer price index is expected to be 1.4% in February 2018. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected…- Tuesday, 27 February 2018
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M3 Money Supply unchanged in January
The annual growth rate of the broad monetary aggregate M3 stood at 4.6% in January 2018, unchanged from the previous month, averaging 4.7% in the three months up to January. The components of M3 showed the following developments. The annual…- Monday, 26 February 2018
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New Home Sales fell to 593,000
Sales of new single-family houses in January 2018 were at a seasonally adjusted annual rate of 593,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.8 percent…- Monday, 26 February 2018
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ECB's Draghi Says Patience Needed on Monetary Policy
European Central Bank President Mario Draghi said Monday that the euro area economy is expanding robustly, but inflation is yet to show sustained signs of moving higher so patience with regard to monetary policy is still needed. In a statement…- Monday, 26 February 2018
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UK card spending rose by 5.8% in January
Card spending was 5.8 per cent higher than in January 2017, although higher repayment levels meant that the pace of borrowing saw little change, growing at 4.8 per cent annually. Gross mortgage lending in January is estimated to have been…- Monday, 26 February 2018
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Gold rebounds from biggest weekly loss this year as dollar slips
Gold rose on Monday as a softer dollar helped the metal rebound from its biggest weekly loss this year, but moves were muted before the debut congressional testimony by Federal Reserve Chair Jerome Powell later this week. Spot gold was…- Sunday, 25 February 2018
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USD - Major events in the week ahead
Events that marked the week: On Wednesday Exisiting Home Sales figures were released. Total existing-home sales , which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, sank 3.2 percent in January to a seasonally adjusted annual rate…- Popular
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UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most…
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Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures…
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German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports…
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China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…