News
- Wednesday, 21 February 2018
- News
Wage Price Index rose by 0.6%
The seasonally adjusted Wage Price Index (WPI) rose 0.6 per cent in December quarter 2017 according to figures released today by the Australian Bureau of Statistics (ABS). The WPI rose 2.1 per cent through the year seasonally adjusted to December…- Tuesday, 20 February 2018
- News
CBI Industrial Orders Expectations showed balance of +10%
According to the latest CBI survey 30% of manufacturers reported total order books to be above normal, and 20% said they were below normal, giving a balance of +10% - above the negative long-run average of -14%. 22% of firms…- Tuesday, 20 February 2018
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ZEW Economic Sentiment for Germany decreased to 17.8
The ZEW Indicator of Economic Sentiment for Germany recorded a decrease of 2.6 points in February 2018 and currently stands at 17.8 points. The indicator thus still remains slightly below the long-term average of 23.7 points. The assessment of the…- Tuesday, 20 February 2018
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German PPI increased by 0.5%
In January 2018 the index of producer prices for industrial products rose by 2.1 compared with the corresponding month of the preceding year. In December 2017 the annual rate of change all over had been 2.3%, as reported by the…- Tuesday, 20 February 2018
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RBA does not indicate change in monetary policy
Early morning session brought RBA Meeting Minutes. Over 2017, progress had been made in reducing the unemployment rate and bringing inflation closer to target. The low level of interest rates was continuing to play a role in achieving this outcome.…- Monday, 19 February 2018
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Average UK property price rise to over £300,000
The average price of a UK property coming on to the market has risen by more than £2,400 in a month to just over £300,000 amid evidence of “record” levels of house-hunting activity, according to Rightmove. The website, which tracks…- Monday, 19 February 2018
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Eurozone Current Account recorded surplus of €29.9 billion
The current account of the euro area recorded a surplus of €29.9 billion in December 2017. This reflected surpluses for goods (€30.9 billion), services (€7.3 billion) and primary income (€3.7 billion), which were partly offset by a deficit for secondary…- Monday, 19 February 2018
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Home prices across Australia continue to fall
While Australian auction clearance rates appear to be rebounding, led by a noticeable improvement in Sydney, that’s yet to have a meaningful impact on prices which continued to fall last week. According to CoreLogic, the prices across Australia’s five mainland…- Monday, 19 February 2018
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Spanish Finance Minister Backed for Leading ECB Job
Finance ministers from the 19-country eurozone on Monday endorsed Spain's Luis de Guindos for the coveted post of European Central Bank vice president, after Ireland withdrew the only other candidate. European Union leaders are expected to anoint de Guindos at…- Friday, 16 February 2018
- News
USD - Major events in the week ahead
Events that marked the week: Wednesday brought CPI and Retail Sales figures. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over…- 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…