News
- Tuesday, 06 February 2018
- News
RBA left interest rates unchanged
According to the the latest RBA statement the Board decided to leave the cash rate unchanged at 1.50 per cent. There was a broad-based pick-up in the global economy in 2017. A number of advanced economies are growing at an…- Tuesday, 06 February 2018
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Australian Retail Sales fell sharply in December
Australia’s December retail sales report has come in well under expectations, partially reversing a strong lift in November. According to the Australian Bureau of Statistics (ABS), sales fell by 0.5% to $ 26.261 billion in seasonally adjusted terms, missing forecasts…- Monday, 05 February 2018
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ISM Non-Manufacturing PMI beat market expectations
The NMI® registered 59.9 percent, which is 3.9 percentage points higher than the seasonally adjusted December reading of 56 percent. This represents continued growth in the non-manufacturing sector at a faster rate. The Non-Manufacturing Business Activity Index increased to 59.8…- Monday, 05 February 2018
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UK services sector growth falls to 16-month low
The UK services sector grew at its slowest pace in January since the aftermath of the EU referendum as the economy got off to a sluggish start in 2018. The latest health check of a sector that includes hotels, restaurants,…- Monday, 05 February 2018
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Spanish Services PMI rose to 56.9
Growth in the Spanish service sector picked up pace at the start of 2018, with sharper increases in activity and new business recorded. The rate of job creation remained elevated, while business confidence reached a seven-month high. On the price…- Monday, 05 February 2018
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Australian job ads just recorded the largest surge in years
The number of job advertisements in Australia spiked sharply in January, suggesting that the strength in hiring seen in 2017 will continue in the months ahead. According to ANZ Bank, total advertisements surged by 6.2% to 177,961 last month in…- Saturday, 03 February 2018
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USD - Major events in the week ahead
Events that marked the week: On Wednesday ADP job figures were released. Private sector employment increased by 234,000 jobs from December to January according to the January ADP National Employment Report. “We’ve kicked off the year with another month of…- Friday, 02 February 2018
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NFP report boosts dollar
Total nonfarm payroll employment increased by 200,000 in January, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in construction, food services and drinking places, health care, and manufacturing.- Friday, 02 February 2018
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UK Construction PMI down to 52.2
UK construction companies reported a subdued start to 2018, with total industry activity barely rising. A return to contraction in residential building activity was accompanied by near-stagnant commercial and civil engineering activity. New orders declined, linked by many companies to…- Friday, 02 February 2018
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Number of unemployed in Spain increased by 63,747
The number of unemployed registered in the offices of the Public Employment Services has risen in January by 63,747 people in relation to the previous month. In the last eight years the increase registered on average was 108,866 people. In…- 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…