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Eurozone Retail Sales up by 1.5%

In November 2017 compared with October 2017, the seasonally adjusted volume of retail trade increased by 1.5% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October,…

UK house prices 1.3% higher in Q4

House prices in the three months to December were 1.3% higher than in the previous quarter; a gradual slowdown from 2.3% in both October and November. The annual rate of growth has also moderated to 2.7% from November’s 3.9%. Ending…

German Factory Orders decreased by 0.4%

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in November 2017 a seasonally and working-day adjusted 0.4% on the previous month. For October 2017, revision of the preliminary outcome resulted…

Australian construction index eases to 52.8

The seasonally adjusted Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) registered 52.8 points in December (readings above 50 points indicate expansion). This was down by 4.7 points from Novemberindicating a slowing in the industry’s overall…

USD - Major events in the week ahead

Events that marked the week: On Wednesday ISM Manufacturing PMI figures were published. The December PMI registered 59.7 percent, an increase of 1.5 percentage points from the November reading of 58.2 percent. Comments from the panel reflect expanding business conditions,…

ISM Non-Manufacturing PMI fell to 55.9

The NMI registered 55.9 percent, which is 1.5 percentage points lower than the November reading of 57.4 percent. This represents continued growth in the non-manufacturing sector at a slower rate. The Non-Manufacturing Business Activity Index decreased to 57.3 percent, 4.1…

NFP employment increased less than expected

Total nonfarm payroll employment increased by 148,000 in December, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care, construction, and manufacturing. In December, the unemployment rate…

Eurozone inflation down to 1.4%

Euro area annual inflation is expected to be 1.4% in December 2017, down from 1.5% in November 2017, according to a flash estimate from Eurostat, the statistical office of the European Union.

Australian Trade Balance deficit rose to $628 milliom

In trend terms, the balance on goods and services was a deficit of $194m in November 2017, a turnaround of $296m on the surplus in October 2017. In seasonally adjusted terms, the balance on goods and services was a deficit…

Unemployment Claims up to 250,000

In the week ending December 30, the advance figure for seasonally adjusted initial claims was 250,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 245,000 to 247,000. The…

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