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CBI Industrial Orders Expectations survey showed balance of +7%

Manufacturing firms reported that output growth eased in the three months to September, while expectations for selling prices remained elevated, according to the CBI’s latest monthly Industrial Trends Survey. 24% of manufacturers reported total order books to be above normal,…

German PMI rises to six-and-a-half year high as manufacturing booms

Germany’s private sector economy ended the third quarter strongly, with business activity growth accelerating to the fastest in almost six-and-a-half years, according to flash PMI® survey data from IHS Markit. Improved performances were seen across both manufacturing and services in…

French private sector growth gains momentum

The latest set of flash France PMI® data signalled a further rise in French private sector output during September. The pace of growth remained sharp overall with the IHS Markit Flash France Composite Output Index, which is based on around…

Philly Fed Manufacturing Index unexpectedly rose to 23.8

Manufacturing firms reported an improvement in regional manufacturing conditions in September. The survey’s current indicators for general activity, new orders, and shipments increased this month and suggest a broadening of growth. Price pressures also picked up, according to the reporting…

Unemployment Claims down to 259,000

In the week ending September 16, the advance figure for seasonally adjusted initial claims was 259,000, a decrease of 23,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 284,000 to 282,000. The…

Public Sector Net Borrowing decreased in August

Public sector net borrowing (excluding public sector banks) decreased by £0.2 billion to £28.3 billion in the current financial year-to-date (April 2017 to August 2017), compared with the same period in 2016; this is the lowest year-to-date net borrowing since…

Aussie lower in a steadier morning session

In view of Sean Callow, Research Analyst at Westpac, AUD/USD has generally held up well but still seems pricey above 0.80 as iron ore futures prices in Shanghai have fallen almost without interruption this month, to lows since late July.…

Fed left interest rates unchanged, one rate hike expected in 2017

Federal Reserve officials set an October start for shrinking their $4.5 trillion stockpile of assets, moving to unwind a pillar of their crisis-era support for the economy. Policy makers left the benchmark interest rate unchanged in a range of 1…

Existing Home Sales at an annual rate of 5.35 million

Total existing-home sales retreated 1.7 percent to a seasonally adjusted annual rate of 5.35 million in August from 5.44 million in July. Last month's sales pace is 0.2 percent above last August, and is the lowest since then. Lawrence Yun,…

UK Retail Sales increased by 1.0%

In August 2017, the quantity bought (volume) in the retail sales industry increased by 1.0% compared with July 2017; with other non-food stores and non-store retailing as the main contributors to growth. Compared with August 2016, the quantity bought increased…

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