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China's CPI up more than expected

China's consumer inflation rose to a seven-month high, as falls in food prices softened, dragging less on the overall index, official data showed Saturday. China's consumer-price index increased 1.8% in August from a year earlier, compared with a 1.4% gain…

USD - Major events in the week ahead

Events that marked the week: On Wednesday Trade Balance and ISM Non-Manufacturing PMI data was published. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit…

UK Industrial Production grew by 0.2%

In the 3 months to July 2017, the Index of Production was estimated to have increased by 0.3% compared with the 3 months to April 2017, due mainly to a rise of 2.2% in mining and quarrying. The largest contribution…

German Trade Balance surplus fell to 19.5 billion euros

Germany exported goods to the value of 103.7 billion euros and imported goods to the value of 84.2 billion euros in July 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 8.0%…

French Industrial Production increased by 0.5%

In July 2017, output recovered slightly in the manufacturing industry (+0.3% after −0.9% in June), as well as in the whole industry (+0.5% after −1.1%). Over the last three months, manufacturing output went up sharply in the manufacturing industry (+1.5%)…

Australian Home Loans rose by 2.9%

Australian home loan lending fell in July, led by a sharp drop in investor loans. However, as investor activity continues to cool, there’s renewed evidence that first home buyers are starting to take their place. According to the Australian Bureau…

Draghi affirms ECB will decide on tapering in the autumn

Even while the European Central Bank made no changes to either policy or its statement on Thursday, Mario Draghi, president of the euro zone monetary authority, affirmed that a decision on whether to reduce, or taper, asset purchases will be…

Unemployment Claims increased to 298,000

U.S. jobless claims surged last week by the most since November 2012 as tens of thousands of Texans displaced by Hurricane Harvey filed applications to collect benefits, according to Labor Department figures Thursday. Initial jobless claims increased by 62k to…

UK house prices 0.1% higher

House prices in the last three months (June-August) were 0.1% higher than in the previous three months (March-May). Price growth, on this measure, has edged up for the first time sinceMarch. Prices in the three months to August were 2.6% higher…

Australian Retail Sales unchanged in July

In trend terms, the balance on goods and services was a surplus of $768m in July 2017, a decrease of $250m on the surplus in June 2017. In seasonally adjusted terms, the balance on goods and services was a surplus…

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