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👤Xinyang
🕔October 31, 2016
News Event
From Trading Economics: Consumer spending in the United States increased 0.5 percent in September from August of 2016, following a 0.1 percent fall in the previous period. It is the biggest gain in three months, in line with market expectations.…
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👤Nurudeen Amedu
🕔October 31, 2016
Japan’s industrial production was unchanged in September from a month earlier, falling short of forecasts, in the latest snapshot of Japan’s economy as the central bank board gathers to consider monetary policy. Retails sales were also unchanged, reflecting sustained weakness in consumer spending.…
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👤Arthur Greene
🕔October 31, 2016
German retail sales dropped in September from the previous month, their second consecutive decline and a possible sign that terrorism concerns and global economic uncertainties have started to undermine household consumption in Europe’s largest economy.
German retail sales in seasonally and calendar-adjusted terms declined 1.4% for September and the annual increase was held to 0.4%.…
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👤Xinyang
🕔October 31, 2016
News Event
From Trading Economics: The Eurozone economy expanded 0.3 percent on quarter in the three months to September of 2016, the same as in the previous period and in line with market expectations. GDP growth picked up in France and Austria but slowed in Spain, Belgium and Lithuania.…
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👤Arthur Greene
🕔October 31, 2016
Weekend negotiations between major oil producers around an output cut ended in a stalemate Saturday, threatening last month’s historic deal that vowed to drain the global supply glut of crude. The Organization of the Petroleum Exporting Countries (OPEC) and other major producers met in Vienna last weekend to pave the way for a detailed plan to lower oil output and support prices.…
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👤Arthur Greene
🕔October 30, 2016
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- Australian rate decision: The latest headline Australian inflation data was higher than expected with a 7% quarterly increase, although underlying readings were in line with expectations. This will be the second policy meeting for Reserve Bank Governor Lowe and the evidence overall does not suggest that there will be a radical departure in tone or policy stance.
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👤Xinyang
🕔October 28, 2016
News Event
From Trading Economics: The United States economy expanded an annualized 2.9 percent in the third quarter of 2016, more than 1.4 percent in the previous quarter and beating market expectations of a 2.5 percent rise, the advance estimate from BEA showed.…
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👤Arthur Greene
🕔October 28, 2016
Eurozone economic confidence rose more-than-expected in October to its highest level thus far this year, as the region weathered the uncertainty from the ‘Brexit’ vote.
The Commission said the economic sentiment indicator rose to 106.3 in October from 104.9 in September, well above market expectations of a small decline to 104.8.…
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👤Arthur Greene
🕔October 28, 2016
Japan’s consumer prices fell for a seventh straight month and household spending slumped again in September, underscoring the challenges Prime Minister Shinzo Abe and Bank of Japan Governor Haruhiko Kuroda face in trying to revive the world’s third-largest economy.
Core CPI, which excludes the volatile prices of food, also was down an annual 0.5 percent.…
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👤Lisa Harris
🕔October 28, 2016
France’s economy is growing again, but not by as much as economists hoped. The French GDP increased by 0.2% in the third quarter of this year, though lesser than economists forecast of 0.3% The July 14 terror attack in Nice was a major blow for the country’s tourism industry, just ahead of what is usually peak season, declining business investment and a drag on tourism from terror attacks.…
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