German factory production and exports fell in September, according to official figures released today, which analysts said points to flat third quarter GDP growth for Europe’s largest economy.
The Economy Ministry said industrial production dropped 1.8 per cent in September over August, according to season- and calendar-adjusted figures.…
]]>
German factory production and exports fell in September, according to official figures released today, which analysts said points to flat third quarter GDP growth for Europe’s largest economy.
The Economy Ministry said industrial production dropped 1.8 per cent in September over August, according to season- and calendar-adjusted figures.…
]]>
Under the Bank of Japan’s latest monetary policy framework, set at its September policy board meeting, “due attention should be paid to the impact of the negative interest rate policy on financial institutions’ profits,” the minutes of that meeting showed.
“With regard to possible options for additional easing, the Bank can cut the short-term policy interest rate and the target level of a long-term interest rate, which are two key benchmark rates for yield curve control.…
]]>
Under the Bank of Japan’s latest monetary policy framework, set at its September policy board meeting, “due attention should be paid to the impact of the negative interest rate policy on financial institutions’ profits,” the minutes of that meeting showed.
“With regard to possible options for additional easing, the Bank can cut the short-term policy interest rate and the target level of a long-term interest rate, which are two key benchmark rates for yield curve control.…
]]>
Squabbling between Saudi Arabia and Iran has sent the oil price down, as tension between the near neighbours threatened to derail talks aimed at cutting production by the OPEC group of oil-producing countries.
Following last week’s meeting, where Iran refused to cap output at below 4mbpd, OPEC sources told Reuters that the Saudi’s have threatened to steeply raise their output.…
]]>
Squabbling between Saudi Arabia and Iran has sent the oil price down, as tension between the near neighbours threatened to derail talks aimed at cutting production by the OPEC group of oil-producing countries.
Following last week’s meeting, where Iran refused to cap output at below 4mbpd, OPEC sources told Reuters that the Saudi’s have threatened to steeply raise their output.…
]]>
The labor market continues to recover robustly despite a variety of negative shocks and now verges on full employment, Federal Reserve Vice Chairman Stanley Fischer said on Friday, just hours after the October jobs report showed the U.S. economy added 161,000 payroll jobs in the month.…
]]>
The labor market continues to recover robustly despite a variety of negative shocks and now verges on full employment, Federal Reserve Vice Chairman Stanley Fischer said on Friday, just hours after the October jobs report showed the U.S. economy added 161,000 payroll jobs in the month.…
]]>
Growth in French services sector weakened during the month of October, pointing to a modest rate of growth during the period, the slowest in three months. Concurrently, input cost inflation eased slightly, while average selling prices continued to decline at a solid pace.…
]]>
Growth in French services sector weakened during the month of October, pointing to a modest rate of growth during the period, the slowest in three months. Concurrently, input cost inflation eased slightly, while average selling prices continued to decline at a solid pace.…
]]>
The German labor market continued to show strength with the unemployment rate unexpectedly dropping to a new all-time low, official data showed today. This government figures shows that Germany’s unemployment rate has declined for the second month in a row in October, in another sign of the underlying strength of Europe’s largest economy.…
]]>
The German labor market continued to show strength with the unemployment rate unexpectedly dropping to a new all-time low, official data showed today. This government figures shows that Germany’s unemployment rate has declined for the second month in a row in October, in another sign of the underlying strength of Europe’s largest economy.…
]]>
Overnight data indicated that Australia’s seasonally adjusted building approvals declined by 8.7% on a monthly basis in September, higher than market expectations for a fall of 3.0% and following a drop of 1.8% in the prior month. It was the second straight month of decrease and the fastest drop since November 2015.…
]]>
Overnight data indicated that Australia’s seasonally adjusted building approvals declined by 8.7% on a monthly basis in September, higher than market expectations for a fall of 3.0% and following a drop of 1.8% in the prior month. It was the second straight month of decrease and the fastest drop since November 2015.…
]]>
The Bank of Japan held off on expanding stimulus on today despite once again pushing back the timing for hitting its inflation target, signaling that it will keep policy unchanged unless a severe shock threatens to derail a fragile economic recovery.…
]]>
The Bank of Japan held off on expanding stimulus on today despite once again pushing back the timing for hitting its inflation target, signaling that it will keep policy unchanged unless a severe shock threatens to derail a fragile economic recovery.…
]]>
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.…
]]>
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.…
]]>
New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an acceleration in business spending in the fourth quarter.
Total new orders for manufactured goods equaling $227.3 billion, a decline of 0.1 percent, after increases of 0.3 percent in August and 3.6 percent in July.…
]]>
New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an acceleration in business spending in the fourth quarter.
Total new orders for manufactured goods equaling $227.3 billion, a decline of 0.1 percent, after increases of 0.3 percent in August and 3.6 percent in July.…
]]>