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👤Lisa Harris
🕔October 27, 2016
The Confederation of British Industry (CBI) monthly Distributive Trades Survey of 126 firms of which 60 were retailers, showed above-average sales for the time of year, with 40% of retailers reporting increased sales volumes in October on a year ago and 19% saying they were down.…
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👤Lisa Harris
🕔October 26, 2016
The seasonally adjusted Markit Flash U.S. composite PMI Output Index registered 54.9 in October, up from 52.3 in September and above the 50.0 no-change value for the eighth month running. It’s an 8th consecutive month of expansion. It was 54.8 a year ago, and is the highest reading since last November.…
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👤Lisa Harris
🕔October 25, 2016
A further easing from the Bank of Canada would bring the central bank closer to unconventional monetary policy easing and the decision on whether to cut rates again is not one to take lightly, Governor Stephen Poloz said on Monday. Taking questions from lawmakers, Poloz also said that there were ingredients of a possible divergence between Canada and the United States, both economically and from a monetary policy standpoint.…
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👤Lisa Harris
🕔October 24, 2016
2016 is shaping up to be a yearbook ended by growth for Japanese manufacturers, after a sluggish global growth, a rising yen and two earthquakes caused the sector to sag for much of the spring and summer. The Nikkei Flash Japan Manufacturing Purchasing Managers’ Index, or PMI, rose to 51.7 in October from September’s 50.4, improving at the sharpest rate in nine months.…
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👤Lisa Harris
🕔October 22, 2016
There was a significant rise increase in inflation after it recorded a slump of 0.20% in the month of August, the slump was mostly caused by low energy prices and the persisting excess capacity. Statistics Canada reported that there was a 0.1% month on month increase in the CPI index for the month of September, and a year over year increase of 1.3%.…
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👤Lisa Harris
🕔October 21, 2016
US Based oil driller, Baker Hughes reported today that there has been an increase in the number of active oil rigs by 11 to 443 for the week closing on October 21st. This is a new high for the index since the week ending on February 5th, when the count was seen at 467 during its sharp decline.…
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👤Lisa Harris
🕔October 20, 2016
The European Central Bank (ECB) chose to leave all of its key interest rates unchanged today, in line with the market forecasts that the interest rate policy will stay in a holding stance while inflation rises slowly in the 19 bloc Eurozone area.…
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👤Lisa Harris
🕔October 18, 2016
The Australian central bank has expressed that the next data on inflation and employment will be vital to the future of interest rates which will be under review at their next meeting scheduled to hold on the 1st of November, their statement has raised the chances of a policy easing at their next meeting.…
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👤Lisa Harris
🕔October 17, 2016
The latest data release for the total industrial production in the US grew by 0.1% in the month of September, according to the Federal Reserve Board. This was on the trail of a 0.5% decrease in the month of August, which was revised lower from -0.4%.…
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👤Lisa Harris
🕔October 16, 2016
The coming week will be filled with some very important releases for the US dollar, including inflation and business confidence. Policy meetings will be held by 2 major banks and European politics will also be heavily watched by market participants. With the market prepared for more vulgar allegations, the US Presidential election campaign will also be watched closely.…
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