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👤Xinyang
🕔December 9, 2016
News Event
From Trading Economics: The preliminary reading of the University of Michigan’s consumer sentiment for the United States increased to 98 in December 2016 from a final reading of 93.8 in November. It was the highest reading since January 2015, as consumers expected a positive impact of new economic policies following Donald Trump’s election.…
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U.S. Baker Hughes Oil Rig Count Rise
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👤Arthur Greene
🕔December 9, 2016
The US oil rig count jumped this week by 21 to 498, the biggest increase since July 2015 according to driller Baker Hughes.
The increase is the sixth weekly increase in a row, with only one weekly decline taking place over the past six months.…
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👤Xinyang
🕔December 9, 2016
News Event
From Trading Economics: The trade deficit in the United Kingdom narrowed by £3.8 billion to £2.0 billion in September 2016 from an upwardly revised £5.8 billion in the previous month. It was the smallest trade gap since May this year, as exports increased by 4.6 percent, boosted by a 8.7 percent rise in the export of goods, while imports declined by 3.6 percent.…
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European Central Bank Extends QE til December 2017
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👤Xinyang
🕔December 8, 2016
News Event
From Trading Economics: The European Central Bank held its benchmark refinancing rate at 0 percent for the seventh straight time on December 8th, as widely expected, and extended its programme of quantitative easing until December 2017. Policymakers decided to continue its purchases under the asset purchase programme at the current monthly pace of €80 billion until the end of March 2017.…
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👤Arthur Greene
🕔December 8, 2016
In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week’s unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week’s unrevised average of 251,500.…
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👤Xinyang
🕔December 8, 2016
News Event
From Trading Economics: Exports from China unexpectedly increased by 0.1 percent from a year earlier to USD 196.81 billion in November of 2016, following a 7.3 percent drop in the preceding month and beating market estimates of a 5.0 percent fall.…
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👤Xinyang
🕔December 7, 2016
News Event
From Trading Economics: Consumer credit in the United States increased by $16.02 billion in October of 2016, following an upwardly revised $21.8 billion rise in September and below market expectations of $19 billion. Non-revolving credit rose by $13.68 billion, after increasing by $17.7 billion in the previous month and revolving credit went up by $2.33 billion, compared with a $4.09 billion rise in September.…
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👤Arthur Greene
🕔December 7, 2016
A surprise 1.3% drop in production over the month followed a 0.4% decrease in September, according to the Office for National Statistics, and was the biggest monthly fall in four years and is far worse than the 0.2% rise forecast by economists.…
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👤Arthur Greene
🕔December 7, 2016
Australia’s gross domestic product was down a seasonally adjusted 0.5 percent on quarter in the third quarter of 2016, the Australian Bureau of Statistics said on Wednesday.
The third-quarter GDP which fell 0.5 percent q/q, registering the first biggest decline since global financial crises, from up 0.6 percent q/q in the previous quarter.…
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👤Xinyang
🕔December 7, 2016
News Event
From Trading Economics: Industrial production in Germany rose 0.3 percent month-on-month in October of 2016, following a downwardly revised 1.6 percent drop in September but much lower than market expectations a 0.8 percent rise. Output was mainly driven by construction (+1.7 percent) and manufacturing (+0.1 percent, with the production of capital goods and consumer goods growing by 0.5 percent and 0.1 percent, respectively) while energy production fell (-0.5 percent).…
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