Tag "Eurozone"


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German ZEW Survey results Expected On Tuesday

German ZEW Survey results Expected On Tuesday

🕔January 15, 2017

The German ZEW survey is due on Tuesday 16th January and is so far the most awaited news of the first two days of this week’s trading. There is a lot of optimism in play as recent stats also show that the German trade surplus increased over November even as the rest of the Eurozone saw the unemployment rates remain at 9.8%

Positive results will remain a gem to the traders who want to remain bullish on the Euro as the Sterling pound had kept on showing more signs of weakness over the last trading week.

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Eurozone Industrial Production Fails In October

Eurozone Industrial Production Fails In October

🕔December 14, 2016

Eurozone industrial output dipped in October for the second consecutive month against expectations of a slight rise as production of intermediate and non-durable consumer goods dropped in a sign of muted growth in the fourth quarter according to data from Eurostat showed Wednesday.…

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Eurozone GDP Up 0.3% In Q3

Eurozone GDP Up 0.3% In Q3

🕔December 6, 2016

Eurozone economic growth stabilized as initially estimated in the third quarter, data from Eurostat showed Tuesday. Gross domestic product expanded 0.3 percent sequentially in the third quarter, the same pace of growth as seen in the second quarter, while there was a small upward revision in annual growth to 1.7% from the previous estimate of 1.6% and the annual rate has held at 1.7% for the past three quarters.…

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Eurozone October Retail Sales Rise In October

Eurozone October Retail Sales Rise In October

🕔December 5, 2016

Retail sales in the 19 countries sharing the euro grew by 1.1 percent in October from September, breaking two months of declines, and by 2.4 percent from a year earlier, the European Union’s statistics office Eurostat said on Monday.

There was a 0.2% increase in food sales for the month, while fuel sales decline, but the most notable feature was a strong increase in non-food sales of 2.3% on the month following a 1.2% decline previously.…

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Switerland GDP Unmoved In Q3

Switerland GDP Unmoved In Q3
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🕔December 2, 2016

Gross domestic product was unchanged in the third quarter after expanding 0.6 percent a quarter ago. The economy was forecast to grow 0.3 percent.

The expenditure side breakdown of GDP showed that consumption contributed very little to growth. While investment underpinned growth, net trade had a negative effect.…

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Eurozone Unemployment Rate Decreases In October

Eurozone Unemployment Rate Decreases In October

🕔December 1, 2016

Eurozone unemployment rate declined to the lowest in more than eighty- seven months in October, reflecting strong momentum in the labor market despite weak economic growth.

The Eurozone unemployment rate declined to 9.8% for October from a revised 9.9% for September, which was originally reported as 10.0% and was also lower than the consensus forecast of 10.0% for the month.…

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Top Events For Nov 28 – Dec 2

Top Events For Nov 28 – Dec 2

🕔November 28, 2016

The release of worldwide manufacturing PMI results will provide data watchers with the first available information on global economic trends in November. Meanwhile the Fed will be monitoring non-farm payroll numbers in the US and ECB policymakers await inflation and unemployment figures.…

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Rise Seen in October Eurozone Confidence

Rise Seen in October Eurozone Confidence

🕔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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Eurozone Consumer Confidence Records Growth

Eurozone Consumer Confidence Records Growth

🕔October 21, 2016

Consumers in the 19 bloc Eurozone region gained more confidence about their outlook in the month of October, this indicates that the worries concerning the high level of political uncertainty across the EU region is starting to ease. The European Commission today stated that its gauge of consumer confidence in the Eurozone area climbed to -8.0 in October from a reading of -8.2 in the month of September.…

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Eurozone CPI 0.4% Higher

Eurozone CPI 0.4% Higher

🕔October 17, 2016

Eurostat revealed today that they had recorded an increase of 0.4% in the Eurozone Consumer Price Index for the month of September, after a previous increase of 0.2% in August. The reading was in line with analysts’ forecasts, according to Thomson Reuters.…

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