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U.K GDP Q3 at 0.5%
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👤Arthur Greene
🕔November 27, 2016
There seems to be no surprises in the UK GDP release: quarterly growth remains 0.5%, and yearly growth is 2.3%. Among the internal components, we find a rise of 0.9% in business investment while services stand at 0.8%. Exports are up 0.7% and imports down 1.5%.…
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👤Arthur Greene
🕔November 16, 2016
Statistics Canada says manufacturing sales rose 0.3 per cent to $51.5 billion in September, boosted by higher sales in the transportation equipment and fabricated metal industries.
Sales were up in 12 of 21 industries, representing 57.1 per cent of the total manufacturing sector.…
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👤Arthur Greene
🕔November 15, 2016
Retail sales rose more than expected in October, according to a Department of Commerce report today.
Sales at U.S. retailers rose more than forecast last month in a broad advance after an even stronger September than initially estimated, showing consumers continue to pump up the economy.…
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👤Xinyang
🕔November 15, 2016
News Event
From Trading Economics: The German economy expanded a seasonally-adjusted 0.2 percent in the September quarter of 2016, compared to a 0.4 percent growth in the second quarter while market expected a 0.3 percent expansion, preliminary estimates showed. It was the weakest growth since the third quarter 2015, as positive contributions mainly came from domestic demand while foreign trade had a downward effect on growth.…
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👤Arthur Greene
🕔November 14, 2016
Japan’s economy expanded more than forecast in the three months through September, with a rebound in exports compensating for weak spending by people and companies.
The Japan’s economy beat expectations in the third quarter thanks to exports, according to government data.…
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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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👤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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👤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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👤Arthur Greene
🕔October 27, 2016
The gross domestic product (GDP) is the measure of economic activity in a country. Traders pay close attention to a country’s GDP because it acts as the report card of an economy.
The U.K. economy grew by 0.7% (revised from 0.6%) in the three months to June 2016, higher than the 0.4% uptick analysts had estimated and marks the 14th consecutive month of expansion.…
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China Economy Expanded in Q3
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👤Xinyang
🕔October 18, 2016
News Event
From Trading Economics: The Chinese economy expanded an annual 6.7 percent in the September quarter of 2016, the same pace as in the previous two-quarters.The figure was in line with market expectations, supported by an increase in government spending, fixed asset investment and retail sales while industrial output eased.…
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