Canadian GDP Data Reveals Stable Growth
October 31, 2011 1:04 pm by Greg HoldenThe early afternoon release of Canada’s GDP data revealed an economy in modest stability. The release of a nation’s gross domestic product report is a strong indicator of that nation’s economic health and well-being. Today’s release revealed to investors that ...
Japanese Home Construction Expecting Sharp Plummet
October 31, 2011 1:01 pm by Greg HoldenThis morning’s early publication of Japanese housing starts portrayed a capital economy in deep contraction heading into the end of 2011. Housing starts are an indicator of the number of private homes starting construction, making it an early gauge of ...
German Retail Sales Underperforming
October 31, 2011 12:57 pm by Greg HoldenThe euro zone continues to struggle with economic data heading into the fourth quarter of 2011. This morning’s publication of Germany’s retail sales revealed even more sluggish growth in the region’s largest economy.
Swiss KOF Barometer in Decline
October 28, 2011 3:19 pm by Greg HoldenThis morning’s publication of Switzerland’s KOF Economic Barometer revealed an economic outlook that has dipped somewhat since last month’s reading. A combination of economic indicators is now portraying economic conditions slightly more pessimistically than before.
Japanese Unemployment Falls 0.2% in October
October 28, 2011 3:17 pm by Greg HoldenA surprise indicator from the Japanese economy this morning revealed an employment sector growing modestly through the autumn months. Expectations were for a worsening of the unemployment situation in Japan due to the decline in manufacturing and industrial production lately.
British Consumers Increasingly Pessimistic
October 28, 2011 3:04 pm by Greg HoldenA survey conducted of roughly 2,000 British citizens asking them to rate their views on the state of the economy found that pessimism is growing in the UK. The report, issued by GfK NOP, reported a decline by two base ...
Advance US GDP Supports Growth Prospects
October 27, 2011 2:17 pm by Greg HoldenThursday release of Advance GDP in the United States underscored a plausible increase in the nation’s economic growth. As an early indicator of economic expansion in the world’s largest economy, this indicator is highly important to gauging the direction of ...
Prelim CPI in Germany Sees Zero Growth
October 27, 2011 2:12 pm by Greg HoldenThe preliminary reading on the consumer price index (CPI) in Germany this morning revealed utter stagnation. The reading was expected to show a 0.1% increase in consumer inflation, a dismal reading on its face, but the actual results being lower ...
Japanese Retail Sales Plummet 1.2%
October 27, 2011 2:06 pm by Greg HoldenExpectations for this morning’s retail sales data out of Japan were for zero growth, which would have been a step in the right direction had it occurred. Unfortunately, the level of consumer spending on retail items in Japan fell by ...
US Durable Goods Orders Reported with Mixed Results
October 26, 2011 3:44 pm by Greg HoldenThe publication of the durable goods orders reports from the United States earlier this afternoon revealed a mixed sentiment regarding the manufacturing sector of the world’s largest economy. The nominal figure came in with a reading slightly below forecasts with ...