Australian Core CPI Sluggish in October
October 26, 2011 3:27 pm by Greg HoldenConsumer inflation, as reported by the Reserve Bank of Australia (RBA) this morning, seems to have held steady at 0.6% in October. But the Trimmed Mean CPI, which is similar to the Core CPI reading of other countries since it ...
New Zealand NBNZ Confidence Report Halved
October 26, 2011 3:23 pm by Greg HoldenThe early morning’s publication by the National Bank of New Zealand (NBNZ) regarding consumer confidence in October presented a rather ominous reading on consumer outlook in the Pacific island economy. The reading from September was published at a diffusion index ...
UK Mortgage Approvals Sluggish in October
October 25, 2011 3:10 pm by Greg HoldenAn early report on housing loans in the UK was released this morning, revealing a mild sluggishness in the number of loans approved for home purchases. The data has been mulling about in mildly bullish territory for the past two ...
GfK German Consumer Climate Beats Forecasts
October 25, 2011 3:03 pm by Greg HoldenReleased this morning was a report on the state of the German economy according to consumers. The survey, conducted by GfK, revealed a surprising uptick in consumer optimism, beating forecasts for a minor decline of 0.1.
Canadian Retail Sales Bullish in October
October 25, 2011 2:53 pm by Greg HoldenHoliday shopping appears to be boosting retail sales in most countries which celebrate the end-of-year holidays such as Christmas. Indicators appear to be suggesting that consumer spending is on the rise in most Western countries and Canadian retail sales supports ...
New Zealand Dollar Expecting Volatile Move Monday Night
October 24, 2011 3:39 pm by Greg HoldenWith New Zealand banks on holiday Monday in observance of Labour Day, many are anticipating a volatile jump in the New Zealand dollar’s (NZD) value come reopening later this evening. The New Zealand economy is releasing a highly important data ...
Decline in German Manufacturing Disconcerting
October 24, 2011 3:36 pm by Greg HoldenFlash reports on the euro zone regional economy have shown manufacturing to be in decline. France did report a positive bump in manufacturing, but Germany and the broader region are indicating a decline. The reports on Germany are perhaps the ...
Inflationary Growth Slowing in Australia
October 24, 2011 3:32 pm by Greg HoldenThe quarterly report on the Australian producer price index (PPI) revealed a slow-down in growth from an expected 0.8% to a reading of 0.6%. The indicator suggests that price increases related to increased demand for produced goods has diminished somewhat ...
Canadian Inflation Higher than Market Forecasts
October 21, 2011 3:37 pm by Greg HoldenReports out this afternoon on the Canadian consumer price index (CPI) revealed an economy which may be experiencing a modest boom in growth. The figures revealed better than forecast numbers, helping the Canadian dollar (CAD) gain in today’s end-of-week trading.
Philly Manufacturing Index Soars
October 21, 2011 3:30 pm by Greg HoldenThe Philly Fed Manufacturing Index for October, published yesterday afternoon, revealed a strong upturn in manufacturing output for Pennsylvania. The forecast for yesterday’s report was for a negative reading of -9.0, but actual results came in at positive 8.7.
