Hot Features
Premium
Register for real-time alerts, custom portfolio, and market movers
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK industrial production rose less than expected in September
In the UK, industrial production recorded a rise of 1.10% in September on a YoY basis, less than market expectations for an advance of 1.30%. In the previous month, industrial production had recorded a revised rise of 1.80%.
UK manufacturing production declined less than expected in September
On an annual basis in September, manufacturing production eased 0.60% in the UK, lower than market expectations for a drop of 0.70%. Manufacturing production had dropped by a revised 0.90% in the previous month.
UK industrial production declined more than expected in September
In September, industrial production recorded a drop of 0.20% on a monthly basis in the UK, higher than market expectations for a drop of 0.10%. In the previous month, industrial production had risen by a revised 0.90%.
UK total trade deficit registered a drop in September
Total trade deficit in the UK fell to £1.35 billion in September, following a revised total trade deficit of £2.90 billion in the previous month. Market anticipation was for the nation to post a total trade deficit of £3.00 billion.
UK NIESR estimated GDP recorded a rise in the August-October 2015 period
On a monthly basis, NIESR estimated gross domestic product (GDP) climbed 0.60% in the August-October 2015 period, in the UK. NIESR estimated GDP had advanced 0.50% in the July-September 2015 period.
UK visible trade deficit registered a drop in September
The UK has posted visible trade deficit of £9.35 billion in September, compared to a revised visible trade deficit of £10.79 billion in the prior month. Markets were anticipating the nation to register a visible trade deficit of £10.60 billion.
UK trade deficit narrowed in September
Non-EU trade deficit in the UK dropped to £2.08 billion in September, compared to a revised trade deficit of £3.84 billion in the prior month. Market expectation was for the country’s trade deficit to narrow to £3.10 billion.
UK manufacturing production rose more than expected in September
On a monthly basis, manufacturing production in the UK advanced 0.80% in September, compared to a revised rise of 0.40% in the previous month. Markets were expecting manufacturing production to climb 0.60%.
German industrial production rose less than expected in September
On an annual basis, the non-seasonally & working day adjusted industrial production rose 0.20% in September, in Germany, less than market expectations for a rise of 1.30%. Industrial production had recorded a revised rise of 2.70% in the prior month.
German industrial production unexpectedly slid in September
On a MoM basis, the seasonally adjusted industrial production unexpectedly eased 1.10% in Germany, in September, less than market expectations for a rise of 0.50%. In the previous month, industrial production had recorded a revised drop of 0.60%.
French trade deficit expanded in September
Trade deficit in France expanded to €3.38 billion in September, following a revised trade deficit of €2.98 billion in the previous month. Market expectation was for the country’s trade deficit to expand to EUR 3.05 billion.
French budget deficit dropped in September
Budget deficit in France narrowed to €74.50 billion in September. France had registered a budget deficit of €89.70 billion in the previous month.
French exports declined in September
Exports eased to €37.40 billion in September, in France. In the prior month, exports had registered a reading of €37.69 billion.
French imports advanced in September
In France, imports rose to a level of €40.78 billion in September, compared to a reading of €40.67 billion in the prior month.
Spanish calendar adjusted industrial output advanced more than expected in September
In September, on an annual basis, the calendar adjusted industrial output rose 3.80% in Spain, compared to a revised advance of 2.80% in the prior month. Markets were anticipating the calendar adjusted industrial output to rise 2.80%.
Swiss foreign currency reserves advanced in October
Compared to a revised level of CHF 541.40 billion in the prior month foreign currency reserves registered a rise to CHF 550.90 billion in Switzerland, in October.
US consumer credit rose more than expected in September
In September, consumer credit in the US rose $28.92 billion, compared to a revised advance of $16.04 billion in the prior month. Markets were anticipating consumer credit to advance $17.75 billion.
Non-farm payrolls in the US recorded an increase in October
Non-farm payrolls in the US climbed by 271.00 K in October, following a revised advance of 137.00 K in the previous month. Markets were anticipating non-farm payrolls to rise 185.00 K.
Private payrolls in the US climbed in October
Private payrolls in the US registered a rise of 268.00 K in October, higher than market anticipations of an advance of 169.00 K. Private payrolls had registered a revised gain of 149.00 K in the prior month.
US average hourly earnings of all employees advanced more than expected in October
Average hourly earnings of all employees in the US climbed 2.50% in October on an annual basis, compared to a revised rise of 2.30% in the previous month. Markets were expecting average hourly earnings of all employees to advance 2.30%.
US average weekly hours of all employees remained steady in October
In October, average weekly hours of all employees in the US remained unchanged at 34.50, in line with market expectations.
Household employment in the US climbed in October
Household employment in the US climbed by 320.00 K in October, more than market anticipations of an advance of 187.50 K. Household employment had recorded a decline of 236.00 K in the previous month.
US unemployment rate recorded a drop in October
Unemployment rate dropped to 5.00% in October, in the US, compared to a level of 5.10% in the previous month. Markets were expecting unemployment rate to ease to 5.00%.
US underemployment rate declined in October
Underemployment rate in the US fell to a level of 9.80% in October, compared to a level of 10.00% in the prior month. Markets were expecting underemployment rate to drop to 9.90%.
US average hourly earnings of all employees rose more than expected in October
In October, on a MoM basis, average hourly earnings of all employees in the US climbed 0.40%, compared to a flat reading in the prior month. Market anticipation was for average hourly earnings of all employees to rise 0.20%.
Canadian unemployment rate registered a surprise drop in October
In October, the unemployment rate in Canada fell unexpectedly to a level of 7.00%, compared to a level of 7.10% in the prior month. Market anticipation was for the unemployment rate to remain unchanged.
Part time employment in Canada registered a rise in October
In Canada, part time employment advanced by 35.40 K in October, compared to an advance of 74.00 K in the previous month.
Canadian participation rate recorded an unexpected rise in October
In October, the participation rate advanced unexpectedly to 66.00% in Canada, compared to a level of 65.90% in the previous month. Markets were anticipating the participation rate to ease to 65.80%.
Net number of people employed in Canada recorded an increase in October
The net number of people employed climbed by 44.40 K in Canada, in October, compared to a gain of 12.10 K in the prior month. Market expectation was for the net number of people employed to rise 10.00 K.
Number of full time employment in Canada recorded an increase in October
The number of full time employment rose by 9.00 K in Canada, in October. The number of full time employment had recorded a fall of 61.90 K in the prior month.
Canadian building permits surprisingly dropped in September
On a monthly basis, in Canada, building permits unexpectedly fell 6.70% in September, compared to a revised fall of 3.60% in the prior month. Markets were anticipating building permits to climb 1.50%.
Japanese leading economic index registered a drop in September
The flash leading economic index in Japan fell to a level of 101.40 in September, compared to a level of 103.50 in the prior month. Market anticipation was for the leading economic index to ease to a level of 101.80.
Japanese coincident index dropped in September
The flash coincident index in Japan registered a drop to 111.90 in September, compared to market expectations of a drop to a level of 112.10. The coincident index had recorded a level of 112.20 in the previous month.
Japanese labour cash earnings rose more than expected in September
In September, labour cash earnings advanced 0.60% in Japan on a YoY basis, compared to a revised rise of 0.40% in the previous month. Market expectation was for labour cash earnings to climb 0.50%.
Chinese imports declined more than expected in October
On a YoY basis in October, imports registered a drop of 18.80% in China, higher than market expectations for a fall of 15.20%. Imports had recorded a drop of 20.40% in the previous month.
Chinese exports dropped more than expected in October
On a YoY basis, exports slid 6.90% in China, in October, higher than market expectations for a fall of 3.20%. Exports had dropped 3.70% in the previous month.
Chinese trade surplus rose in October
General Administration of Customs of the People’s Republic of China has reported that trade surplus in China expanded to $61.64 billion in October, following a trade surplus of $60.34 billion in the previous month. Market anticipation was for the nation to record a trade surplus of $62.00 billion.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
