Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK new car registrations climbed in September
In the UK, new car registrations climbed 8.60% on a YoY basis, in September. In the previous month, new car registrations had recorded a rise of 3.30%.
ECB signals intention to push on with stimulus as Euro-zone growth remained sluggish
The European Central Bank’s (ECB) September monetary policy meeting minutes revealed that rate setters agreed the Euro-zone’s economy needs continued monetary stimulus as underlying price growth showed no signs of a strong recovery. The ECB reiterated that the central bank is committed to maintaining its massive bond-buying program until its conclusion next year and stands ready to extend it, if necessary, until the governing council sees a sustained adjustment in the path of inflation.
German factory orders rose more than expected in August
In August, on a YoY basis, the non-seasonally adjusted factory orders registered a rise of 2.10% in Germany, higher than market expectations for an advance of 1.60%. Factory orders had recorded a revised drop of 0.60% in the previous month.
German factory orders rose more than expected in August
On a MoM basis, the seasonally adjusted factory orders in Germany rose 1.00% in August, more than market expectations for a rise of 0.30%. Factory orders had registered a revised rise of 0.30% in the previous month.
Swiss EU HICP remained unchanged in September
On a MoM basis, the EU harmonised consumer price index (HICP) in Switzerland remained steady in September, similar to a flat reading in the prior month. Markets were expecting the EU HICP to advance 0.30%.
Swiss CPI rose less than expected in September
On a monthly basis, the consumer price index (CPI) in Switzerland registered a rise of 0.10% in September, lower than market expectations for an advance of 0.20%. The CPI had dropped 0.10% in the previous month.
Swiss CPI recorded an unexpected drop in September
On an annual basis in Switzerland, the CPI unexpectedly fell 0.20% in September, compared to a drop of 0.10% in the previous month. Markets were anticipating the CPI to record a flat reading.
Swiss EU HICP surprisingly eased in September
On a YoY basis, the EU HICP in Switzerland unexpectedly eased 0.30% in September, compared to a flat reading in the previous month. Market anticipation was for the EU HICP to record a flat reading.
US initial jobless claims eased unexpectedly in the last week
In the US, the seasonally adjusted initial jobless claims eased unexpectedly to 249.00 K in the week ended 01 October 2016, compared to a level of 254.00 K in the prior week. Markets were expecting initial jobless claims to climb to a level of 256.00 K.
US continuing jobless claims eased unexpectedly in the last week
The seasonally adjusted continuing jobless claims in the US fell unexpectedly to a level of 2058.00 K in the week ended 24 September 2016, compared to market expectations of a rise to 2081.00 K. Continuing jobless claims had recorded a revised level of 2064.00 K in the previous week.
US number of planned layoffs by US companies dropped in September
The number of planned layoffs by US companies in the US eased 24.70% in September on a YoY basis. The number of planned layoffs by US companies had dropped 21.80% in the prior month.
Canadian building permits rose more than expected in August
On a MoM basis, building permits rose 10.40% in August, in Canada, compared to a revised rise of 3.40% in the prior month. Market expectation was for building permits to rise 1.00%.
Japanese foreign exchange reserves advanced in September
Foreign exchange reserves in Japan recorded a rise to $1260.10 billion in September. In the previous month, foreign exchange reserves had registered a reading of $1256.10 billion.
Japanese labour cash earnings unexpectedly dropped in August
In August, on an annual basis, labour cash earnings unexpectedly eased 0.10% in Japan, less than market expectations for an advance of 0.40%. In the previous month, labour cash earnings had recorded a revised rise of 1.20%.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
