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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone current account surplus rose in September
The European Central Bank has reported that the Euro-zone has posted the non-seasonally adjusted current account surplus of €29.80 billion in September, from a revised current account surplus of €22.90 billion in the prior month.
Euro-zone current account surplus narrowed in September
The seasonally adjusted current account surplus in the Euro-zone narrowed to €25.30 billion in September. The Eurozone had reported a revised current account surplus of €29.10 billion in the prior month.
German PPI dropped less than expected in October
On an annual basis, in October, the producer price index (PPI) slid 0.40% in Germany, less than market expectations for a fall of 0.90%. In the previous month, the PPI had registered a drop of 1.40%.
German PPI rose more than expected in October
The PPI rose 0.70% on a MoM basis in October, in Germany, compared to a fall of 0.20% in the previous month. Market anticipation was for the PPI to rise 0.20%.
Italian current account surplus narrowed in September
Current account surplus in Italy narrowed to €2.81 billion in September, from a current account surplus of €3.37 billion in the previous month.
US Kansas City Fed manufacturing activity index slid in November
The Kansas City Fed manufacturing activity index in the US dropped to 1.00 in November. The Kansas City Fed manufacturing activity index had registered a reading of 6.00 in the previous month.
US leading indicator rose as expected in October
In October, leading indicator registered a rise of 0.10% in the US, on a monthly basis, at par with market expectations. Leading indicator had recorded a rise of 0.20% in the prior month.
Canadian core CPI remained steady in October
In October, the seasonally adjusted core consumer price index (CPI) remained flat on a MoM basis in Canada, less than market expectations for an advance of 0.30%. Core CPI had registered a rise of 0.10% in the previous month.
Canadian CPI recorded a rise in October
The seasonally adjusted CPI rose 0.20% on a monthly basis, in October, in Canada. CPI had registered a similar rise in the prior month.
Canadian CPI recorded a rise in October
In Canada, the CPI recorded a rise of, on MoM basis, to a level of 129.10 in October. In the prior month, the CPI had recorded a level of 128.80.
Canadian CPI rose as expected in October
In October, on a monthly basis, the CPI in Canada advanced 0.20%, in line with market expectations. The CPI had risen 0.10% in the previous month.
Canadian core CPI advanced less than expected in October
The core CPI registered a rise of 0.20% on a monthly basis in Canada, in October, compared to a similar rise in the prior month. Markets were expecting the core CPI to rise 0.30%.
Japanese merchandise (total) trade surplus dropped in October
Japan has reported merchandise (total) trade surplus of ¥496.20 billion in October, compared to a revised merchandise (total) trade surplus of ¥497.60 billion in the prior month.
Japanese exports dropped more than expected in October
On an annual basis in Japan, exports fell 10.30% in October, higher than market expectations for a drop of 8.50%. Exports had fallen 6.90% in the prior month.
Japanese adjusted merchandise trade surplus rose in October
Japan has registered adjusted merchandise trade surplus of ¥474.30 billion in October, compared to a revised adjusted merchandise trade surplus of ¥358.50 billion in the previous month.
Japanese imports dropped more than expected in October
On an annual basis in Japan, imports recorded a drop of 16.50% in October, compared to a fall of 16.30% in the previous month. Market expectation was for imports to fall 16.10%.
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