Hot Features
Premium
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone three-month average of M3 money supply climbed in the October-December 2016 period
On a YoY basis, the three-month average of M3 money supply recorded a rise of 4.80% in the October-December 2016 period, in the Euro-zone. In the September-November 2016 period, the three-month average of M3 money supply had registered a rise of 4.70%.
Euro-zone private sector loans advanced in December
Private sector loans advanced 2.00% in the Euro-zone on an annual basis, in December. Private sector loans had recorded a rise of 1.90% in the previous month.
Euro-zone M3 money supply advanced more than expected in December
M3 money supply climbed 5.00% on a YoY basis in the Euro-zone, in December, compared to a rise of 4.80% in the prior month. Markets were expecting M3 money supply to climb 4.90%.
German import price index rose more than expected in December
In December, the import price index in Germany, rose 3.50% on a YoY basis, higher than market expectations for an advance of 2.70%. The import price index had advanced 0.30% in the previous month.
German import price index advanced more than expected in December
On a MoM basis, in December, the import price index climbed 1.90% in Germany, higher than market expectations for a rise of 1.30%. The import price index had registered a rise of 0.70% in the previous month.
French consumer confidence rose in January
In January, consumer confidence in France rose to a level of 100.00, at par with market expectations. In the prior month, consumer confidence had recorded a reading of 99.00.
Italian wage inflation remained unchanged in December
The wage inflation in Italy remained unchanged at 0.00% in December.
Italian business confidence index recorded an unexpected rise in January
The business confidence index registered an unexpected rise to 104.80 in Italy, in January, compared to a revised reading of 103.70 in the prior month. Market expectation was for the business confidence index to drop to 103.30.
Italian annual wage inflation remained unchanged in December
In December, the annual wage inflation in Italy remained flat at 0.40%.
Italian consumer confidence index eased in January
The consumer confidence index fell to a level of 108.80 in January, in Italy, lower than market expectations of a fall to 110.00. The consumer confidence index had recorded a revised reading of 110.90 in the prior month.
Spanish retail sales rose less than expected in December
Retail sales climbed 2.90% on a YoY basis in Spain, in December, less than market expectations for a rise of 3.20%. Retail sales had climbed by a revised 3.20% in the prior month.
US Reuters/Michigan consumer sentiment index rose unexpectedly in January
In January, the final Reuters/Michigan consumer sentiment index in the US rose unexpectedly to 98.50, higher than market expectations of a fall to a level of 98.10. The preliminary figures had recorded a drop to 98.10. In the previous month, the Reuters/Michigan consumer sentiment index had recorded a reading of 98.20.
US personal consumption rose as expected in 4Q 2016
On a quarterly basis in the US, the preliminary personal consumption recorded a rise of 2.50% in 4Q 2016, at par with market expectations. Personal consumption had recorded a rise of 3.00% in the previous quarter.
US core personal consumption expenditure advanced as expected in 4Q 2016
In 4Q 2016, the preliminary core personal consumption expenditure rose 1.30% in the US, on a QoQ basis, in line with market expectations. Core personal consumption expenditure had advanced 1.70% in the previous quarter.
US non-defence capital goods shipments (ex aircraft) advanced more than expected in December
In December, on a MoM basis, the flash non-defence capital goods shipments (ex aircraft) registered a rise of 1.00% in the US, more than market expectations for a rise of 0.50%. The non-defence capital goods shipments (ex aircraft) had recorded a rise of 0.20% in the prior month.
US non-defence capital goods orders (ex aircraft) rose more than expected in December
In the US, the flash non-defence capital goods orders (ex aircraft) rose 0.80% on a MoM basis in December, higher than market expectations for a rise of 0.20%. The non-defence capital goods orders (ex aircraft) had risen 0.90% in the previous month.
US durable goods orders registered an unexpected drop in December
In December, the preliminary durable goods orders in the US, unexpectedly dropped 0.40% on a MoM basis, lower than market expectations for a rise of 2.50%. Durable goods orders had recorded a drop of 4.50% in the previous month.
US annualised GDP rose less than expected in 4Q 2016
On a QoQ basis, the flash annualised gross domestic product (GDP) climbed 1.90% in 4Q 2016, in the US, less than market expectations for an advance of 2.20%. In the prior quarter, the annualised GDP had advanced 3.50%.
US durable goods orders (ex transportation) rose as expected in December
On a MoM basis, the preliminary durable goods orders (ex transportation) advanced 0.50% in December, in the US, meeting market expectations. Durable goods orders (ex transportation) had climbed 0.60% in the prior month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
