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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
French business sentiment index remained flat in May
In May, the business sentiment index in France remained steady at 105.00. Markets were anticipating the business sentiment index to record a flat reading.
Italian industrial production eased in April
The non-seasonally adjusted industrial production eased 6.50% in Italy on an annual basis, in April. In the prior month, industrial production had registered a rise of 7.60%.
Italian industrial production advanced less than expected in April
The working day adjusted industrial production in Italy recorded a rise of 1.00% in April on an annual basis, less than market expectations for a rise of 2.50%. In the previous month, industrial production had risen by a revised 2.90%.
Italian industrial production unexpectedly dropped in April
In April, on a monthly basis, the seasonally adjusted industrial production recorded an unexpected drop of 0.40% in Italy, lower than market expectations for a rise of 0.20%. In the previous month, industrial production had advanced 0.40%.
US posted budget deficit in May
Budget deficit in the US stood at $88.43 billion in May, compared to market expectations of a budget deficit of $87.00 billion. The US had posted a budget surplus of $182.43 billion in the previous month.
Japanese business survey index (BSI) of large manufacturing industries declined in 2Q 2017
Business survey index (BSI) of large manufacturing industries in Japan fell to -2.90 on a quarterly basis, in 2Q 2017. In the prior quarter, business survey index (BSI) of large manufacturing industries stood at 1.10.
Japanese machine tool orders advanced in May
The flash machine tool orders recorded a rise of 24.40% on a YoY basis, in May, in Japan. In the prior month, machine tool orders had risen 34.70%.
Japanese net employment outlook advanced in 3Q 2017
The net employment outlook recorded a rise to 24.00% in Japan, in 3Q 2017, compared to a reading of 23.00% in the prior quarter.
Chinese employment outlook advanced in 3Q 2017
In 3Q 2017, employment outlook rose to a level of 5.00% in China, compared to a reading of 4.00% in the previous quarter.
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