Hot Features
Premium
Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
ECB’s economic bulletin: Euro-zone’s economic growth to continue unabated in the second half of 2017
The European Central Bank (ECB), in its latest economic bulletin, stated that the Euro-zone’s nascent economic recovery is likely to continue in the second half of this year, supported by strong domestic demand and an upswing in investment.
German current account surplus widened in September
The non-seasonally adjusted current account surplus in Germany rose to €25.40 billion in September, following a revised current account surplus of €18.00 billion in the prior month. Markets were anticipating the nation to post a current account surplus of €23.50 billion.
German exports declined less than expected in September
On a monthly basis in Germany, the seasonally adjusted exports slid 0.40% in September, less than market expectations for a fall of 1.30%. Exports had advanced by a revised 2.00% in the previous month.
German trade surplus rose in September
Germany has reported the seasonally adjusted trade surplus of €24.10 billion in September, compared to a revised trade surplus of €20.10 billion in the previous month. Market expectation was for a trade surplus of €22.30 billion.
German imports unexpectedly eased in September
In September, the seasonally adjusted imports unexpectedly eased 1.00% on a monthly basis in Germany, lower than market expectations for a rise of 0.30%. In the previous month, imports had registered a revised rise of 0.80%.
Swiss unemployment rate remained unchanged in October
In Switzerland, the seasonally adjusted unemployment rate remained flat at a level of 3.10% in October, in line with market expectations.
US continuing jobless claims rose in the last week
The seasonally adjusted continuing jobless claims in the US recorded a rise to 1901.00 K in the week ended 28 October 2017, compared to a reading of 1884.00 K in the prior week. Markets were anticipating continuing jobless claims to climb to a level of 1885.00 K.
US wholesale inventories rose as expected in September
The seasonally adjusted final wholesale inventories recorded a rise of 0.30% in the US on a monthly basis in September, at par with market expectations. The preliminary figures had also recorded a rise of 0.30%. The wholesale inventories had climbed by a revised 0.80% in the prior month.
US initial jobless claims climbed in the last week
The seasonally adjusted initial jobless claims recorded a rise to 239.00 K in the US, in the week ended 04 November 2017, compared to a reading of 229.00 K in the previous week. Market anticipation was for initial jobless claims to rise to a level of 232.00 K.
Canadian new housing price index rose as expected in September
The new housing price index registered a rise of 0.20% on a monthly basis in September, in Canada, at par with market expectations. The new housing price index had registered a rise of 0.10% in the prior month.
Canadian new housing price index rose as expected in September
The new housing price index in Canada registered a rise of 3.80% on a YoY basis in September, at par with market expectations. In the prior month, the new housing price index had registered a similar rise.
Japanese corporate bankruptcies rose in October
Corporate bankruptcies registered a rise of 7.32% in Japan on an annual basis, in October. Corporate bankruptcies had registered a rise of 4.62% in the prior month.
Japanese Eco Watchers Survey for future outlook climbed in October
In October, Eco Watchers Survey for the future outlook registered a rise to 54.90 in Japan, compared to market expectations of a rise to 51.50. In the prior month, Eco Watchers Survey for the future outlook had registered a reading of 51.00.
Japanese Eco Watchers Survey for current situation recorded an unexpected rise in October
Eco Watchers Survey for the current situation in Japan rose unexpectedly to a level of 52.20 in October, higher than market expectations of a fall to 50.80. In the prior month, Eco Watchers Survey for the current situation had recorded a reading of 51.30.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
