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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Italian retail sales unexpectedly slid in October
The seasonally adjusted retail sales in Italy registered an unexpected drop of 1.00% on a monthly basis in October, compared to market expectations for a steady reading. In the previous month, retail sales had recorded a revised rise of 0.80%.
Italian retail sales eased in October
In October, on a YoY basis, the non-seasonally adjusted retail sales in Italy recorded a drop of 2.10%. In the previous month, retail sales had recorded a revised rise of 3.10%.
US JOLTs job openings dropped in October
In the US, JOLTs job openings recorded a drop to 5996.00 K in October, compared to market expectations of a fall to 6135.00 K. JOLTs job openings had recorded a revised reading of 6177.00 K in the previous month.
Japanese domestic corporate goods price index rose more than expected in November
The domestic corporate goods price index advanced 0.40% on a MoM basis in November, in Japan, compared to a rise of 0.30% in the previous month. Market expectation was for the domestic corporate goods price index to advance 0.20%.
Japanese machine tool orders advanced in November
On an annual basis, the preliminary machine tool orders recorded a rise of 46.90% in Japan, in November. Machine tool orders had recorded a rise of 49.80% in the prior month.
Japanese domestic corporate goods price index rose more than expected in November
On an annual basis, the domestic corporate goods price index recorded a rise of 3.50% in Japan, in November, higher than market expectations for an advance of 3.30%. The domestic corporate goods price index had recorded a rise of 3.40% in the previous month.
Japanese net employment outlook climbed in 1Q 2018
In Japan, the net employment outlook climbed to 24.00% in 1Q 2018, compared to a reading of 23.00% in the previous quarter.
Chinese employment outlook dropped in 1Q 2018
In China, employment outlook recorded a drop to 8.00% in 1Q 2018, compared to a level of 9.00% in the prior quarter.
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