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Guardian Stockbrokers Key Economic News Tuesday 16 January 2018

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.

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Euro-zone trade surplus rose in November

The seasonally adjusted trade surplus in the Euro-zone widened to €22.50 billion in November, following a trade surplus of €19.00 billion in the prior month. Market anticipation was for the region to record a trade surplus of €22.30 billion.

Euro-zone trade surplus rose in November

In November, the non-seasonally adjusted trade surplus in the Euro-zone rose to €26.30 billion. The Euro-zone had reported a trade surplus of €18.90 billion in the prior month.

Canadian existing home sales rose in December

Existing home sales in Canada registered a rise of 4.50% on a monthly basis, in December. In the previous month, existing home sales had advanced 3.90%.

Japanese domestic corporate goods price index advanced less than expected in December

The domestic corporate goods price index in Japan recorded a rise of 3.10% in December on a YoY basis, less than market expectations for an advance of 3.20%. In the prior month, the domestic corporate goods price index had recorded a revised rise of 3.60%.

Japanese domestic corporate goods price index advanced less than expected in December

The domestic corporate goods price index in Japan registered a rise of 0.20% in December on a MoM basis, lower than market expectations for a rise of 0.40%. The domestic corporate goods price index had climbed by a revised 0.50% in the previous month.

Japanese machine tool orders advanced in December

The preliminary machine tool orders rose 48.30% on a YoY basis in Japan, in December. In the previous month, machine tool orders had risen 46.80%.

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