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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone retail PMI fell in January
The retail PMI recorded a drop to 50.80 in the Euro-zone, in January. In the previous month, the retail PMI had registered a level of 53.00.
German factory orders advanced more than expected in December
On an annual basis, in Germany, the non-seasonally adjusted factory orders rose 7.20% in December, higher than market expectations for a rise of 3.10%. In the previous month, factory orders had risen by a revised 9.10%.
German factory orders rose more than expected in December
On a monthly basis, the seasonally adjusted factory orders rose 3.80% in December, in Germany, more than market expectations for a rise of 0.70%. Factory orders had registered a revised drop of 0.10% in the previous month.
French budget deficit dropped in December
Budget deficit in France narrowed to €67.80 billion in December. France had posted a budget deficit of €84.70 billion in the previous month.
US trade deficit widened in December
The US has reported trade deficit of $53.10 billion in December, from a revised trade deficit of $50.40 billion in the prior month. Market anticipation was for a trade deficit of $ 52.10 billion.
US JOLTs job openings dropped in December
US JOLTs job openings fell to a level of 5811.00 K in December, compared to a revised reading of 5978.00 K in the prior month. Markets were expecting JOLTs job openings to drop to a level of 5961.00 K.
Canadian Ivey PMI declined in January
In Canada, the seasonally adjusted Ivey PMI registered a drop to 55.20 in January, compared to a level of 60.40 in the previous month.
Canadian Ivey PMI climbed in January
The non-seasonally adjusted Ivey PMI climbed to 51.30 in Canada, in January. Ivey PMI had recorded a level of 49.30 in the prior month.
Canadian international merchandise trade deficit expanded in December
The international merchandise trade deficit in Canada widened to C$3.19 billion in December, compared to a revised international merchandise trade deficit of C$2.71 billion in the previous month. Markets were anticipating the nation to record an international merchandise trade deficit of C$2.32 billion.
Japanese foreign exchange reserves advanced in January
Foreign exchange reserves in Japan rose to a level of $ 1268.50 billion in January. Foreign exchange reserves had recorded a level of $ 1264.30 billion in the prior month.
Japanese labour cash earnings rose more than expected in December
On a YoY basis, labour cash earnings advanced 0.70% in December, in Japan, higher than market expectations for an advance of 0.50%. In the prior month, labour cash earnings had registered a rise of 0.90%.
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