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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone retail PMI climbed in February
The retail PMI advanced to 52.30 in February, in the Euro-zone. The retail PMI had recorded a level of 50.80 in the prior month.
Swiss CPI rose more than expected in February
The consumer price index (CPI) in Switzerland rose 0.40% in February on a MoM basis, compared to a fall of 0.10% in the previous month. Markets were expecting the CPI to climb 0.30.
Swiss EU HICP rose in February
The EU harmonised consumer price index (HICP) climbed 0.30% on a monthly basis, in February, in Switzerland. In the prior month, the EU HICP had dropped 0.50%.
Swiss EU HICP advanced in February
The EU HICP registered a rise of 0.50% in Switzerland on a YoY basis, in February. The EU HICP had advanced 0.80% in the prior month.
Swiss CPI rose as expected in February
On an annual basis, the CPI registered a rise of 0.60% in Switzerland, in February, meeting market expectations. The CPI had advanced 0.70% in the previous month.
US factory orders declined as expected in January
On a monthly basis, factory orders in the US fell 1.40% in January, at par with market expectations. In the previous month, factory orders had climbed by a revised 1.80%.
US non-defence capital goods orders (ex aircraft) fell in January
On a MoM basis, the final non-defence capital goods orders (ex aircraft) slid 0.20% in January, in the US. In the previous month, the non-defence capital goods orders (ex aircraft) had recorded a drop of 0.60%. The preliminary figures had indicated a drop of 0.60%.
US non-defence capital goods shipments (ex aircraft) advanced in January
On a MoM basis, the final non-defence capital goods shipments (ex aircraft) recorded a rise of 0.10% in January, in the US. In the prior month, the non-defence capital goods shipments (ex aircraft) had risen by a revised 0.70%. The preliminary figures had recorded a rise of 0.70%.
US durable goods orders declined as expected in January
On a MoM basis in the US, the final durable goods orders eased 3.60% in January, compared to a revised rise of 2.60% in the previous month. Market expectation was for durable goods orders to ease 3.60%. The preliminary figures had indicated a drop of 3.70%.
US durable goods orders (ex transportation) dropped in January
The final durable goods orders (ex transportation) in the US slid 0.30% in January, on a MoM basis. Durable goods orders (ex transportation) had recorded a rise of 0.70% in the previous month. The preliminary figures had also recorded a drop of 0.30%.
Canadian Ivey PMI advanced in February
In February, the seasonally adjusted Ivey PMI climbed to 59.60 in Canada, compared to a level of 55.20 in the prior month.
Canadian Ivey PMI rose in February
In February, the non-seasonally adjusted Ivey PMI registered a rise to 58.40 in Canada, compared to a reading of 51.30 in the prior month.
Japanese foreign exchange reserves declined in February
Foreign exchange reserves recorded a drop to $1261.70 billion in February, in Japan. In the prior month, foreign exchange reserves had registered a reading of $1268.50 billion.
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