logo

Economic News

Share SHARE

Eurozone consumer confidence strengthened for a third straight month in October to its highest level since 2001, preliminary data from the European Commission showed Monday. The flash consumer confidence index rose to -1 from -1.2 in September, marking the highest score since April 2001, when it... Read more...

Taiwan's industrial production grew at the fastest pace in seven months in September, the Ministry of Economic Affairs said Monday. Industrial output grew 5.24 percent annually, bigger than the 3.29 percent rise posted in August and the fastest since February, when it grew 10.71 percent. Economists... Read more...

The Ibovespa lost steam at the end of the trading session but kept rising (+0.14%), closing at 76,390.11 pointson Friday. In the week, the benchmark stock index in Brazil posted a 0.78% fall. In the external field, uncertainty over who will be the new head of the U.S. Federal Reserve impacted the... Read more...

ExistingHomeSales-102017.jpg

After reporting U.S. existing home sales at their lowest level in a year in the previous month, the National Association of Realtors released a report on Friday showing an unexpected rebound in existing home sales in the month of September. NAR said existing home sales climbed by 0.7 percent. Read more...

More

The German economy is set to continue to expand sharply in the third quarter driven by the industrial sector, Bundesbank said in its monthly report on Monday. The industrial sector is likely to maintain its role as a crucial pillar of strong economy. The industrial activity is buoyant by export demand,... Read more...

UK firms reported slower growth in factory orders in October, the Industrial Trends Survey from the Confederation of British Industry showed Monday. The order book balance fell to -2 percent in October, the lowest since November, from +7 percent in September. While October's survey was disappointingly... Read more...

Iceland's wage growth accelerated slightly in September after remaining stable in the prior month, figures from Statistics Iceland showed Monday. The wage index climbed 7.4 percent year-over-year in September, following a 7.2 percent rise in August. On a monthly basis, wage index increased 0.8... Read more...

More

Bank Indonesia is likely to consider interest rate cuts most probably early next year, as inflationary pressures are under control but the economy continues to struggle, Gareth Leather, an economist at Capital Economics, said. The central bank decided to retain its seven-day reverse repurchase rate... Read more...

Taiwan's unemployment decreased unexpectedly in September, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Monday. The seasonally adjusted jobless rate fell to 3.71 percent in September from 3.76 percent in August. Meanwhile, economists had expected the rate... Read more...

Hong Kong's consumer price inflation eased for the second straight month in September, figures from the Census and Statistics Department showed Monday. The consumer price index climbed 1.4 percent year-over-year in September, slower than the 1.9 percent increase in August. The measure has been rising... Read more...

More

Lithuania's industrial production expanded notably in September from a year ago, figures from the Department of Statistics showed Monday. Industrial production climbed a working-day-adjusted 7.7 percent year-over-year in September. On an unadjusted basis, production grew by 4.8 percent. The growth... Read more...

Turkey's consumer confidence declined further in October to the weakest level in eight months, survey data from the Turkish Statistical Institute showed Monday. The consumer confidence index fell to 67.3 in October from 68.7 in September. Moreover, this was the lowest reading since February, when... Read more...

Denmark's consumer confidence weakened for the third straight month in October, though slightly, survey figures from Statistics Denmark showed Monday. The consumer confidence index dropped to 7.1 in October from 7.3 in September. In August, the score was 7.6. Consumers' financial situation over... Read more...

More

Bank Indonesia is likely to consider interest rate cuts most probably early next year, as inflationary pressures are under control but the economy continues to struggle, Gareth Leather, an economist at... Read more...

The Bank of Korea is likely to keep the policy rate at 1.25 percent not just for the rest of this year, but also in 2018, Gareth leather and Shilan Shah, economists at Capital Economics, said. On October... Read more...

The modest rise in headline and underlying price pressures in the third quarter suggest that interest rates may increase a little bit earlier than the Reserve Bank of New Zealand's current suggestion of... Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Monday ,Oct.23
M3 Money Supply (M-o-M)
SEP
-0.1 %
 
0.5 %
Switzerland
M3 Money Supply (Y-o-Y)
SEP
4.4 %
 
4.1 %
Switzerland
Official Foreign Reserves
AUG
$ 792.30 M
 
$ 786.17 M
Switzerland
01:00
Leading Index
AUG F
107.2
 
105.2
Japan
08:30
Wholesale Sales (M-o-M)
SEP
0.5 %
 
1.8 (R) %
Canada
10:00
Consumer Confidence Index
OCT P
-1.0
-1.2
-1.2
Eurozone
10:30
CB Coincidence Index
AUG
0.2 %
 
0.2 %
Australia
10:30
CB Leading Index
AUG
0.1 %
 
0.2 (R) %
Australia
20:30
PMI Manufacturing
OCT P
 
53.5
52.9
Japan
More

Futures Pointing To Initial Strength On Wall Street

The major U.S. index futures are pointing to a slightly higher opening on Monday, with stocks poised to extend the upward trend seen over the past several sessions. Stocks moved mostly higher over the course of the trading session on Friday following the mixed performance seen in the previous session....
More