Economic News

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Consumer sentiment in the U.S. improved by more than previously estimated in the month of October, according to a report released by Thomson Reuters and the University of Michigan on Friday. The report said the final reading on the consumer sentiment index for October came in at 86.9 compared to the mid-month reading of 86.4. Read more...
Italy's consumer prices rose unexpectedly in October, preliminary figures from the statistical office ISTAT showed Friday. The consumer price index edged up 0.1 percent annually following 0.2 percent fall in September. Economists had forecast a 0.1 percent drop. The latest increase in prices was the... Read more...
Japan's housing starts declined further in September, data from the Ministry of Land, Infrastructure, Transport and Tourism showed Friday. Housing starts slid 14.3 percent year-on-year in September after easing 12.5 percent in August. Nonetheless, it was slower than a 17.2 percent decline forecast... Read more...
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Business activity in the Chicago area unexpectedly increased at a notably faster rate in the month of October, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer jumped to 66.2 in October from 60.5 in September. Read more...
Business activity in the Chicago area unexpectedly increased at a notably faster rate in the month of October, according to a report released by MNI Indicators on Friday. Read more...
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Personal spending in the U.S. unexpectedly decreased in the month of September, according to a report released by the Commerce Department on Friday, with the drop in spending accompanied by weaker than expected personal income growth. Read more...
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Eurozone inflation rose slightly in October but it remained consistently below 1 percent, signifying the risk of deflation in the currency bloc. At the same time, the unemployment rate held steady at an elevated level in September. Inflation rose marginally to 0.4 percent in October from 0.3 percent in September, flash data from Eurostat showed Friday. Read more...
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Russia's central bank lifted its key rate sharply by a bigger-than-expected 150 basis points to counteract the slide in ruble and rising inflation. The Bank of Russia decided on Friday to raise its key rate to 9.50 percent from 8 percent. The bank was expected to hike its rate by 50 basis points. This was the fourth interest rate increase this year. Read more...
Hungary's industrial producer prices fell for the seventh consecutive month in September, figures from the Hungarian Central Statistical Office showed Friday. The producer price index dropped 0.7 percent year-on-year following 0.4 percent fall in August. Prices have been declining since May. Month-on-month,... Read more...

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The Bank of Japan expanded its massive quantitative and qualitative easing unexpectedly as policymakers assessed it necessary to achieve the 2 percent inflation target even after a sales tax hike in April. In a 5-4 vote, the Policy Board led by Governor Haruhiko Kuroda decided to raise the monetary base at an annual pace of about JPY 80 trillion. Read more...
Singapore's unemployment edged down unexpectedly in the third quarter, preliminary figures released by the Ministry of Manpower (MOM) revealed Friday. The overall jobless rate decreased to 1.9 percent quarter-over-quarter in the September quarter from 2 percent in the second quarter. Economists had... Read more...
The Bank of Japan expanded its quantitative and qualitative easing unexpectedly on Friday. In a 5-4 vote, the Policy Board decided to raise the monetary base at an annual pace of about JPY 80 trillion. The earlier plan was to increase it by about JPY 60-JPY 70 trillion. The bank will lift purchases... Read more...
Personal spending in the U.S. unexpectedly decreased in the month of September, according to a report released by the Commerce Department on Friday, with the drop in spending accompanied by weaker than expected personal income growth. Read more...
The euro area jobless rate remained stable at 11.5 percent in September, Eurostat reported Friday. The rate came in line with expectations. Compared with August, the number of persons unemployed decreased by 19,000 in September. On a yearly basis, unemployment plunged 826,000. The youth unemployment... Read more...
Eurozone inflation rose slightly in October as expected by economists, flash data from Eurostat showed Friday. Inflation rose to 0.4 percent in October from 0.3 percent in September. It has been below the 2 percent ceiling since February 2013. Core inflation, which excludes energy, food, alcohol... Read more...
Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Sunday ,Nov.2
21:45
PMI Manufacturing
OCT F
50.7
50.2
China

The major U.S. index futures are pointing to a sharply higher opening on Friday, with sentiment reflecting optimism over accommodative central bank stance after the Bank of Japan surprised the markets with an unexpected easing. The message seems to be going out loud and clear that central banks will...