logo

Economic News

Share

Germany's wholesale prices rose at a slower pace in September, data from Destatis revealed Thursday. Wholesale price inflation slowed to 3.5 percent from 3.8 percent in August. The wholesale price growth in September was largely influenced by a 19.4 percent surge in solid fuels and petroleum... Read more...

South Korea's central bank decided to maintain its interest rate citing worsening outlook for the economy. The Monetary Policy Board of the Bank of Korea, on Thursday, decided to leave the Base Rate unchanged at 1.50 percent. The bank noted that although the domestic economy sustained a rate... Read more...

The unemployment rate in Australia came in at a seasonally adjusted 5.0 percent in September, the Australian Bureau of Statistics said on Thursday. That was beneath expectations for 5.3 percent, which would have been unchanged. The Australian economy added 5,600 jobs last month - shy of expectations... Read more...

eccles-building-101718.jpg

Amid recent concerns the Federal Reserve may raise interest rates more aggressively than currently anticipated, the minutes of the central bank's September monetary policy meeting showed members continue to favor a "gradual approach" to hiking rates. Read more...

housing-starts-101718.jpg

After reporting a substantial increase in new residential construction in the previous month, the Commerce Department released a report on Wednesday showing a bigger than expected pullback in U.S. housing starts in the month of September. Read more...

After reporting a substantial increase in new residential construction in the previous month, the Commerce Department released a report on Wednesday showing a bigger than expected pullback in U.S. housing starts in the month of September. Read more...

View All
preview-oct01_18oct18.jpg

Retail sales from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's wholesale prices for September. Prices had increased 0.3 percent on month in August. Read more...

Turkey's retail sales growth slowed sharply in August reflecting a decline in non-food sales, figures from Turkstat showed Wednesday. The retail sales volume at constant prices grew a calendar-adjusted 1.3 percent year-on-year in August, after rising 2.8 percent in July. Sales growth of food, tobacco... Read more...

ukinflation-oct17.jpg

UK inflation slowed more-than-expected in September on falling food prices, giving space for the Bank of England to wait-and-watch for the outcome of Brexit negotiations. Consumer price inflation eased to 2.4 percent from 2.7 percent in August, figures from the Office for National Statistics showed Wednesday. Read more...

View All

Japan posted a merchandise trade surplus of 139.6 billion yen in September, the Ministry of Finance said on Thursday. That exceeded expectations for a deficit of 45.1 billion yen following the 444.6 billion yen shortfall in August. Exports were down 1.2 percent on year, shy of forecasts for an... Read more...

Australia will on Thursday release unemployment data for September, highlighting a busy day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 5.3 percent, with the addition of 15,000 jobs following the gain of 44,000 jobs in August. The participation rate is called... Read more...

Singapore's non-oil domestic exports grew at a faster pace in September on robust non-electronic shipments, figures from Enterprise Singapore showed Wednesday. NODX advanced 8.3 percent annually in September, following the 5 percent expansion seen in August. Non-electronic exports continued to... Read more...

View All

Slovakia's EU measure of inflation slowed in September, data from the Statistical Office of the Slovak Republic showed Wednesday. The harmonized index of consumer prices, or HICP, grew 2.7 percent annually in September, after rising 2.9 percent in August. The agency reported earlier that the overall... Read more...

South Africa's retail sales grew at the fastest pace in three months in August, Statistics South Africa reported Wednesday. Retail sales climbed 2.5 percent year-on-year, following July's 1.4 percent rise. This was the fastest annual growth in three months and came in contrast to the expected fall... Read more...

Eurozone consumer price inflation accelerated in September to exceed the European Central Bank's target of "below, but close to 2 percent", in line with initial estimates, latest data from the Eurostat showed on Wednesday. The consumer price index rose 2.1 percent year-on-year following a 2 percent increase in August. In July, inflation was 2.1 percent. Read more...

View All
Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Thursday ,Oct.18
Consumer Confidence Index
OCT
 
 
82.1
Brazil
02:00
Wholesale Price Index (Y-o-Y)
SEP
3.5 %
 
3.8 %
Germany
04:30
Retail Sales (M-o-M)
SEP
 
-0.7 %
0.3 %
UK
04:30
Retail Sales (Y-o-Y)
SEP
 
 
3.3 %
UK
08:30
Philly Fed's Mfr Index - Business Condition
OCT
 
 
15.3
United States
08:30
Initial Jobless Claims
OCT 13
 
210 K
214 K
United States
10:00
Leading Index
SEP
 
 
0.4 %
United States
10:30
EIA Natural Gas Inventory (Cubic Feet)
OCT 12
 
 
2956 B
United States
19:30
CPI (M-o-M)
SEP
 
 
0.5 %
Japan
19:30
CPI (Y-o-Y)
SEP
 
1.35 %
1.3 %
Japan
19:30
Core CPI (M-o-M)
SEP
 
 
0.2 %
Japan
22:00
Industrial Production (Y-o-Y)
AUG
 
6 %
6.1 %
China
22:00
Retail Sales (Y-o-Y)
AUG
 
8.9 %
9.0 %
China
22:00
GDP (Y-o-Y)
Q3
 
6.60 %
6.7 %
China
View All
Follow RTT

Profit Taking May Lead To Pullback On Wall Street

The major U.S. index futures are pointing to a lower opening on Wednesday, with stocks likely to give back ground after moving sharply higher in the previous session. Profit taking may contribute to initial weakness on Wall Street, as traders cash in on yesterday’s gains amid lingering uncertainty...
View All