Economy And The Numbers

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EEP1-091614_19Dec14.jpg After the Swiss National Bank sprang in a surprise yesterday by announcing negative interest rates, the markets turn to Friday's Main Street events for additional directional cues. Following up yesterday's Swiss central bank announcement, the U.K. reported an unexpected quickening in retail sales...

Bank-Of-Japan-121914.jpg The Bank of Japan decided to leave its monetary stimulus unchanged in order to assess the impact of its past massive easing. The unchanged stance came despite falling oil prices posing a threat to the central bank's 2 percent inflation target. The Policy Board of the BoJ on Friday voted 8-1 to maintain the annual pace of increase in the monetary base at about JPY 80 trillion.

A leading index that predicts economic performance in the near term declined less than initially estimated in October, final figures from the Cabinet Office showed Friday. The leading Index dropped to 104.5 in October, upwardly revised from the first estimate of 104.0. This marked the lowest reading...

French statistical office INSEE said late Thursday that the country's economic growth is expected to accelerate in 2015, aided by the depreciation of the euro and a fall in crude oil prices. The gross domestic product, or GDP, is expected to see sequential growth of 0.3 percent each in the first two...

India's leading index, which measures the future economic activity, increased in November after declining in the previous month, figures from the Conference Board showed Friday. The Conference Board leading index rose 1.2 percent in November, in contrast to a 1.0 percent fall in October. Out of the...

Japan all industry activity dropped slightly in October after recovering in the previous month, figures from the Ministry of Economy, Trade and Industry showed Friday. The all industry activity index fell 0.1 percent month-on-month in October, reversing a revised 1.4 percent gain in September. Economists...

House prices in the U.K. continued to grow in November though the increase in the last quarter slowed, property tracking website Hometrack said on Friday. The asking price for a house in the U.K. rose 8.9 percent year-on-year in November. This follows a 9.2 percent increase in October. But the...

The Bank of Japan announced its decision to leave its monetary policy unchanged in its December meeting on Friday. The bank decided by a 8-1 vote to raise the monetary base at an annual pace of about JPY 80 trillion. Also, the bank lefts its asset purchase policy unchanged. The Bank said that...

China's National Bureau of Statistics revised its 2013 GDP estimate based on results from the latest economic census. The revised GDP for 2013 was CNY 58.8 trillion. This was 3.4 percent more than the CNY 56.8 trillion estimated earlier. The primary industry and the secondary industry accounted...

New Zealand job ads declined at a slower rate in November, the results of a survey by ANZ showed Friday. Total job ads fell by a seasonally adjusted 0.1 percent month-over-month in November following the 0.3 percent decline in October. The upward trend in the index has flattened out somewhat after...

New Zealand's credit card spending increased at a slower rate in November, data from the Reserve Bank of New Zealand showed Friday. Total credit card billing grew 5.2 percent year-over-year in November following the 6.8 percent rise in October. On a month-over-month basis, credit card spending...

Business confidence in New Zealand tumbled in December, the latest survey from ANZ Bank revealed on Friday. The business confidence index fell to 30.4 from 31.5 in November. Business confidence is still elevated, despite dipping a tad in December, ANZ said in a statement accompanying the data. The...

An index measuring consumer confidence in the United Kingdom declined in December, the latest survey from polling company GfK revealed on Friday, with a nine-month low score of -4. That missed forecasts for -1, and it slid further into pessimism from the -2 reading in November. "After seven months...

LeadingIndicator-121814.jpg Signaling continued moderate growth through the winter, the Conference Board released a report on Thursday showing that its index of leading U.S. economic indicators increased in line with estimates in the month of November.

PhiladelphiaFed-121814.jpg While the Federal Reserve Bank of Philadelphia released a report on Thursday showing a continued increase in regional manufacturing activity in the month of December, the pace of growth in the sector slowed substantially.