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Economy And The Numbers

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Philippine foreign trade deficit increased more-than-expected in March, preliminary figures from the Philippine Statistical Authority showed Wednesday. The trade deficit widened notably to EUR 1.7 billion in March from EUR 257 million in the corresponding month of the previous year. Economists had...

EEP10-011515_25May16.jpg Business and consumer sentiment survey results are due from Germany on Wednesday, headlining a light day for the European economic news.

The total value of construction work done in Australia was down a seasonally adjusted 2.6 percent on quarter in the first three months of 2016, the Australian Bureau of Statistics said on Wednesday - coming in at A$47.928 billion. The headline figure missed forecasts for a decline of 1.5 percent following...

singapore1-081009.jpg Singapore's gross domestic product gained a seasonally adjusted, annualized 0.2 percent on quarter in the first quarter of 2016, the Ministry of Trade and Industry said in Wednesday's final revision. That was up from the flat reading in last month's advance estimate, although it misses expectations...

Singapore's gross domestic product expanded a seasonally adjusted, annualized 0.2 percent on quarter in the first quarter of 2016, the Ministry of Trade and Industry said in Wednesday's final revision. That was up from the flat reading in last month's advance estimate, although it misses expectations...

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade surplus of NZ$292 million in April, Statistics New Zealand said on Wednesday - representing 6.8 percent of exports. The headline figure topped forecasts for a surplus of NZ$25 million and was up from NZ$117 million in March. Exports climbed NZ$166 million...

New Zealand had a merchandise trade surplus of NZ$292 million in April, Statistics New Zealand said on Wednesday. That topped forecasts for a surplus of NZ$25 million and was up from NZ$117 million in March. Exports climbed 4.0 percent on year to NZ$4.30 billion - also exceeding expectations for...

Singapore will on Wednesday release final Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. Forecasts are calling for an increase of 0.8 percent on quarter and 2.0 percent on year - both up from last month's advance estimate that suggested a flat...

newhomeasles-052416.jpg After reporting an unexpected decrease in U.S. new home sales in the previous month, the Commerce Department released a report on Tuesday showing a substantial rebound in sales in the month of April. The Commerce Department said new home sales surged up by 16.6 percent to an annual rate of 619,000 in April.

Hungary's central bank slashed its key interest rate for a third straight month on Tuesday, in line with economists' expectations. The Monetary Council of the Magyar Nemzeti Bank reduced the base rate by 15 basis points to 0.90 percent, effective May 25. In March, the bank had reduced the rate...

Bank of England Governor Mark Carney said the bank is responsible to warn Britons about the risks that would arise if people vote to leave EU in the referendum on June 23. The central bank has responsibility to the British people, who don't want risks kept from them, Carney said at the parliament's...

GermanZEW-052416.jpg German economic sentiment unexpectedly weakened in May as financial experts found it unlikely that the biggest euro area economy would repeat its stellar first quarter performance as the uncertainty linked to the "Brexit" clouded outlook.

Turkey's central bank lowered its key lending rate further, while retaining the repo and borrowing rates on Tuesday. The Monetary Policy Committee of the Turkish central bank trimmed the Marginal Funding Rate by 50 basis points to 9.50 percent from 10 percent as expected by economists. This was the...

Croatia's jobless rate dropped to an eight month low in April, figures from the Croatian Bureau of Statistics showed Tuesday. The unemployment rate fell to 15.9 percent in April from 17.2 percent in March. A similar lower rate was last seen in September 2015 and was the lowest since August 2015. In...

U.K. retail sales volume recovered in May but it was forecast to drop slightly next month, the Distributive Trades Survey from the Confederation of British Industry showed Tuesday. The retail sales balance rose to +7 percent in May from -13 percent in the prior month. Nonetheless, the score was slightly...

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