Global Economic News


Japan posted a merchandise trade deficit of 449.3 billion yen in October, the Ministry of Finance said on Monday. That missed forecasts for a shortfall of 70.0 billion yen following the 131,3 billion yen surplus in September. Exports were up 8.2 percent on year, shy of expectations for an increase...

The input producer price index climbed 1.4 percent on quarter, Statistics New Zealand said on Monday - up from 1.0 percent in the previous three months. The output producer price index advanced 1.5 percent on quarter, accelerating from 0.9 percent in the three months prior. On a yearly basis, PPIU...

Japan will on Monday release October figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to climb 14.1 percent on year after rising 7.0 percent in September. Exports are called higher by an annual 8.9 percent after dipping...

industrial-production-111618.jpg Industrial production in the U.S. increased marginally in October, falling short of expectations, according to a report released by the Federal Reserve on Friday.

preview3_16nov18.jpg Hong Kong's economic growth slowed sharply in the third quarter on weaker consumption, figures from the Census and Statistics Department showed on Friday. Gross domestic product grew 2.9 percent year-on-year following a 3.5 percent expansion in the second quarter. The latest pace of growth was the slowest since 2016.

ecb-dragi-030817_16nov18.jpg Eurozone's growth would continue at a gradual pace, but there was a chance that core inflation may be slow in picking up in future, if uncertainty regarding the economic situation persisted, European Central Bank President Mario Draghi warned on Friday. "There is certainly no reason why the expansion in the euro area should abruptly come to an end," Draghi said in a speech.

businessinventories-111518.jpg Business inventories in the U.S. increased in line with economist estimates in the month of September, according to a report released by the Commerce Department on Thursday.

empirestate-manufacturing-111518.jpg A report released by the Federal Reserve Bank of New York on Thursday showed the pace of growth in New York manufacturing activity unexpectedly accelerated in the month of November.

philadelphia-fed-111518.jpg Growth in Philadelphia-area manufacturing activity slowed by much more than expected in the month of November, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

import-export-111518.jpg A report released by the Labor Department on Thursday showed U.S. import and export prices both rose by more than expected in the month of October.

reatil-sales-111518.jpg Retail sales in the U.S. increased by more than anticipated in the month of October, the Commerce Department revealed in a report released on Thursday. The Commerce Department said retail sales advanced by 0.8 percent in October following a revised 0.1 percent dip in September.

jobless-claims-111518.jpg First-time claims for U.S. unemployment benefits unexpectedly showed a slight increase in the week ended November 10th, according to a report released by the Labor Department on Thursday.

bankindonesia-nov15.jpg Indonesia's central bank hiked its key interest rate unexpectedly in November, after leaving unchanged in October following two hikes, as it tries to lower the country's current account deficit. The Board of Governors hiked the 7-day reverse repo by 25 basis points to 6 percent, Bank Indonesia said on Thursday.

philippinescentralbank-nov15.jpg The Philippines' central bank unexpectedly raised its key interest rate on Thursday for a fifth consecutive session, citing upside risks to the inflation outlook. The Monetary Board, led by Governor Nestor Espenilla Jr., raised its benchmark interest rate by 25 basis points to 4.75 percent, the Bangko Sentral Ng Pilipinas said. Economists had expected the bank to leave rates unchanged.

ukretails-aug16_15nov18.jpg UK retail sales declined for a second straight month in October, defying expectations for an increase, amid a sharp decrease in sales of household goods, preliminary data from the Office for National Statistics showed on Thursday. Sales volume including automotive fuel dropped 0.5 percent from September, when they fell 0.4 percent, revised from a 0.8 percent slump.

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