Global Economic News

Share SHARE

NewHomeSales-102414.jpg While the Commerce Department released a report on Friday showing a modest increase in new home sales in the U.S. in the month of September, the uptick came from a significantly downwardly revised level in August.

UKGDP-102414.jpg The U.K. economy grew at a slower pace in the third quarter in the face of rising uncertainty stemming from global economic conditions, preliminary estimates from the Office for National Statistics Office showed Friday. Gross domestic product climbed 0.7 percent from the second quarter, when it grew 0.9 percent.

GermanGFK-1024114.jpg German consumer climate is set to improve slightly in November, ending the downward trend, as income expectations among households strengthened on the back of the strong labor market situation, survey data revealed Friday.The forward-looking consumer confidence index rose slightly to 8.5 in November from 8.4 in October.

A leading index for China's economy climbed 0.9 percent in September, the latest survey from the Conference Board revealed on Friday - following the 0.7 percent gain in August and the 1.3 percent jump in July. The coincident index advanced 0.5 percent in September following the flat reading in August...

skgdp-042610.jpg South Korea's gross domestic product expanded 0.9 percent on quarter in the third quarter of 2014, the Bank of Korea said in Friday's advance estimate. That follows the 0.5 percent increase in the second quarter and the 0.9 percent gain in Q1. On the expenditure side, private consumption expanded...

South Korea's gross domestic product climbed 0.9 percent on quarter in the third quarter of 2014, the Bank of Korea said in Friday's advance estimate. That follows the 0.5 percent increase in the second quarter and the 0.9 percent gain in Q1. On a yearly basis, GDP jumped 3.2 percent, slowing from...

NZtradebalance-082910.jpg New Zealand posted a merchandise trade deficit of NZ$1.350 billion in September, Statistics New Zealand said on Friday - or 37 percent of the total value of exports. The headline figure was well shy of forecasts for a shortfall of NZ$625 million following the NZ$472 million deficit in August. Exports...

New Zealand had a merchandise trade deficit of NZ$1,350 million in September, Statistics New Zealand said on Friday. That was well shy of forecasts for a shortfall of NZ$625 million following the NZ$472 million deficit in August. Exports were down 5.3 percent on year to NZ$3.61 billion - topping...

South Korea will on Friday release an advance estimate of Q3 gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP was up 0.5 percent on quarter and 0.6 percent on year in the second quarter. New Zealand will provide September figures for imports, exports and trade...

Leadingindex-102314.jpg Suggesting moderate growth in the short-term, the Conference Board released a report on Thursday showing that its index of leading U.S. economic indicators rose by more than economists had anticipated in the month of September.

joblessclaims-102314.jpg After reporting first-time claims for U.S. unemployment benefits at a fourteen-year low in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims rebounded in the week ended October 18th.

UKRetailSales-102314.jpg U.K. retail sales declined more-than-expected in September, driven by a sharp contraction in clothing sales. Retail sales fell 0.3 percent in September from a month ago, when it rose 0.4 percent, the Office for National Statistics said Thursday. This was the first drop in four months. Economists had forecast a 0.1 percent drop for September. Food sales recovered in September.

EurozonePM-102314.jpg The private sector in the eurozone logged a marginal upturn in October helped by an improvement in Germany, while France moved deeper into contraction, flash data from Markit Economics revealed Thursday. The headline flash Markit composite output index rose to 52.2 in October from a 10-month low of 52 in September. The score was forecast to fall to 51.5.

china1-230913.jpg China's manufacturing sector continued to expand at a slightly accelerated pace in October, the latest survey from HSBC Bank revealed in Thursday's preliminary reading with a PMI score of 50.4. Now at a three-month high, the October score is up marginally from 50.2 in September. A score above 50...

japanindustry-032910.jpg Japan's manufacturing sector continued to expand at an accelerated pace in October, the latest survey from Markit Economics revealed in Thursday's preliminary reading with a PMI score of 52.8. That follows the reading of 51.7 in September. A score above 50 signals expansion in a sector, while a...