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U.S. Wholesale Inventories Jump Much More Than Expected In January

Wholesale inventories in the U.S. increased by much more than anticipated in the month of January, according to a report released by the Commerce Department on Friday. The report said wholesale inventories surged up by 1.2 percent in January after jumping by 1.1 percent in December. Read more...

Malaysia Consumer Price Decline Slows In February

Malaysia's consumer prices declined at a slower pace in February, as a decrease in transport costs was offset by increases in utility and food prices, figures from the Department of Statistics showed on Friday. The consumer price index fell 0.4 percent year-on-year in February after a 0.7 percent... Read more...

Eurozone Current Account Surplus Rises In January

Eurozone's current account surplus grew in January from the previous month, preliminary data from the European Central Bank showed on Friday. The current account surplus rose to EUR 37 billion from EUR 16 billion in December. Surpluses in goods, services and primary income accounts were partly... Read more...

US / CANADA

U.S. Existing Home Sales Rebound To Eleven-Month High In February

After reporting existing home sales at their lowest level in over three years in the previous month, the National Association of Realtors released a report on Friday showing a substantial rebound in existing home sales in the month of February. Read more...

U.S. Leading Economic Index Rises Slightly More Than Expected In February

Reflecting accommodative financial conditions and a rebound in stock prices, the Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators rose for the first time in five months in February. Read more...

Philadelphia Manufacturing Activity Rebounds After Unexpected Contraction

After reporting an unexpected contraction in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing its index of manufacturing activity rebounded by much more than anticipated in March. Read more...

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EUROPE

German Private Sector Growth Weakest In Nearly 6 Years

Germany's private sector grew at its slowest pace in nearly six years, led by a sharp decline in manufacturing, flash data from IHS Markit revealed on Friday. The composite output index fell to a 69-month low of 51.5 in March from 52.8 in February. Economists had forecast a rise of 52.7. Any... Read more...

France Private Sector Activity At 2-Month Low

France private sector activity dropped to its lowest level in two months in March with both manufacturing and services falling, amid an intensified decline in new order and exports, survey data from IHS Markit showed on Friday. The flash Composite Purchasing Managers' Index, or PMI, which combines... Read more...

Eurozone Private Sector Growth Slows Led By Worsening Manufacturing Downturn

Eurozone private sector expanded at the slowest pace in two months in March, amid a deepening downturn in manufacturing, defying expectations for a modest improvement, suggesting that the growth momentum is set to remain sluggish in the 19-nation economy. The flash Eurozone Composite Purchasing Managers' Index rose to a two-month low of 51.3 from 51.9 in February. Read more...

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ASIA

Japan Manufacturing PMI Unchanged At 48.9 In March - Nikkei

The manufacturing sector in Japan continued to contract at a steady pace, the latest survey from Nikkei revealed on Friday with a manufacturing PMI score of 48.9. That's unchanged from the February reading and it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Individually,... Read more...

Japan Overall Inflation Rises Just 0.2% On Year In February

Overall nationwide inflation in Japan was up 0.2 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday. That was shy of expectations for an increase of 0.3 percent and unchanged from the January reading. Core inflation, which excludes volatile food prices,... Read more...

Japan Consumer Price Data Due On Friday

Japan will on Friday release February figures for nationwide consumer prices, highlighting a modest day for Asia-Pacific economic activity. Overall inflation is tipped to add 0.3 percent on year, up from 0.2 percent in January. Core CPI, which excludes volatile food prices, is called steady at 0.8... Read more...

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GLOBAL ECONOMICS

Eurozone Private Sector Growth At 2-month Low

Eurozone private sector expanded at the slowest pace in two months in March amid a deepening downturn in manufacturing, defying expectations for a modest improvement, flash data from IHS Markit's purchasing managers' survey showed on Friday. The flash Eurozone Composite Purchasing Managers' Index... Read more...

BoE Holds Policy Steady As Survey Shows Firms Preparing For Disorderly Brexit

Bank of England policymakers decided that it was appropriate to keep the interest rate and monetary stimulus unchanged this month as UK lawmakers scramble to secure an extension of the deadline for leaving the European Union. The bank also released results of a survey which showed that "a significantly greater number of companies had judged themselves ready for a no-deal, no-transition Brexit. Read more...

U.S. Weekly Jobless Claims Drop More Than Expected To 221,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended March 16th. The report said initial jobless claims dropped to 221,000, a decrease of 9,000 from the previous week's revised level of 230,000. Read more...

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Friday ,Mar.22