Economic News, US Economic News, Global Economic News, Economic Calendar

U.S.

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*The economic data chart is for the U.S.

Eurozone Current Account Surplus Declines In February

The euro area current account surplus declined in February largely due to a fall in the goods trade surplus, data published by the European Central Bank showed on Monday. The current account surplus totaled EUR 26 billion versus a EUR 35 billion surplus in January. The surplus on goods trade fell... Read more...

Japan Has Y663.7 Billion Trade Deficit In March

Japan posted a merchandise trade surplus of 663.7 billion yen in March, the Ministry of Finance said on Monday. That exceeded expectations for a surplus of 490.0 billion yen following the downwardly revised 215.9 billion yen surplus in February (originally 217.4 billion yen). Exports jumped 16.1... Read more...

New Zealand Service Sector Moves To Expansion - BusinessNZ

The service sector in New Zealand swung into expansion territory in March, the latest survey from BusinessNZ revealed on Monday with a Performance of Service Index score of 52.4. That's up from 49.7 in February and it moves above the boom-or-bust line of 50 that separates expansion from contraction. Individually,... Read more...

U.S. / CANADA

U.S. Consumer Sentiment Improves Less Than Expected In April

After reporting a substantial rebound in U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing sentiment has continued to improve in April but by much less than anticipated. Read more...

U.S. Housing Starts Skyrocket To Highest Level Since June 2006

A report released by the Commerce Department on Friday showed a substantial rebound in new residential construction in the U.S. in the month of March. The Commerce Department said housing starts skyrocketed by 19.4 percent to an annual rate of 1.739 million in March after plunging by 11.3 percent to a revised rate of 1.457 million in February. Read more...

U.S. Housing Starts Rebound Much More Than Expected In March

A report released by the Commerce Department on Friday showed a substantial rebound in new residential construction in the U.S. in the month of March. Read more...

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EUROPE

Malta HICP Inflation Steady At 0.1% In March

Malta's EU measure of inflation remained stable in March, data from the National Statistics Office showed on Friday. The EU measure of harmonized index of consumer prices, or HICP, rose 0.1 percent year-on-year in March, same as seen in February. Education cost gained 2.5 percent yearly in March... Read more...

Croatia Consumer Prices Rise For Second Month

Croatia's consumer prices increased for the second straight month in March, figures from the Croatian Bureau of Statistics showed on Friday. The consumer price index rose 1.2 percent year-on-year in March, following a 0.3 percent increase in February. Prices for alcoholic beverages and tobacco... Read more...

Eurozone Trade Surplus Declines In February

The euro area trade surplus declined in February as exports decreased amid rising imports, Eurostat reported Friday. The trade surplus rose to a seasonally adjusted EUR 18.4 billion in February from EUR 28.7 billion in January. Exports decreased 2.5 percent month-on-month, while imports were up... Read more...

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ASIA

Japan Industrial Production Falls Less Than Estimated

Japan's industrial production declined less than estimated in February, final data from the Ministry of Economy, Trade and Industry showed on Monday. Industrial production decreased a seasonally adjusted 1.3 percent month-on-month in February. In the initial estimate, industrial production fell 2.1... Read more...

Japan Trade Data Due On Monday

Japan will on Monday release March figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In February, imports were up 11.8 percent on year and exports were down an annual 4.5 percent for a trade surplus of 217.4 billion yen. Japan also will see... Read more...

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GLOBAL ECONOMICS

Eurozone Inflation Rises As Estimated

Eurozone consumer prices increased as initially estimated in March, final data from Eurostat showed on Friday. Inflation accelerated to 1.3 percent in March from 0.9 percent in February. This was the third consecutive rise in prices and matched flash estimate released on March 31. Meanwhile, core... Read more...

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ANALYST COMMENTS

ECONOMIC CALENDAR

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Monday ,Apr.19