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*The economic data chart is for the U.S.
consumer sentiment 032720

Consumer sentiment in the U.S. deteriorated by much more than initially estimated in the month of March, according to revised data released by the University of Michigan on Friday. Read more...

Austria's manufacturing sector shrank in March as the fallout from the coronavirus disease 2019, or covid 19, pandemic led to a reduction in demand and factory closures, data from IHS Markit showed Friday. The headline UniCredit Bank Austria manufacturing Purchasing Managers' Index fell to 45.8 in... Read more...

India's central bank reduced its key interest rates unexpectedly and unveiled measures to improve liquidity, at an unscheduled meeting, to combat the economic downturn caused by the spread of coronovirus. The repo rate was cut by 75 basis points to 4.40 percent, with immediate effect, Reserve Bank... Read more...

personalincome 032720

The Commerce Department released a report on Friday showing personal income in the U.S. increased more than expected in the month of February, while personal spending rose in line with economist estimates. Read more...

The Commerce Department released a report on Friday showing personal income in the U.S. increased more than expected in the month of February, while personal spending rose in line with economist estimates. Read more...

Fitch Ratings affirmed the sovereign ratings of the United States at 'AAA' with a stable outlook, citing its structural strengths. However, the rating agency cautioned that high fiscal deficits and debt, which were rising even before the onset of the huge economic shock precipitated by the coronavirus... Read more...

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Ireland's retail sales declined for the second straight month in February, data from the Central Statistics Office reported on Friday. The retail sales volume decreased 4.3 percent month-on-month in February, following a 0.3 percent fall in January. The value of retail sales fell 4.3 percent monthly... Read more...

Latvia's retail sales grew to the highest in ten months in February, figures from the Central Statistical Bureau showed on Friday. Retail sales increased 5.0 percent year-over-year in February, following a 1.6 percent rise in January. The latest retail sales was the highest since April 2019, when... Read more...

Iceland's consumer price inflation eased in March after rising in the previous month, figures from Statistics Iceland showed on Friday. The consumer price index rose 2.1 percent year-on-year in March, after a 2.4 percent increase in February. Excluding housing cost, inflation was 1.8 percent in... Read more...

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rbi 040617 27mar20

India's central bank reduced its key interest rate unexpectedly and unveiled measures to improve liquidity to combat the economic downturn caused by the spread of coronovirus and preserve financial stability. The Monetary Policy Committee of the Reserve Bank of India voted 4-2 to cut the repo rate by 75 basis points to 4.40 percent, Governor Shaktikanta Das said Friday. Read more...

New Zealand consumer confidence weakened in March, survey data from ANZ showed on Friday. The ANZ-Roy Morgan consumer confidence index fell to 106.3 in March from 122.1 in February. The current conditions index dropped to 114.2 and the future conditions index decreased to 101.0. Consumers' perceptions... Read more...

Singapore's producer prices declined at a faster rate in February, data from the Department of Statistics showed on Friday. The manufactured producer price index fell 2.1 percent year-on-year in February, following a 1.1 percent decline in January. The oil fell 8.9 percent annually in February,... Read more...

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French consumer confidence weakened only slightly in March, survey results from the statistical office Insee showed Friday. The consumer confidence index fell to 103 in March from 104 in February. The indicator was forecast to fall sharply to 92.0. The share of households considering it is a suitable... Read more...

Italy's consumer confidence decreased in March and business confidence declined sharply, survey results from the statistical office c showed Friday. The consumer confidence fell to 101.0 in March from 110.9 in February. The business confidence index decreased to 81.7 in March from 97.8 in the previous... Read more...

Sweden's retail sales rose to the highest level in seven months in February, figures from Statistics Sweden showed on Friday. Retail sales rose a working-day adjusted 2.8 percent year-on-year in February, following a 2.7 percent increase in January. The latest increase in sales was the highest... Read more...

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Profit Taking May Contribute To Pullback On Wall Street

The major U.S. index futures are currently pointing to a substantially lower opening on Friday, with stocks likely to give back ground after moving sharply higher over the past few sessions. Profit taking may contribute to initial weakness on Wall Street, as some traders look to cash in on the strong...
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