USA Gross Domestic Product Annualized
National Income and Product Accounts Gross Domestic Product: First Quarter 2017 (Second Estimate) Corporate Profits: First Quarter 2017 (Preliminary Estimate) Real gross domestic product (GDP) increased at an annual rate of 1.2 percent in the first quarter of 2017 (table 1), according to the "second" estimate released by the Bureau of Economic Anal...
Weekly Trading Forecast: Potent Event Risk Portends Volatility
Financial markets face a steady stream of heavy duty scheduled event risk that is likely to make for ample volatility across the asset spectrum in the week ahead. US Dollar Forecast: US Dollar Faces Trial By Fire as Top Tier Data Hits the Wires The US Dollar faces a challenging week ahead as a steady stream of top-tier economic data and lingering p...
Pound in Free Fall on Election Jitters
The free fall in the Pound is seen as a result of heightened uncertainty over the election in June. Latest YouGov poll published late on Thursday showed that 43% voters plan to vote for Prime Minister Theresa May's Conservative Party. That compares to the support for Labour Party at 38%. That is, just a mere 5% lead. Back in April when May announce...
Italy's consumer confidence weakened in May to the lowest level in nearly two-and-a-half years, survey figures from the statistical office Istat showed Friday. The consumer confidence index fell to 105.4 in May from 107.4 in April. Economist had expected the index to drop marginally to 107.3. Moreover, the latest reading was the lowest since Januar
Majors have been quite active during the past two sessions, although the EUR/USD pair was unable to attract interest. An early decline was contained by buyers around 1.1180, advancing early Europe as the greenback retains its weak tone, advancing only when a rival gets sold. Local share markets are under pressure, as OPEC's disappointing announceme...
Slovakia's producer price inflation slowed in April after accelerating sharply in the previous two months, preliminary data from the Statistical Office of the Slovak Republic showed Friday. Overall producer prices rose 3.5 percent year-on-year following 3.8 percent increase in March. In February, prices climbed 3.2 percent. Domestic market producer
Hungary's unemployment rate increased in the three months ended April, though marginally, figures from the Hungarian Central Statistical Office showed Friday. The jobless rate edged up to 4.6 percent in the February to April period from 4.5 percent in the January to March period. Meanwhile, economists had expected the rate to fall to 4.4 percent. I
Singapore's industrial production growth eased at a slower-than-expected pace in April, preliminary data from the Economic Development Board showed Friday. Industrial production climbed climbed 6.7 percent year-over-year in April, well below the 11.0 percent spike in March, which was revised up from a 10.2 percent growth reported earlier. Economist
Mexico's foreign trade balance turned to a surplus in April from a deficit in the previous year, as exports rose and imports fell,figures from the statistical office INEGI showed Thursday. The trade balance showed a surplus of $617 million in April versus a deficit of $2.1 billion in the corresponding month of 2016. Economists had expected the defi
2015-16 KEY INDUSTRY POINTS The estimates in this publication cover the performance of selected industries compiled from the annual Economic Activity Survey (EAS). For more information about the scope and coverage of the EAS please refer to the Explanatory Notes. The Rental, hiring and real estate services industry grew strongly across all key data
Overall consumer prices in Japan gained 0.4 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and up from 0.2 percent in March. Core consumer prices were up 0.3 percent on year - shy of forecasts for 0.4 percent and up from 0.2 percent in the previous month. On a monthly
Overall consumer prices in Japan were up 0.4 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and up from 0.2 percent in March. Core consumer prices were up 0.3 percent on year - shy of forecasts for 0.4 percent and up from 0.2 percent in the previous month. On a monthl
Producer prices in Japan were up 0.7 percent on year in April, the Bank of Japan said on Friday. That was shy of expectations for an increase of 0.9 percent, and was down from 0.8 percent in March. On a monthly basis, producer prices dipped 0.2 percent after jumping 0.6 percent in the previous month. Prices for advertising, insurance and engineerin