Forex News from InstaForex

Japan Industrial Production Adds 0.7% In August

Industrial production in Japan was up 0.7 percent on month in August, the Ministry of Internal Affairs and Communications said in Friday's preliminary reading.

That was shy of forecasts for an increase of 1.4 percent following the 0.1 percent decline in July.

On a yearly basis, industrial production added 0.6 percent - again missing forecasts for an increase of 1.5 percent and down sharply from 2.2 percent in the previous month.

Upon the release of the data, the METI's assessment of industrial production was that it is "picking up slowly but shows signs of decrease in part."

News are provided by InstaForex
 
Vietnam Manufacturing PMI Slides In September - Nikkei

The manufacturing sector in Vietnam continued to expand in September, albeit at a slower rate, the latest survey from Nikkei revealed on Monday with a manufacturing PMI score of 51.5.

That's down from 53.7 in August, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Individually, there were slower rises in output, new orders and employment.

Last month saw the first reduction in output prices in 13 months, while the rate of input cost inflation also eased.

News are provided by InstaForex
 
European Economics Preview: UK Construction PMI Data Due

Purchasing Managers' survey data from the UK is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, August producer price data is due from Romania. Producer prices had increased 6 percent annually in July.

At 3.00 am ET, final GDP from the Czech Republic and final foreign trade from Hungary are due. The Czech statistical office is expected to confirm 0.7 percent sequential growth for the second quarter.

At 4.30 am ET, UK Markit/CIPS construction PMI data is due. The indicator is forecast to remain unchanged at 52.9 in September.

At 5.00 am ET, Eurostat is slated to issue euro area producer prices for August. Economists forecast producer prices to rise 3.8 percent on year, following a 4 percent increase in July.

News are provided by InstaForex
 
Japan Service Activity Slows In September - Nikkei

The services sector in Japan continued to expand in September, but at a sharply slower pace, the latest survey from Nikkei revealed on Friday with a two-year low services PMI score of 50.2.

That's down from 51.5 in August, although it remains barely above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, demand and employment continued to rise, although price pressure remained elevated.

The survey also said that the composite index fell to 50.7 in September, down from 52.0 in August.

News are provided by InstaForex
 
Forex is a type of online earning, right? I do not know much about it. But it is interesting for me. I would like to try. I am interested to know more information about this. I know this is an online livelihood. There are many types of online earnings. I am earning online now. I chose sports betting. But I would try something else. I bet on sports on https://777score.co.uk It is good way to earn money.
 
Australia Trade Surplus Increases In August

Australia's trade surplus increased in August on higher exports, data from the Australian Bureau of Statistics showed Thursday.

The trade surplus rose to a seasonally adjusted A$1.6 billion from A$1.55 billion in July. Economists had forecast a fall in surplus, to A$1.45 billion.

Exports of goods and services gained 1 percent on month to A$36.56 billion. At the same time, imports remained broadly unchanged in August, at A$34.96 billion.

The small rise in the international trade surplus in August provides more evidence that the US-China trade war is not affecting Australia's external sector, Paul Dales, an economist at Capital Economics, said.

In fact, the recent weakening in the Australian dollar will probably mean that the external sector makes a decent contribution to GDP growth next year.

News are provided by InstaForex
 
Australia's Retail Sales Rise Moderately In August

Australia's retail turnover logged a moderate growth in August, the Australian Bureau of Statistics said Friday.

Retail sales grew 0.3 percent month-on-month in August, following a relatively unchanged estimate in July and a 0.4 percent rise in June. Sales were expected to climb 0.2 percent.

There were rises in New South Wales, Victoria, South Australia, Queensland, Tasmania and the Australian Capital Territory. Western Australia was relatively unchanged, whilst there was a fall in the Northern Territory.

Over a longer-term and in a general sense, household income growth is expected to remain subdued and the major constraint on consumer spending with a likely negative wealth effect from the decline in home prices an additional headwind, Simon Murray, an economist at Westpac, said.

News are provided by InstaForex
 
European Economics Preview: Germany's Foreign Trade Data Due

5.jpg


Foreign trade data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's external trade figures. Exports are forecast to grow 0.4 percent on month and import to climb 0.1 percent in August. The trade surplus is seen at EUR 16.2 billion versus EUR 16.5 billion in July.

At 3.00 am ET, Czech consumer prices and foreign trade reports are due. Inflation is seen unchanged at 2.5 percent in September.

In the meantime, the Hungarian Central Statistical Office is scheduled to issue consumer and foreign trade data. Economists forecast inflation to rise to 3.5 percent in September from 3.4 percent in August.

At 4.30 am ET, the Bank of England is set to release Financial Policy Committee statement for the meeting held on October 3.

News are provided by
InstaForex.
 
European Economics Preview: France Final CPI Data Due

7.jpg

Final consumer price data from France is due on Thursday, headlining a light day for the European economic news.

At 2.45 am ET, France Insee publishes final consumer prices for September. The statistical office is set to confirm 2.2 percent annual inflation.

At 3.00 am ET, Spain's INE releases final CPI data. According to flash estimate, consumer price inflation came in at 2.2 percent for the third straight meeting in September. In the meantime, Turkey's current account data is due. The current account balance is forecast to show a surplus of $2.5 billion in August versus a deficit of $1.75 billion in July.

At 3.30 am ET, consumer price data for September is due from Sweden. In August, inflation eased to 2 percent from 2.1 percent in July.

At 4.30 am ET, Bank of England publishes Credit Conditions Survey for the third quarter. At 5.00 am ET, Greece unemployment data is due for July. The jobless rate stood at 19 percent in June.

At 6.00 am ET, consumer prices from Ireland and Portugal are due.

News are provided by
InstaForex.
 
Japan M2 Money Stock Climbs 2.8% On Year In September

2.jpg


The M2 money stock in Japan was up 2.8 percent on year in September, the Bank of Japan said on Friday - coming in at 1,006.5 trillion yen.

That was shy of expectations for 2.9 percent, which would have been unchanged from the August reading.

The M3 money stock was up an annual 2.5 percent to 1,337.7 trillion yen - in line with expectations and unchanged from the previous month.

The L money stock gained 2.3 percent on year to 1,787.4 trillion yen - up from the 2.2 percent gain a month earlier.

News are provided by
InstaForex.
 
China CPI Climbs 2.5% On Year In September

Consumer prices in China were up 2.5 percent on year in September, the National Bureau of Statistics said on Tuesday.

That was in line with expectations and up from 2.3 percent in August.

The statistics bureau also said that producer prices climbed an annual 3.6 percent - exceeding forecasts for 3.5 percent and down from 4.1 percent in the previous month.

News are provided by InstaForex
 
Australia Jobless Rate Sinks To 5.0% In September

6.jpg

The unemployment rate in Australia came in at a seasonally adjusted 5.0 percent in September, the Australian Bureau of Statistics said on Thursday.

That was beneath expectations for 5.3 percent, which would have been unchanged.

The Australian economy added 5,600 jobs last month - shy of expectations for an increase of 15,000 following the 44,000 jump in the previous month.

Full-time employment saw a gain of 20,300, down from 33,700 a month earlier. Part-time employment shed 14,700 jobs following the addition of 10,200 in August.

News are provided by
InstaForex.
 
China GDP Climbs 1.6% On Quarter In Q3

China's gross domestic product expanded a seasonally adjusted 1.6 percent on quarter in the third quarter of 2018, the National Bureau of Statistics said on Friday.

That was in line with expectations and down from 1.8 percent in the three months prior.

On a yearly basis, GDP climbed 6.5 percent - shy of estimates for 6.6 percent and down from 6.7 percent in the previous three months.

The bureau also said that industrial production climbed 5.8 percent on year in September, shy of forecasts for 6.0 percent and down from 6.1 percent in August. Retail sales climbed an annual 9.2 percent, beating forecasts for 9.0 percent - which would have been unchanged.

Fixed asset investment gained 5.4 percent on year, topping expectations for 5.3 percent - which again would have been unchanged.

News are provided by InstaForex
 
Japan All Industry Activity Rebounds In August

4.jpg


Japan's all industry activity rebounded in August, figures from the Ministry of Economy, Trade and Industry showed Monday.

The all industry activity index climbed 0.5 percent month-on-month in August, reversing a 0.2 percent drop in July and a 0.9 percent decrease in June. Economists had forecast a monthly growth of 0.4 percent. Among components, construction industry activity gained 0.8 percent, in contrast to a 1 percent fall in July. At the same time, industrial production grew 0.2 percent, offsetting July's 0.2 percent decrease.

Tertiary industry activity climbed 0.5 percent, following a 0.1 percent fall in July. On a yearly basis, all industry activity advanced 0.9 percent, the same rate of expansion as logged in July.

News are provided by
InstaForex.
 
Japan Manufacturing PMI Climbs To 53.1 In October - Nikkei

10.jpg


The manufacturing sector in Japan continued to expand in October, and at a faster rate, the latest survey from Nikkei revealed on Wednesday with a preliminary reading of 53.1.

That's up from 52.5 in September, and it moves farther above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output, new orders and employment all accelerated, while the rates of input cost and output price inflation both climbed to multi-year highs.

Sentiment for future expectations remained positive, although the optimism was weaker.

News are provided by
InstaForex.
 
Japan Producer Prices Rise 1.2% On Year In September

Producer prices in Japan were up 1.2 percent on year in September, the Bank of Japan said on Thursday - matching expectations and down from 1.3 percent in August.

On a monthly basis, producer prices added 0.1 percent following the flat reading in the previous month.

For the third quarter of 2018, producer prices gained 1.2 percent on year and 0.2 percent on quarter. That follows the 1.0 percent yearly increase and the 0.6 percent quarterly gain in the three months prior.

News are provided by InstaForex
 
European Economics Preview: UK Mortgage Approvals Data Due

Mortgage approvals data from the UK is due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Finland publishes consumer confidence survey results for October.

At 4.00 am ET, Austria's factory PMI data is due for October. The score was 55.0 in September.

At 4.30 am ET, Bank of England is slated to issue mortgage approvals figures for September. Economists forecast mortgage approvals to fall to 64,700 in September from 66,400 in August.

At 6.00 am ET, Italy's Istat releases producer prices for September. Prices had advanced 5.1 percent on year in August.

News are provided by InstaForex
 
Japan's Jobless Rate Declines In September

Japan's unemployment rate declined in September, the Ministry of Internal Affairs and Communications reported Tuesday.

The jobless rate fell to 2.3 percent from 2.4 percent in August. This was the lowest rate since early 1990s. The rate was expected to remain unchanged at 2.4 percent.

The jobs-to-applicant ratio rose slightly to 1.64 from 1.63 a month ago.

The unemployment rate is the lowest it has been in a generation and it will fall further over the coming year, Marcel Thieliant, an economist at Capital Economics, said.

The upshot is that wage growth probably won't reach the 2.5 percent annual rate required to meet the BoJ's 2 percent inflation target, the economist added.


News are provided by InstaForex
 
Japan Services Sector Accelerates In October - Nikkei

The services sector in Japan continued to expand in October, and at a faster rate, the latest survey from Nikkei revealed on Monday with a PMI score of 52.4.

That's up from 50.2 in September, and it moves back above the boom-or-bust line of 50 that separates expansion from contraction.

The October reading also touched a six-month index high.

Individually, there was a stronger upturn in business activity, while new business growth quickened to a five-year high.

Selling charge inflation eased despite a strong rise in costs.

The survey also said its composite index climbed to 52.5 from 50.7 a month earlier.

News are provided by InstaForex
 
China's Exports, Imports Rise More Than Forecast

China's exports and imports increased more-than-expected in October, official data showed Thursday.

Exports grew 15.6 percent annually, the General Administration of Customs reported. Economists had forecast an increase of 11.7 percent.

At the same time, imports surged 21.4 percent compared to the forecast of 14.7 percent.

As a result, the trade surplus came in at $34 billion in October versus the expected level of $35.1 billion.

In yuan terms, imports advanced 26.3 percent and exports climbed 20.1 percent from last year. The trade surplus totaled CNY 233.6 billion.

News are provided by InstaForex
 
You must log in or register to reply here.
Back
Top