The services PMI issued moments ago recorded its lowest level in two months in the preliminary reading for May at 55.9 points, compared to 56.2 in April, exceeding expectations that indicated an increase to 55.4, while the manufacturing index came below expectations at 44.6, retreating from April’s reading of 45.8, recording lower. level at 36 months. In the details of...
The US dollar gained for the second week in a row Markets are awaiting the RBNZ meeting, inflation numbers from the UK and the Federal Reserve's minutes Does the consumer spending index solve the baffled markets? The drama of the debt ceiling and risk appetite Separate economic data After the growth figures from the United Kingdom, US and Canadian retail...
Statistics Canada, released just moments ago, showed a decline in retail sales in Canada by 1.4% to $65.3 billion in March, after declining by 0.2% in February, as sales declined in 5 of nine sub-sectors representing 55.5% of retail trade. Underlying sales, which exclude petrol stations and trade in cars and spare parts, declined by 0.3% in March, compared to...
The Japanese Consumer Price Index (CPI), from which fresh food prices are excluded, but which includes energy items, grew by 4.3% in April, according to figures announced by the Japanese government early this morning, Friday, May 19, compared to 3.1% in March, in line with market expectations. In the details, the service inflation index rose to 1.7% in April from...
The general index of the US dollar continues to trade at its highest level since March at 103.20 levels, an increase of 0.46%, in the middle of trading today, Thursday, with the opening of the US markets, up for the third session in a row, supported by positive economic data issued by the US economy, in addition to the statements...
The Australian unemployment rate rose in April to 3.7% from 3.5%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations were that it would stabilize at 3.5%, with a decrease in the participation rate in the labor market to 66.7%. The Australian economy lost about 4,300 thousand...
The general index of the US dollar is trading at an increase of about 0.30% in the middle of today’s session, Wednesday, May 17th, at 102.79 levels, an increase for the second session in a row, to trade at its highest level since last March, coinciding with the absence of economic data today. The US dollar has been receiving support...
Data issued moments ago by the US Census Bureau showed a rise in US retail sales, below market expectations, as sales rose by 0.4% in April to reach $686.1 billion, compared to a decline of about 0.7% in the revised March reading, while expectations were for an increase of about 0.8%. . Underlying sales, excluding cars and spare parts, increased...
The ZEW index for measuring business confidence in Germany recorded a decline of about 14.8 points in the May survey, to reach -10.7, coming in the negative zone for the first time since December 2022, while expectations were indicating a decline to -5.4 points, as the decline in the index in May was affected by the decline in the assessment...
Preliminary figures from the Office of National Statistics in the United Kingdom ONS, issued moments ago, showed a decrease in the growth of the gross domestic product of the United Kingdom in March by 0.3%, compared to its stability without change in the reading of February, while expectations indicated that it would remain stable in March at 0.0%, in contrast,...