Retail sales in Canada decreased by 0.1% in November, according to a report issued by Statistics Canada moments ago, to reach $61.8 billion, after rising by about 1.4% in the October reading, while it had been expected to decline by 0.5%. The main index, which excludes the prices of gasoline and trade in cars and spare parts, declined by 1.1%,...
The Consumer Price Index (CPI), which measures inflation in Japan, rose to its highest rate in 41 years, according to data issued by the Japanese government this morning, Friday, January 20. It reached levels of 4% in December, compared to 3.7% in the November reading, matching expectations. In details, food prices in Japan increased by 7.4% in December, the highest...
The yellow metal maintains the levels of $1900 an ounce in the middle of the European trading session of today, Thursday, January 19th, to trade at levels of $1912 an ounce, recording gains of about 0.46%, benefiting from the decline of the US dollar by about 0.20%, in addition to the decline in US Treasury bond yields. The yield on...
Australian unemployment rates stabilized in December at 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 for a decline of about 3.4%, despite the decline in the participation rate in the labor market to 66.6% from 66.8%. The Australian economy lost about 14,600 thousand jobs...
The US dollar index lost all the gains of the Asian session, to trade in the middle of the European session, down by about 0.50%, and by more than 1.00% from its highest level during the Asian session, to trade now at 101.77 levels, affected by the gains of the Japanese yen and the decline in the US retail sales...
Crude prices recorded gains of more than 1.5% in the middle of trading in the European period for today’s session, Wednesday, January 18th, before the opening of the American markets, as Brent crude rose by about 1.60%, trading at levels of $87.29 a barrel, while American crude (NYMEX) rose by about 1.95%, and trading at levels of $81.74. A barrel...
The Central Bank of Japan decided in its meeting that ended this morning, Wednesday, January 18th, to keep its monetary policy unchanged, by allowing the volatility of 10-year bond yields, minus or plus 0.50%. The bank is buying exchange-traded funds (ETFs) for 12 trillion yen and Japanese real estate investment J-REITs for 180 billion yen. Since its meeting in December,...
he Central Bank of Japan will announce the results of its meeting held since this morning, tomorrow morning, Wednesday, in the Asian session, to announce its monetary policy for the coming period and interest rates, as expectations indicate that the bank may adjust once again the yield ceiling for Japanese government bonds to 0.75%. The Bank of Japan surprised the...
The ZEW index, which measures business confidence in Germany, increased by about 40.2 points in the January 2023 survey, to reach 16.9, better than expectations that indicated a decline to 15 points. The improvement in the index in June was supported by an improvement in the assessment of the current economic situation by about 2.8 points, to reach 58.6. The...
The gross domestic product (GDP) in China, the second largest economy in the world, recorded a recovery in GDP growth of 2.9% in the fourth and final quarter of last year, according to data released this morning, Tuesday, January 17, from the National Bureau of Statistics, compared to a growth of about 3.9% in the third quarter, better than Market...