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Tue, 02 Feb 2016 07:53:06 GMT

RBA keeps OCR at 2%, maintains easing bias

The Reserve Bank of Australia decided to maintain the official cash rate unchanged for the eight consecutive month, and remained sanguine about the domestic economy, with inflation close to the target.

Tue, 02 Feb 2016 07:42:13 GMT

British manufacturing sector strengthens in January amid large manufacturers output increase

British manufacturing sector improved more than expected in January, supported by a steep surge in output at large manufacturers, while exports dropped.

Tue, 02 Feb 2016 07:31:14 GMT

US manufacturing shrinks, personal spending remains flat

The US manufacturing sector shrank for a fourth consecutive month in January, while employment in the sector plunged to the lowest level in more than six years.

Tue, 02 Feb 2016 07:20:04 GMT

Euro zone's manufacturing sector's growth slows in January

Growth in the Euro zone manufacturing sector eased in January. According to Markit, the Euro bloc's manufacturing PMI dropped to 52.3 last month, compared with 53.2 recorded in December.

Mon, 01 Feb 2016 07:15:05 GMT

Canada's economy grows 0.3% in November

The Canadian economy grew in November amid an increase in oil and gas extraction, as well as robust wholesale and retail trade, Statistics Canada reported.

Mon, 01 Feb 2016 07:04:10 GMT

China's manufacturing activity continues to slow in January

Measures of China's manufacturing activity showed mixed results in January, with the official gauge falling further into negative territory, whereas the private reading strengthened.

Mon, 01 Feb 2016 06:53:04 GMT

US economy grows 0.7% in Q4, preliminary data shows

The world's number one economy slowed sharply in the fourth quarter, stoking concerns about its momentum in 2016.

Mon, 01 Feb 2016 06:42:05 GMT

Euro zone's inflation accelerates in January, giving some relief to ECB

The Euro zone's inflation accelerated in January, providing a modest relief for the European Central Bank, which is expected to slash rates again as price growth could slid to the negative territory by the spring.

Mon, 01 Feb 2016 06:31:08 GMT

Key highlights of the week ended January 30

The Bank of Japan surprised markets with a negative benchmark interest rate, a move aimed at boosting a faltering recovery in the world's third biggest economy in light of elevated volatility on financial markets and slowing global growth.

Fri, 29 Jan 2016 07:23:07 GMT

BoJ surprisingly introduces negative interest rate

The Bank of Japan surprised markets with a negative benchmark interest rate, a move aimed at boosting a faltering recovery in the world's third biggest economy in light of elevated volatility on financial markets and slowing global growth.

Fri, 29 Jan 2016 07:12:13 GMT

UK economy picks up steam at end of 2015, supported by services

The UK economy gathered a little steam at the end of last year, thanks to a support of the services industry, while production and construction continued to drag the growth down.

Fri, 29 Jan 2016 07:01:04 GMT

US durable goods orders plunge; jobless claims fall from 6-month high

Orders to US factories for long-lasting manufactured goods plunged in December, with a key category that is proxy for business investment plans declining for a second consecutive month, increasing the risk of negative fourth quarter GDP surprise.

Fri, 29 Jan 2016 06:50:06 GMT

German inflation climbs in January, while Euro zone's economic sentiment drops

German inflation rose on an annual basis in January, but remained well below the targeted level. Consumer prices in the Euro zone's biggest economy climbed 0.5% year-over-year in the beginning of the year, compared with the 0.3% growth recorded in December, the Federal Statistics Office reported.

Thu, 28 Jan 2016 07:41:05 GMT

RBNZ may cut OCR further to boost inflation

The Reserve Bank of New Zealand said it may need to slash interest rates further as persistently plunging oil prices and a weaker global growth outlook is likely to keep low inflation for longer.

Thu, 28 Jan 2016 07:30:07 GMT

UK house prices set to continue rising in 2016 amid lag in construction

UK house prices climbed at a slower than expected pace in January after a decline in mortgage approvals in the prior month, the mortgage lender Nationwide reported.

Thu, 28 Jan 2016 07:19:09 GMT

Fed keeps rates on hold, while monitoring global economic and financial developments

In line with expectations, the Fed kept interest rates on hold and said that it was closely following global economic and financial developments.

Wed, 27 Jan 2016 08:33:11 GMT

Fed contributes to emerging market volatility; Carney to stay for full 8-year tenure

The Fed's decision to hike interest rates in December last year partly contributed to the turmoil in emerging markets, Bank of England Governor Mark Carney said.

Wed, 27 Jan 2016 08:22:04 GMT

Australia's inflation rises in December quarter; no rate cut next by RBA week

The Australian Dollar advanced and any chances of an interest rate cut by the Reserve Bank of Australia were dissipated after December quarter headline inflation beat market's expectations.

Wed, 27 Jan 2016 08:06:05 GMT

US consumer confidence surges in January despite stock market turmoil

US consumer sentiment rose in January to the highest level since October despite a stock market rout and increase in house prices in November, indicating underlying resilience in the world's number one economy despite a steep growth slowdown in recent months.

Tue, 26 Jan 2016 07:22:04 GMT

Australia's business confidence remains strong despite market turbulence

Despite recent market turbulence, Australia's business confidence remained strong last month.

Tue, 26 Jan 2016 07:10:09 GMT

Japan's trade deficit declines in 2015 amid lower oil imports costs

Japan logged a trade deficit for a fifth consecutive year in 2015, after the country slipped into deficits following the 2011 nuclear accident in Fukushima, which led to closures of reactors and pushed up imports of oil and gas.

Tue, 26 Jan 2016 07:00:04 GMT

UK retail sales slump, public sector borrowing improves more than expected

UK factories started the year on a weak footing as export orders declined at a steeper pace in January compared with December, while total orders also fell, according to the Confederation of British Industry.

Tue, 26 Jan 2016 06:49:05 GMT

German business morale decline in January; ECB should meet inflation goal to keep credibility

German business confidence dropped for a second month in a row in January to the lowest level in almost a year, with manufacturers and construction companies becoming more pessimistic about the outlook for their businesses.

Mon, 25 Jan 2016 08:25:10 GMT

Canadian retail sales soar in November as inflation drops in December

Retail sales in Canada, the 11th largest economy in the world based on nominal GDP, surged at the highest pace since June 2014 in November.

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