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Tue, 29 Sep 2015 06:45:04 GMT

China industrial profits suffer biggest decline since 2011

Chinese industrial companies' reported profits fell the most in at least four years in August as the pillars of China's infrastructure-led growth model suffered from rising costs and persistent falling prices.

Tue, 29 Sep 2015 06:34:04 GMT

Bank of England to refrain from raising rates until mid-2016, new survey shows

According to the fresh survey published by the London-based Centre for Economics and Business Research (CEBR), the Bank of England is most likely going to keep the monetary policy unchanged for a longer period of time than it is currently anticipated.

Tue, 29 Sep 2015 06:23:07 GMT

US consumer spending grows in August, Fed's Evans supports later rate hike

Household spending in the US rose at a healthy rate in August, while personal growth slowed after a jump in July.

Tue, 29 Sep 2015 06:00:06 GMT

Italy's manufacturing confidence climbs, Catalonia elects separatist majority into regional parliament

Beginning of the week in the EU brought us almost empty economic data session, as the only news were coming from Apennine and Iberian peninsulas.

Mon, 28 Sep 2015 06:29:04 GMT

US GDP revised higher as numbers exceed estimates

The growth of the US economy in the second quarter of this year was notably quicker than markets had previously anticipated, the second upward revision in a row showed on Friday.

Mon, 28 Sep 2015 06:18:05 GMT

Money supply growth slows in Euro zone, private sector credit rises

The Euro area's money supply growth eased more than expected in August, while the annual increase in private loans improved.

Fri, 25 Sep 2015 06:59:14 GMT

UK mortgage approvals advance to highest level since early 2014

Mortgage lending rose in the UK in August as people continued to put their money into bricks and mortar amid low interest rates and uncertainty over the timing of the rate hike.

Fri, 25 Sep 2015 06:48:11 GMT

US unemployment claims higher, durable goods orders fall, Yellen says Fed on track to hike in 2015

The number of Americans seeking unemployment benefits rose slightly in the week to September 19, but remains consistent with a labour market that is steadily adding jobs.

Fri, 25 Sep 2015 06:37:30 GMT

German business sentiment improves in September, ECB LTROs come in much below expectations

German business morale unexpectedly improved in September, as companies benefited from strengthening domestic demand in Europe's largest economy, shrugging off risks from slowing growth in emerging markets.

Thu, 24 Sep 2015 07:03:04 GMT

Canadian retail sales rise for third month in July, but miss estimates

Canada's retail sales fell short of estimates, as they rose less than expected in July, mainly driven by consumers buying new clothing and cars.

Thu, 24 Sep 2015 06:52:09 GMT

German manufacturing sector slows, French PMIs unexpectedly pick up

Manufacturing activity in Germany, the Euro zone's biggest economy, decreased the pace of growth for the month of September.

Wed, 23 Sep 2015 06:01:06 GMT

China's PMI drops to global financial crisis levels

China's manufacturing activity declined at its fastest pace since the peak of the global financial crisis, fuelling concerns over the world's second biggest economy's health.

Wed, 23 Sep 2015 05:50:05 GMT

Swiss exports shrink in August

The trade surplus in Switzerland contracted in August, as the strength of the Swiss Franc hit demand in the European Union and China.

Wed, 23 Sep 2015 05:39:04 GMT

UK manufacturing sector growth stalls amid strong Pound and weak exports

The UK manufacturing sector growth stalled for the first time in more than two years, with a stronger Pound and weak exports weighing on the sector's margins and volumes.

Wed, 23 Sep 2015 05:28:11 GMT

US economy needs stronger wage growth to flourish; home prices continue to rise

The US economy is enjoying "sustained, stable" growth, Treasury Secretary Jack Lew said, noting that workers need to see a more robust wage growth for the economy to continue to flourish.

Tue, 22 Sep 2015 06:26:04 GMT

Australians are more optimistic under newly-elected Prime Minister Malcolm Turnbull

Australian consumers appeared to cheer the change of leadership in the Liberal Party with an increase in confidence over the previous week. T

Tue, 22 Sep 2015 06:15:09 GMT

Canadian wholesale trade remains unchanged in July, as losses offset gains

Canadian wholesale trade remained flat in July, failing to boost the highly anticipated GDP figures, as better sales of machinery, equipment and supplies were offset by drops in building materials and farm products.

Tue, 22 Sep 2015 06:04:08 GMT

US existing home sales decline more than expected in August

US home resales dropped more than predicted in August, marking the first decline in four months, with higher home prices putting off buyers.

Tue, 22 Sep 2015 05:53:04 GMT

Producer prices sink in Germany in August; Bundesbank report

German factory gate prices contracted for a 25th consecutive month in August on an annualised basis, falling more than market's expectations.

Mon, 21 Sep 2015 06:09:04 GMT

BoJ minutes shows that sluggishness in key sector only temporary

The Bank of Japan's minutes from the central bank's meeting on August 6 and 7 showed that the members of the monetary policy board maintained their optimistic views over the country's economic recovery, saying that the weakness in Japan's output and exports was temporary.

Mon, 21 Sep 2015 05:58:03 GMT

Canada's annual inflation remains unchanged in August as lower gasoline offset higher cost of food

Canada's annual inflation remained unchanged in August as lower gasoline prices offset the higher cost of food, suggesting the Bank of England has room to keep interest rates low.

Mon, 21 Sep 2015 05:47:04 GMT

Tsipras declares unexpectedly decisive victory

A month after he resigned from the post of prime minister, Greek leftist Alexis Tsipras declared an unexpectedly decisive victory in Greece's snap elections.

Mon, 21 Sep 2015 05:36:13 GMT

Key highlights of the week ended September 18

USThe Fed maintained interest rates unchanged at its crucial September meeting in light of worries about the global economy, financial markets turbulence and tepid domestic inflation. Yet, the US central bank left the door open for a modest policy tightening later this year. Even though the Fed's post-meeting statement said Jeffrey Lacker, the hawkish President of the Federal Reserve Bank of Richmond, insisted

Fri, 18 Sep 2015 06:29:13 GMT

SNB keeps rates on hold, ready to intervene as Franc is remains overvalued

The Swiss National Bank maintained interest rates at record lows and said the recent depreciation of the Franc did not altered its decision to intervene in currency markets if needed.

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