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Thu, 18 Dec 2014 06:41:04 GMT

Euro zone inflation rate confirmed at 0.3%, as falling oil prices keep consumer prices lower

Eurostat confirmed that Euro zone's consumer prices rose 0.3% in November from the same month last year on falling fuel and heating oil prices, which subtracted 0.22 percentage point from the final result.

Wed, 17 Dec 2014 07:09:04 GMT

RBA keeps rate on hold, concerned about Aussie's strength

The Reserve Bank of Australia still believes that the nation's currency is too strong and that interest rates should be kept unchanged, rather than to be reduced further.

Wed, 17 Dec 2014 06:58:04 GMT

Canada's manufacturing sales fall more than expected in October

Canada's manufacturing sales declined more than expected in October, dragged down by a fall in production of aerospace products, following a record increase in the preceding month.

Wed, 17 Dec 2014 06:47:05 GMT

UK inflation declines further in November amid falling fuel prices

Britain's inflation slid to the lowest level in 12 years in November as falling fuel prices pushed down transport costs, while food prices declined.

Wed, 17 Dec 2014 06:36:04 GMT

US housing starts and building permits decline in November, manufacturing activity slows

US housing starts and building permits dropped in November, but the underlying trend points to consistently improving housing market, albeit the recovery appears to be uneven.

Wed, 17 Dec 2014 06:25:04 GMT

Euro zone manufacturing, services sector activity improves

Activity in the manufacturing and services sectors in the 18-nation bloc improved in December, despite the mixed data coming out from the region's largest economies, namely Germany and France.

Tue, 16 Dec 2014 08:08:23 GMT

Australia's budget deficit to expand, unemployment to rise, Mid-Year Outlook shows

Australia's conservative party said it projects the nation's deficit to expand and stressed that falling commodity prices and political opposition to proposed austerity measures impacted severely on what a few years ago was one of the world's leading economies.

Tue, 16 Dec 2014 07:57:13 GMT

China's manufacturing activity contracts in December, HSBC says

China's factory activity declined to the lowest level in seven month in December, indicating a stagnant growth of the world's second biggest economy in the final quarter of the year.

Tue, 16 Dec 2014 07:46:14 GMT

UK manufacturing ends 2014 on positive note, house prices plummet

The British manufacturing sector is ending 2014 on a more positive note, after having lost some steam earlier in the year.

Tue, 16 Dec 2014 07:35:05 GMT

US industrial production surges, Empire State manufacturing Index fall

Industrial production in the world's number one economy rose in November as factories increased output of cars, machinery, clothing and other goods, a sign of surging demand for American products amid falling oil prices.

Tue, 16 Dec 2014 07:24:05 GMT

Bundesbank unexpectedly supports ECB on monetary stimulus

Almost two weeks after releasing updated inflation and growth outlook, the German Bundesbank said the Brent crude prices had since plummeted 11% on average below the forecast estimates. 

Mon, 15 Dec 2014 08:05:05 GMT

China's industrial output growth slows in November

Industrial output in China, the world's second biggest economy, rose at slower than expected pace in November from the previous year, whereas retail sales beat forecasts, the National Bureau of Statistics showed.

Mon, 15 Dec 2014 07:54:04 GMT

Abe's celebrates victory, allowing him to proceed with Abenomics

With the Japanese economy struggling to recover after the April's sales tax hike but no obvious contenders proposing a more effective fiscal strategy, voters backed up Prime Minister Shinzo Abe's Liberal Democratic Party on Sunday to proceed with reforms known as Abenomics.

Mon, 15 Dec 2014 07:43:04 GMT

UK construction output unexpectedly fall in October

UK construction output unexpectedly declined sharply, even as growth in the previous months was upgraded and provided a slight boost to the British economic output in the third quarter.

Mon, 15 Dec 2014 07:32:13 GMT

US producer prices fall in November, consumer sentiment at 8-year high

US wholesale prices were pushed down by declining gas and food costs in November, adding to signs that cheaper oil worldwide is curbing inflationary pressures.

Mon, 15 Dec 2014 07:18:05 GMT

Euro zone industrial production rises at slower pace, threat of Grexit returns

Industrial production across the 18 member states that share the Euro increased for a second consecutive month in October, albeit at a slower pace than expected.

Mon, 15 Dec 2014 07:07:05 GMT

ECB's TLTRO disappoints, China to face hard landing, RBA to cut rates

In the European Central Bank's second round of targeted long-term loans Euro zone financial institutions borrowed less than expected, complicating the central bank's balance sheet expansion goal.

Fri, 12 Dec 2014 08:12:05 GMT

Australia's unemployment rate rises in November, adding to more pressure on RBA

Australia's unemployment rate inched higher in November, despite the creation of more than 42,000 jobs during the reported month, underlying how a sluggish growth is reflected in the labour market, which is expected to stay fragile well into next year, adding to belief that the RBA will have to renew stimulus measures.

Fri, 12 Dec 2014 08:01:33 GMT

SNB keeps rate unchanged, stands ready to act in case of ECB's QE

The Swiss National Bank kept its monetary policy intact, while highlighted increased deflationary threat and the strength of the Swiss Franc.

Fri, 12 Dec 2014 07:45:05 GMT

UK house prices rise at slowest pace since May 2013, RICS says

UK house prices rose at their slowest pace in 18 months in November, the Royal Institute of Chartered Surveyors said, as measures designed to curb mortgages came into effect.

Fri, 12 Dec 2014 07:28:04 GMT

US consumer spending increases as holiday shopping season starts

US consumer spending, which accounts for 70% of the US economy, rose in November as lower gasoline prices and gains in wages provided a boost to the holiday shopping season, urging the biggest gain in retail sales in eight months and giving the economy a lift.

Fri, 12 Dec 2014 07:11:05 GMT

ECB's second round of TLTRO disappoints, as banks borrow less than expected

In the European Central Bank's second round of targeted long-term loans Euro zone financial institutions borrowed less than expected,  complicating the central bank's balance sheet expansion goal.

Thu, 11 Dec 2014 08:26:04 GMT

RBNZ keeps official cash rate at 3.5%, dairy prices to rebound in 2015

The Reserve Bank of New Zealand kept interest rates unchanged at 3.5%, with a modest inflation pressures allowing the central bank some time for assessment and more gradual rate hikes.

Thu, 11 Dec 2014 08:04:08 GMT

Sales tax high continues weighing on Japan's consumers, manufacturers

April's sales tax increase continues weighing on consumer sentiment in Japan, as Cabinet Office survey revealed confidence among households fell for a fourth consecutive month in November.

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