Fundamental Analysis

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Fri, 08 Jul 2016 05:08:03 GMT

US Jobless Claims drop to three-month low; Oil lost nearly 5%

The number of Americans filing unemployment benefits unexpectedly plunged last week, to the lowest level since April, giving a hint that labour market started to recover amid a shaky global economy.

Fri, 08 Jul 2016 04:57:29 GMT

British manufacturing production is struggling in May on Brexit fears

UK manufacturing and industrial production data came in ahead of expectations for May, with both figures a big beat on the forecasts of economists.

Thu, 07 Jul 2016 06:58:04 GMT

ISM Non-Manufacturing PMI advance to 56.5

Good news from the American side, the services sector activity advanced during the previous month from lows where it had been settling during more than two years.

Thu, 07 Jul 2016 06:47:12 GMT

German factory orders unexpectedly failed to rise in May and remained unchanged

Factory orders in Germany posted no improvement in May when measured on a monthly seasonally adjusted basis.

Thu, 07 Jul 2016 06:14:06 GMT

Canadian trade balance -3.28B vs. -2.70B forecast

According to the figures released on Wednesday morning by Statistics Bureau, Canada's trade data for May did not meet economists' expectations showing a deficit of C$3.28bn compared with an expected number equalling C$2.6bn.

Wed, 06 Jul 2016 07:59:12 GMT

UK services PMI returns to 38-month low in June as Brexit worries hit sector

Service-sector activity in the UK surprisingly decelerated in June, a private survey from Markit Economics reported. Markit's services purchasing managers' index released today fell to 52.3 in June from 53.5 in May.

Wed, 06 Jul 2016 07:34:06 GMT

US factory orders decline 1% in May

The new orders for US manufactured goods declined 1.0% in May following a revised 1.8% advance during the previous month, being a slightly steeper decrease than the 0.8% consensus forecast.

Wed, 06 Jul 2016 07:01:14 GMT

Euro zone businesses rise in steady pace, while retail sales return to expansion in May

An important indicator of the euro area's economic health stayed unchanged in June.

Tue, 05 Jul 2016 06:46:05 GMT

Canadian manufacturing growth slows in June and hits 4-month low

A monthly survey of purchasing managers suggests the outlook for Canada's manufacturing sector has become slightly less positive than it was in May.

Tue, 05 Jul 2016 06:24:12 GMT

Retail sales went up but miss expectations; trade balance -2.218B vs. -1.500B

According to the Australian Bureau of Statistics, the retail sales advanced at a faster rate in May.

Tue, 05 Jul 2016 06:13:29 GMT

UK construction PMI dropped to 7 year low of 46.0

June was the worst month in seven years period for the Britain's builders since construction PMI entered a contraction territory, being affected by uncertainty over the results of the EU membership referendum.

Mon, 04 Jul 2016 08:36:10 GMT

China Caixin manufacturing PMI slips in June; services pick up in June

Manufacturing sector in the world's second-largest economy fell to a four-month low in June, suggesting there remains downward pressure on China.

Mon, 04 Jul 2016 08:25:12 GMT

UK Manufacturing PMI unexpectedly jumps to 52.1

The UK PMI manufacturing index expanded at the fastest pace in five months in June before results of the Brexit referendum which showed that biggest part of Britons voted to leave the European Union.

Mon, 04 Jul 2016 08:06:13 GMT

Markit Manufacturing PMI at 51.3– three months high

Factories across the US reported on a strong jump in production during June, being spurred by a accelerated foreign demand for US goods.

Fri, 01 Jul 2016 07:40:28 GMT

Canada's GDP edges up for first time in two months, but headwinds threaten

The Canadian economy grew in line with expectations in April, as strength in manufacturing and utilities was tempered by a steep decline in nonconventional oil extraction.

Fri, 01 Jul 2016 07:29:21 GMT

UK GDP holds steady at 0.4%; current account deficit close to a record high

UK economy slowed in the first quarter, dragged down by weaker business investment and a growing trade deficit. Meanwhile, the current account deficit narrowed less than expected at the start of this year.

Fri, 01 Jul 2016 07:18:49 GMT

Japanese Consumer Prices fall 0.4% in May

Japanese manufacturers' confidence deteriorated during the previous month while service-sector sentiment slowed down from three months ago due to weak consumption, confirming fears for a fragile economy affected by a strong yen and weak overseas demand.

Fri, 01 Jul 2016 07:18:31 GMT

Jobless claims in U.S. increased by 10,000 last week to 268,000, but remain at low level

The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labour market.

Thu, 30 Jun 2016 08:51:04 GMT

UK mortgage approvals beat expectations in May; house prices extend steady advance

U.K. mortgage approvals rose and house prices continued their steady advance in the weeks before the country's vote on its European Union membership.

Thu, 30 Jun 2016 08:29:18 GMT

U.S. personal spending rises 0.4% in May, core PCE prices up 0.2%

According to the official data, the US consumer spending and core PCE prices advanced in line with economists' expectations in May.

Thu, 30 Jun 2016 07:51:49 GMT

Japan Annual Industrial Production falls more that forecast

Japanese industrial production went down continuing its sixth consecutive month of decline in May, as factories were highly affected by weak international demand and recent earthquakes near the country's manufacturing centre.

Wed, 29 Jun 2016 07:49:04 GMT

Japan's May retail sales fall more than expected on poor recovery outlook

Japan's retail sales declined in May for the sixth time in seven months, underscoring policymakers' continued challenge of stimulating growth and reinforcing Prime Minister Shinzo Abe's decision to delay a sales tax increase far into the future.

Wed, 29 Jun 2016 07:32:08 GMT

GDP Revised Up to 1.1% for Q1; consumers are more optimistic

The US economy expanded more than previously estimated during the first three months of the year, but not as sharply as previously estimated, moreover, the overall trend remains vulnerable to a new round of global economic turmoil.

Tue, 28 Jun 2016 07:48:12 GMT

Loan growth in the Euro zone accelerates

According to the European Central Bank, during the previous month the Euro zone money supply growth rose in May as well as the annual increase in loans to households improved.

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