Fundamental Analysis

Mon, 20 Jun 2016 06:49:14 GMT

US Housing Starts rise more than expected

As reported by the US Census Bureau, there were 1.164 million constructions of residential buildings started in the US in May.

Fri, 17 Jun 2016 05:24:03 GMT

BoE issues fresh warning on Brexit effect on economy and global financial markets

The Bank of England issued a fresh warning that uncertainty about the EU referendum next week threats knocking Britain's economic growth, pushing the Pound dramatically lower, as well as presents the "largest immediate risk" for global financial markets.

Fri, 17 Jun 2016 05:13:03 GMT

US Consumer Price Index rose 0.2% in May vs. 0.3% increase expected

The US consumer prices softened in the previous month, but still posted increases in housing and healthcare costs thus supporting inflation, which could still allow Federal Reserve to raise interest rates during the current year.

Fri, 17 Jun 2016 05:02:13 GMT

Eurozone May CPI 0.4% MoM

The final estimate of the single European region inflation in May showed that consumer prices plunged 0.1% on a yearly pace in May, having slowed its pace of decrease after April's steep drop of 0.2%. Meanwhile, this was the second consecutive decline in prices.

Fri, 17 Jun 2016 04:51:13 GMT

Australian employment increased 17,900 in May; unemployment at 5.7%

According to the report issued by the Australian Bureau of Statistics, the Australian employment change advanced in May, outperforming economists' expectations.

Thu, 16 Jun 2016 08:05:18 GMT

BoJ keeps policy unchanged; economists see room for further easing

The Bank of Japan decided to keep interest rates and QQE settings unchanged in line with expectations, but economists see room for further easing in coming months amid sluggish global growth and anemic inflation.

Thu, 16 Jun 2016 07:54:07 GMT

New Zealand's economy expands 0.7% in March quarter, driven by construction, healthcare

New Zealand's economy expanded at a faster pace than expected in the first quarter as healthcare made a surprisingly strong contribution to the nation's economic output, while construction continued to prop up the economy amid a housing boom.

Thu, 16 Jun 2016 07:43:09 GMT

UK's unemployment rate falls to 5%; BoE to stay pat on interest rates

Unemployment in Britain declined to the lowest level since Ocotber 2005, indicating that the UK labour market has continued to tighten.

Thu, 16 Jun 2016 07:30:57 GMT

BoC's Poloz delivers optimistic view on economy

Bank of Canada Governor Stephen Poloz delivered a cautiously optimistic view on the nation's economy, saying the Canadian economy is making progress in adjusting to low oil prices and recovering from the global financial crisis.

Thu, 16 Jun 2016 07:30:25 GMT

FOMC turns more dovish on economy as interest rate hike delayed until better times

US Federal Reserve was forced to keep the target range for the Federal Funds rate flat at 0.25-0.50% after its June 14-15 meeting, owing to continuous risks to economic outlook and stagnating inflation expectations.

Wed, 15 Jun 2016 07:31:04 GMT

Britain's inflation unexpectedly holds steady at 0.3% in May

The UK inflation unexpectedly held steady in May against predictions for a small increase, as ongoing declines in clothing and food prices offset rising pressure from fuel prices.

Wed, 15 Jun 2016 07:20:04 GMT

Eurozone industrial production grew more than expected

According to the European Union statistics office, the Euro zone industrial production jumped in April on a monthly pace after two consecutive falls, adding more than was estimated by economists mostly due to a surge in the output of durable consumer goods.

Wed, 15 Jun 2016 06:57:52 GMT

 US retail sales rose 0.5% in May vs. 0.3% increase expected

The US retail sales advanced more than expected during the previous month since Americans bought automobiles and a range of other significant goods, hinting that economic growth was gaining momentum despite a weak job creation.

Tue, 14 Jun 2016 05:15:03 GMT

Chinese industrial production holds steady in May; investment growth slows

According to the data released by the National Bureau of Statistics of China, the indicators of industrial production and retail sales continue their growth in May.

Tue, 14 Jun 2016 05:04:04 GMT

Business conditions remain solid; confidence slipped

According to the NAB's latest monthly research, business conditions in Australia remain to be solid in May apart from the mining sector.

Mon, 13 Jun 2016 05:14:03 GMT

Upbeat Canadian employment change drives unemployment rate lower

Although there were growing concerns over the strength of the Canadian economy, mostly amid rather weak expectation results of April's data, the latest employment change figures surprised with their positive readings.

Mon, 13 Jun 2016 05:03:04 GMT

US consumer sentiment 94.3 vs. 94.0 expected

The survey indicates that consumers became more concerned about the US economy.

Fri, 10 Jun 2016 05:19:03 GMT

Chinese PPI increases for the third straight month

According to the data published earlier on Thursday Chinese inflation is experiencing continuing increase in producer prices during the previous month.

Fri, 10 Jun 2016 05:08:03 GMT

Jobless Claims in US unexpectedly fell to 264,000 

First-time jobless claims unexpectedly dropped during the last week while the number of Americans already receiving benefits declined to an almost 16-year low, pointing to sustained strength in the labour market.

Fri, 10 Jun 2016 04:57:05 GMT

German trade balance registered a record surplus

For the previous month, Germany's trade balance advanced unexpectedly. According to the Federal Statistics office, Germany recorded a headline of 25.6bn euros for April from 21.8bn euros in April 2015.

Thu, 09 Jun 2016 05:09:03 GMT

Chinese trade balance 49.98B versus 58.00B forecast

According to the official data Chinese trade surplus rose less-than-expected last month. The report released by National Bureau of Statistics of China announced that Chinese trade balance rose to 49.98B, from 45.56B during the preceding month.

Thu, 09 Jun 2016 04:58:03 GMT

US crude inventories drop and send oil prices near 2016 highs

According to the latest report, the US crude futures advanced for a third consecutive day on Wednesday, reaching new 2016 highs.

Thu, 09 Jun 2016 04:47:43 GMT

UK industrial production jumps unexpectedly in April

Manufacturing production in the UK advanced further bolstering optimism about the domestic economy. UK manufacturing as well as industrial production data outperformed major economists' expectations in April being mainly influenced by the weaker cable due to upcoming Britain's EU referendum.

Wed, 08 Jun 2016 05:23:04 GMT

RBA holds interest rates unchanged—1.75%

The Reserve Bank of Australia decided not to change interest rates and left at 1.75% level at the conclusion of its June monetary policy meeting.

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