Foreign trade balance in the 18-nation bloc came in a surplus in February and exceeding last year's figures, the latest date released by the statistical office Eurostat showed on Tuesday. According to the report, the Eurozone's trade surplus recorded 13.6 billion euros in February from a year ago when it reached a level of 9.8 billion euros.
Investor confidence in the Europe's largest economy continued to decline in April mainly caused by ongoing geopolitical crisis in Ukraine, a report published by the European Economic Research center unveiled on Tuesday. According to the report, the country's investor sentiment slipped from 46.6 points measured in March to a level of 43.2 in the following month.
A leading economic index in South Korea increased in February following two months of declined as machinery orders grew signaling a positive outlook for the economy, a report released by the Conference Board showed on Tuesday. The country's leading economic index added 0.1% in February reversing a drop of 1.1% in the month before and a 0.4% decrease in December.
Import and producer price in Switzerland declined in March falling for the sixth successive time on an annual basis, the latest report released by the Federal Statistical Office showed on Tuesday. According to the report, year-on-year the country's import and producer price index slipped by 0.7% in March following a 0.8% drop in the month before.
House prices in the United Kingdom continued to increase in February rising at the strongest rate in almost four years as prices in London advanced by 17.7% on an annual basis, a report published by the Office for National Statistics showed on Tuesday. The U.K. house price index gained by 9.1% on a yearly basis in February following a 6.8%
Inflation measured as consumer price index in the United Kingdom weakened in March easing towards the lowest figures since October 2009, a report revealed by the Office for National Statistics showed on Tuesday. According to the report, the nation's consumer prices advanced 1.6% after recording an increase of 1.7% in the month before.
Inflation measured as consumer price index in the world's largest economy advanced in March rising by slightly more than economists originally forecast as food and property prices rose, a report unveiled by the Labor Department showed today. The U.S. CPI accelerated by 0.2% last month following a 0.1% in February and January.
Manufacturing sector in New York area remained flat in April with the index measuring business activity in the sector eased more than forecast, the latest date unveiled by the Federal Reserve Bank New York showed on Tuesday. The bank's business condition index weakened from a level of 5.6 points in March to 1.3 points in April.
Inflation measured as wholesale price index in India accelerated in March rising towards the strongest level in three months as fuel and food costs advanced on the month, a report released by the Reserve Bank of India showed on Tuesday. The Indian WPI added 5.7% in March compared to a level of 5.3% originally forecast.
The 18-nation bloc currency was traded under pressure on Tuesday after the European Central Bank President Mario Draghi comment over the past weekend that the monetary stimulus program may be implemented soon as the region's economy keep struggling. The Euro fell 0.15% to 140.55 yen and it was last seen at $1.3800, down from Friday's level of $1.3906.
The U.S. currency jumped on Tuesday rising against the majority of its most-traded peers as Treasuries fell amid brighter outlook for the country's economy after retail sales advanced more than forecast. The U.S. Dollar index measuring its performance versus basket of currencies gained 0.15% to 79.848 rebounding from yesterday's low of 79.562.
European equities were little changed on Tuesday with the FTSE Eurofirst index falling as companies from food and cosmetic sector reported unfavourable results and as geopolitical tension in Ukraine worsen last weekend pushing the euro-area currency lower. The broadest FTSE Eurofirst 300 Index dipped as much as 0.3% to 1,315 points.
The majority of Asia's shares dropped on Tuesday trading session as crisis in Ukraine escalated during the last weekend and as investors preferred riskier assets after a report showed that money supply in China advanced at a slowest rate in ten years. The MSCI broadest Asia-Pacific gauge outside Japan fell 0.3% and the Shanghai benchmark index lost 1.4%.
U.S. stock futures opened higher on Tuesday session after companies from Coca Cola to Johnson & Johnson reported favourable earnings today and as investors awaited data showing inflation and manufacturing figures in the U.S. The Standard & Poor's 500 futures advanced as much as 3 points, the Dow Jones Industrial average futures added 12 points and Nasdaq 100 futures gained
U.K. shares fell as commodity producers were dragged lower by Rio Tinto Group, also tensions in Ukraine continued. The FTSE 100 Index slid 0.2% to 6,569.45 as of 9:19 a.m. London time; however, the regional benchmark rose 0.3% on Monday. The FTSE All-Share Index dropped 0.1%, while Ireland's ISEQ Index climbed 0.1% today.
Chinese shares retreated the most in more than a month, led by commodity producers and financial companies, as nation's money supply increase has lost pace. The Shanghai Composite Index dropped 1.4% to 2,101.60 at the close, making it the biggest decline since March 10.The Hang Seng China Enterprises Index lost 2.1%, while the CSI 300 Index decreased 1.7%.
The Australian Dollar retreated versus all 16 most-traded counterparts after the release of country central bank's minutes from this month's meeting. The Aussie slid 0.5% to 93.82 U.S. cents at 4:51 p.m. Sydney time, after it reached 94.61 on last Thursday, the strongest level since November 8. The New Zealand Dollar weakened 0.6% to 86.40 U.S. cents.
Gold retreated from the highest level in three weeks, as investors speculated on the improving U.S. economy and Ukraine's situation. Gold bullion spot price slid 1.2% to $1,312.41 an ounce, and was at $1,313.47 as of 2:51 p.m. Singapore time. The yellow metal approached $1,331.20 on Monday, the highest since March 24. Previous year gold declined 14% in two straight
Inflation measured as consumer price index in Finland dropped in March falling towards the weakest level since 2010, a report unveiled by the Statistics Finland showed on Monday. According to the report, the country's consumer price inflation slipped from a level of 1.3% measured in February to 1.1% in the following month, the least in almost four years.
The total volume of retail sales in the U.S. accelerated last month rising by more than originally forecast as Americans return to shopping mode after cold winter, the latest data unveiled by the Commerce Department revealed on Monday. The U.S. retail sales climbed 1.1% on a monthly basis following a 0.7% jump in the month before.
Business inventories in the world's largest economy advanced in February rising by less than economists initially projected as business sales notably rebounded on the month, a report released by the Commerce Department unveiled on Monday. The U.S. business inventories gained 0.4% on a sequential basis in February matching previous month's increase.
Retail sales in Finland decreased in February falling by more than experts originally estimated, the latest data published by the Statistics Finland unveiled on Monday. According to the data, the nation's retail sales slid by 0.4% on an annual basis in February compared to 0.3% drop initially projected, while in January the volume of sales gained by 0.5%.
Industrial production in India slipped in February falling by more than economists expected as manufacturing weakened, a report released by the Central Statistical Office revealed on Monday. According to the report, the country's industrial output fell 1.9% in February compared to an expansion by 0.9% originally projected.
U.S. Treasuries increased on Monday trading session rising to the strongest level in a six-week period as demand for safe-haven assets advanced amid escalating geopolitical tension between Ukraine and Russia. The benchmark 10-year government bonds traded one basis point higher at 2.63% by 10:11 a.m. New York time.