U.S. factory orders recover strongly in November
Jan 05, 2018 21:18 pm UTC| Commentary
Factory orders in the U.S. recovered strongly in November on sequential basis. Orders grew 1.3 percent, coming in above consensus expectations of 1.1 percent. Factory orders, stripping transportation rose 0.8 percent...
U.S. ISM non-manufacturing index falls in November
Jan 05, 2018 21:17 pm UTC| Commentary
The U.S. ISM nonmanufacturing index moderated in December. The index fell from Novembers 57.4 to 55.9 in December. The fall was against consensus expectations of a modest rise in December. The decline in the composite...
Canadian labor market adds jobs, jobless rate falls to 5.7 pct in December
Jan 05, 2018 19:58 pm UTC| Commentary
Canadas labor market saw extended gains in December. The nation added 78.6k net positions in the month. In spite of more Canadian being drawn to labor markets, the gains were sufficient to push the jobless rate to 5.7...
Canadian trade deficit widens in November, rise in imports outpaces exports growth
Jan 05, 2018 19:14 pm UTC| Commentary
Canadian trade deficit broadened in the month of November. Deficit came in at CAD 2.5 billion, widening from Octobers deficit of CAD 1.6 billion. The deficit widened as rise in imports surpassed those of exports. Exports...
U.S. payrolls rise below expectations in December
Jan 05, 2018 18:27 pm UTC| Commentary
U.S. payrolls rose below expectations in December. Payrolls were up by 148k, as compared with survey expectations of a rise of 190k. Hiring in private sector grew 146k, as compared with consensus expectations of 193k....
Indian economic growth likely to slow to 6.5 pct in FY2018, shows advance estimate
Jan 05, 2018 17:34 pm UTC| Commentary Economy
The first advance estimate of Indias full year FY2018 showed that economic growth is likely to have decelerated to 6.5 percent from 7.1 percent in FY2017. But, the projection is mainly predicated on weak H1 FY2018...
German retailers record solid growth in December 2017
Jan 05, 2018 15:53 pm UTC| Commentary
Retailers of Germany recorded a strong December as sales growth reached an eight-month high. The seasonally adjusted headline retail PMI rose to 55.1 from 54.6. The latest figure suggested a solid month-on-month rise in...