Norwegian housing prices rise in October, likely to fall slightly in future
Nov 03, 2017 20:36 pm UTC| Commentary
Norways housing prices rose in October, contrary to the trend. On a seasonally adjusted basis, housing prices rose 0.4 percent sequentially in the month. Nordea Bank had expected a decline of 0.5 percent, while the Norges...
Norwegian unemployment numbers fall in October
Nov 03, 2017 20:08 pm UTC| Commentary
The Norwegian labor market data for the month of October affirms that the downward trend in unemployment continues with undiminished force, contrary to Norges Banks view, noted Nordea Bank in a research...
U.S. factory orders grow above expectations in September
Nov 03, 2017 19:40 pm UTC| Commentary
U.S. factory orders recorded further strong growth in September, rising 1.4 percent sequentially. Factory orders came in slightly above consensus expectations of 1.2 percent rise. Barclays had expected a strong showing in...
U.S. ISM non-manufacturing index rises further in October to highest since 2005
Nov 03, 2017 19:08 pm UTC| Commentary
The Institute for Supply Managements non-manufacturing index rebounded further in October by rising 0.3 points to 60.1. This is the highest reading since 2005. The print for October surprised on the upside with market...
U.S. service sector activity rises further in October
Nov 03, 2017 18:38 pm UTC| Commentary
Business activity throughout the U.S. service sector rose further in October. The seasonally adjusted IHS Markit Services Business Activity Index came in at 55.3 in October, unchanged from Septembers index. The latest...
Job growth accelerates further in Canada in October on rise in full-time jobs
Nov 03, 2017 17:47 pm UTC| Commentary
Canada saw 11th consecutive increase in job as 35.3k net new positions were added in October. The jobless rate rose marginally to 6.3 percent in the month after staying at 6.2 percent for two months, as more people entered...
U.S. trade deficit widens in September
Nov 03, 2017 16:32 pm UTC| Commentary
The U.S. trade deficit broadened in September to USD 43.5 billion from the earlier USD 42.8 billion deficit. This was widely consistent with expectations. Both import and export growth rose in September, compared to the...