U.S. healthcare companies’ business activity contracts at rapid pace in October
Nov 08, 2019 18:59 pm UTC| Commentary
Healthcare companies in the U.S. saw the most rapid contraction in business activity in more than three years in October, showed the latest U.S. Sector PMI. Although the fall was just modest overall, it was the first such...
Canadian housing starts remain sound in October
Nov 08, 2019 18:17 pm UTC| Commentary
Canadian housing starts remained at a healthy rate in October, coming in at 202 units. Sequentially, starts dropped 8.7 percent from Septembers solid level of 221.1k. Single-detached construction continued its recovery,...
Canadian employment falls in October, jobless rate remains unchanged at 5.5 pct
Nov 08, 2019 17:00 pm UTC| Commentary
The jobless rate in Canada remained the same at 5.5 percent in October as a net 1.8k jobs were shed. The labor force was slightly changed on the month. The total employment was dragged down by a net fall in full time...
French industrial production rebounds slightly in September, output drops in Q3 2019
Nov 08, 2019 15:34 pm UTC| Commentary
French industrial production rebounded in September. Sequentially, the industrial production grew 0.3 percent, following the fall of 0.9 percent in the prior month. The manufacturing industry recovered, growing 0.6 percent...
German exports grow in September, foreign trade surplus rises
Nov 08, 2019 13:18 pm UTC| Commentary
The German Federal Statistical Office reported that the nations exports rose 4.6 percent on a year-on-year basis in September, whereas imports grew 2.3 percent. On a seasonally adjusted basis, exports grew 1.5 percent...
Australian owner-occupier lending rises in September, may exert upward pressure on household debt
Nov 08, 2019 12:31 pm UTC| Commentary
Australian owner-occupiers continued to drive housing finance demand up. On a sequential basis, owner-occupier lending grew 3.2 percent in September ex refinancing. This is the fourth straight monthly solid result. On a...
U.S. Treasuries gain in muted trading session ahead of FOMC member Brainard’s speech
Nov 08, 2019 11:18 am UTC| Commentary Economy
The U.S. Treasuries gained during Fridays afternoon session amid a muted trading day that witnessed data of little economic significance. However, a speech by Federal Open Market Committee (FOMC) member Brainard, due to be...