U.S. pending home sales fall sharply in October, likely to continue to fall in months ahead
Nov 29, 2018 19:07 pm UTC| Commentary
Pending home sales in the U.S. dropped in October, implying more weakness in housing activity. Sales dropped sharply by 2.6 percent sequentially in the month, continuing a string of weak reports in sales activity that has...
Nov 29, 2018 18:14 pm UTC| Commentary
Jobless claims in the U.S. rose again. In the week ended 24 November, the initial jobless claims rose by 10k to 234k, as compared with the consensus expectations of a modest decline to 220k. The increased pushed the...
European Commission’s euro area economic sentiment index falls further in November
Nov 29, 2018 17:52 pm UTC| Commentary
Euro areas economic confidence came in weaker again in November. The European Commissions euro area economic sentiment index continued with its downtrend in November, declining for the 11th consecutive month. The index...
Canadian small business sentiment remains almost unchanged in November
Nov 29, 2018 17:22 pm UTC| Commentary
Canadas small business sentiment remained almost the same in November. The CFIB Business Barometer rose 0.7 points to 61.2 in the month from Octobers print of 60.5, leaving the index still below its pre-2015...
Nov 29, 2018 16:50 pm UTC| Commentary
German preliminary inflation slowed down in the month of November. On a year-on-year basis, the preliminary consumer price index dropped to 2.3 percent in November from 2.5 percent seen in the prior month. Consensus...
U.S. personal income rises sequentially in October, spending grows strongly
Nov 29, 2018 14:37 pm UTC| Commentary
U.S. personal income rose sequentially in October, rising 0.5 percent and coming above consensus expectations of a rise of 0.4 percent. Personal spending rose strong by 0.6 percent. Prices rose 0.2 percent sequentially and...
Nov 29, 2018 14:16 pm UTC| Commentary
Swiss economic growth fell in the third quarter on a sequential basis, owing to the industrial and service sectors. Meanwhile, domestic and foreign trade had a negative impact on the expenditure side. The Swiss Federal...