Yuan slides post China GDP
SHANGHAI, Oct 19 (Reuters) – China’s yuan eased against the U.S. dollar on Thursday morning after slightly slower economic growth in the third quarter, while strong corporate demand for the greenback piled additional pressure on the Chinese currency. China’s economy grew 6.8 percent in July-September period from a year earlier, in line with market expectations […]
Japan September Trade Surplus Y670.17 Billion
Japan posted a merchandise trade surplus of 670.17 billion yen in September, the Ministry of Finance said on Thursday.
Bullet Report: Top 5 things to know in the market today, October 18th
1. Euro traded lower against the U.S. dollar for the fourth consecutive trading day extending its losses below 1.1750. However even with today’s decline, the total losses over this period was just over 100 pips which is not…
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South Korea Export Prices Advance 0.9% In September
Export prices in South Korea climbed 0.9 percent on month in September, the Bank of Korea said on Wednesday – accelerating from 0.6 percent in August.
U.S. Homebuilder Confidence Unexpectedly Improves In October
Homebuilder confidence in the U.S. has unexpectedly seen an improvement in the month of October, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index surged up…
U.S. Industrial Production Rebounds Slightly More Than Expected
After reporting a notable decrease in U.S. industrial production in the previous month, the Federal Reserve released a report on Tuesday showing production rebounded by slightly more than expected in the month of September. The report said production r…
U.S. Import And Export Prices Increase More Than Expected In September
U.S. import and export prices both increased by more than anticipated in the month of September, according to a report released by the Labor Department on Tuesday. The report said import prices climbed by 0.7 percent in September after rising by 0.6 pe…
UK Consumer Prices Rise Most Since 2012
British consumer prices increased at the fastest pace in more than five years in September, led by a weaker pound, adding to the likelihood of a rate hike as early as the next month. Driven by food and transport prices, inflation rose to 3 percent in S…
German Investor Confidence At 4-month High
Germany’s economic sentiment improved for a second straight month in October, thanks to positive growth figures, strong order books and further improvement in the outlook for exports, results of a key survey showed Tuesday.
European Economics Preview: UK Inflation Data Due
Inflation figures from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news.