The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index recorded a rise in October
The Rightmove house price index advanced 5.60% on an annual basis, in October, in the UK. In the prior month, the Rightmove house price index had climbed 6.40%.
UK Rightmove house price index advanced in October
In the UK, the Rightmove house price index climbed 0.60% in October on a MoM basis. In the previous month, the Rightmove house price index had climbed 0.90%.
Euro-zone trade surplus dropped in August
Eurostat has indicated that the seasonally adjusted trade surplus in the Euro-zone dropped to €19.80 billion in August, following a trade surplus of €22.40 billion in the previous month. Market anticipation was for the region’s a trade surplus to fall to €22.10 billion.
Euro-zone new car registrations in EU 27 countries rose in September
New car registrations in the EU 27 countries rose 9.80% on a YoY basis in the Euro-zone, in September. In the prior month, new car registrations in the EU 27 countries had registered a rise of 11.20%.
Euro-zone trade surplus dropped in August
The Euro-zone has reported the non-seasonally adjusted trade surplus of €11.20 billion in August, compared to a trade surplus of €31.40 billion in the prior month. Market anticipation was for the region to register a trade surplus of €20.00 billion.
Euro-zone consumer price index rose as expected in September
In September, the consumer price index in the Euro-zone climbed 0.20% on a MoM basis, compared to an unchanged reading in the previous month. Market anticipation was for the consumer price index to rise 0.20%.
Italian trade surplus fell in August
Trade surplus in Italy fell to €0.47 billion in August, following a trade surplus of €3.01 billion in the prior month.
Italian global trade surplus fell in August
Italy has reported global trade surplus of €1.85 billion in August, from a revised global trade surplus of EUR 8.07 billion in the prior month. Market anticipation was for a global trade surplus of €4.23 billion.
US manufacturing production fell less than expected in September
On a monthly basis, manufacturing production registered a drop of 0.10% in September, in the US, compared to a revised fall of 0.40% in the prior month. Market anticipation was for manufacturing production to drop 0.20%.
US capacity utilisation dropped in September
In September, capacity utilisation dropped to 77.50% in the US, higher than market expectations of a drop to 77.30%. Capacity utilisation had registered a revised level of 77.80% in the prior month.
US Reuters/Michigan consumer sentiment index advanced in October
The flash Reuters/Michigan consumer sentiment index in the US registered a rise to 92.10 in October, higher than market expectations of an advance to 89.00. In the prior month, the Reuters/Michigan consumer sentiment index had recorded a reading of 87.20.
US net treasury international capital (TIC) long term purchases advanced in August
Net treasury international capital (TIC) long term purchases registered a rise to $20.40 billion in August. In the previous month, net treasury international capital (TIC) long term purchases had recorded a level of $7.70 billion.
US industrial production fell as expected in September
On a monthly basis, industrial production registered a drop of 0.20% in the US, in September, compared to a revised fall of 0.10% in the prior month. Market expectation was for industrial production to drop 0.20%.
US JOLTs job openings eased in August
JOLTs job openings registered a drop to 5370.00 K in August, in the US, compared to market expectations of a drop to a level of 5580.00 K. In the previous month, JOLTs job openings had registered a revised reading of 5668.00 K.
US total net TIC flows fell in August
Total net TIC flows in the US registered a drop to $9.20 billion in August. Total net TIC flows had recorded a revised level of $141.00 billion in the prior month.
Foreign investors turned net buyers of Canadian securities in the previous month
Foreign investors turned net buyers of C$3.11 billion worth of Canadian securities in August, from being net sellers of a revised C$10.09 billion worth of Canadian securities in the prior month.
Canadian investors turn net buyers of foreign securities in the previous month
Canadian investors turned net buyers of C$8736.00 billion worth of foreign securities in August, from being net sellers of a revised C$402.00 billion worth of foreign securities in the prior month.
BoJ Governor says Japan’s economy to recover moderately
Bank of Japan (BoJ) Governor Haruhiko Kuroda, on Friday, told a gathering of credit union executives that Japan’s economy is expected to recover moderately, citing a pickup in consumer spending in July and August compared to the April to June quarter. Earlier today, the BoJ Governor at a quarterly meeting of the central bank’s regional branch managers repeated his stance on the pace of Japan’s economic growth recovery and added that the central bank would make necessary adjustments to its aggressive easing while monitoring risks to growth and inflation.
Chinese GDP advanced as expected in 3Q 2015
In 3Q 2015, on a quarterly basis, gross domestic product (GDP) in China climbed 1.80%, in line with market expectations. In the prior quarter, GDP had registered a revised similar rise.
Chinese retail sales advanced more than expected in September
On a YoY basis, retail sales rose 10.90% in China, in September, higher than market expectations for an advance of 10.80%. Retail sales had risen 10.80% in the prior month.
Chinese industrial production (YTD) rose less than expected in September
Industrial production (YTD) advanced 6.20% on a YoY basis in China, in September, less than market expectations for a rise of 6.30%. Industrial production (YTD) had climbed 6.30% in the prior month.
Chinese retail sales (YTD) rose as expected in September
In September, retail sales (YTD) climbed 10.50% on an annual basis in China, meeting market expectations. Retail sales (YTD) had registered a similar rise in the prior month.
Chinese GDP advanced more than expected in 3Q 2015
In China, gross domestic product (GDP) registered a rise of 6.90% on an annual basis in 3Q 2015, more than market expectations for a rise of 6.80%. In the prior quarter, GDP had recorded a rise of 7.00%.
Chinese industrial production rose less than expected in September
In September, industrial production rose 5.70% on an annual basis in China, compared to an advance of 6.10% in the previous month. Markets were expecting industrial production to rise 6.00%.
Chinese fixed assets investment excl. rural YTD advanced less than expected in September
In China, fixed assets investment excl. rural YTD registered a rise of 10.30% in September on an annual basis, compared to an advance of 10.90% in the prior month. Markets were expecting fixed assets investment excl. rural YTD to rise 10.80%.
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