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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone current account surplus dropped in August
In August, the non-seasonally adjusted current account surplus in the Euro-zone dropped to €13.70 billion, from a revised current account surplus of €37.90 billion in the previous month.
Euro-zone current account surplus dropped in August
The seasonally adjusted current account surplus in the Euro-zone fell to €17.70 billion in August, from a revised current account surplus of €25.60 billion in the prior month.
German producer price index dropped more than expected in September
In September, the producer price index registered a drop of 0.40% on a monthly basis in Germany, higher than market expectations for a fall of 0.20%. The producer price index had dropped 0.50% in the prior month.
German producer price index fell more than expected in September
In September, the producer price index slid 2.10% in Germany on an annual basis, compared to a fall of 1.70% in the prior month. Market anticipation was for the producer price index to ease 1.80%.
Italian current account surplus fell in August
Italy has registered current account surplus of €1.39 billion in August, compared to a current account surplus of €6.65 billion in the previous month.
Swiss imports recorded a rise in September
On a MoM basis, imports climbed 2.60% in Switzerland, in September. In the previous month, imports had dropped by a revised 3.40%.
Swiss trade surplus widened in September
In September, trade surplus in Switzerland expanded to CHF 3.05 billion, compared to market expectations of a trade surplus of CHF 3.27 billion. Switzerland had reported a revised trade surplus of CHF 2.86 billion in the prior month.
Swiss exports registered a rise in September
In Switzerland, exports recorded a rise of 0.20% on a MoM basis, in September. Exports had registered a revised drop of 2.00% in the previous month.
US housing starts advanced in September
Housing starts in the US rose 6.50%, on MoM basis, to an annual rate of 1206.00 K in September, compared to market expectations of 1142.00 K. In the previous month, housing starts had recorded a revised reading of 1132.00 K.
US Redbook index declined in the last week
in the week ended 16 October 2015, on a MoM basis, the seasonally adjusted Redbook index in the US dropped 0.10%. The Redbook index had fallen 0.20% in the previous week.
US building permits unexpectedly fell in September
In September, building permits in the US unexpectedly fell by 5.00%, on MoM basis, to an annual rate of 1103.00 K, lower than market expectations of 1170.00 K. Building permits had recorded a revised level of 1161.00 K in the previous month.
US Redbook index recorded a rise in the last week
On a YoY basis, the Redbook index in the US rose 1.30% in the week ended 16 October 2015. The Redbook index had climbed 1.10% in the previous week.
Canadian wholesale sales surprisingly eased in August
In August, wholesale sales unexpectedly eased 0.10% in Canada on a MoM basis, compared to a revised similar fall in the prior month. Markets were anticipating wholesale sales to climb 0.20%.
Japanese Tokyo department store sales advanced in September
In September, on an annual basis, Tokyo department store sales in Japan recorded a rise of 4.90%. In the previous month, Tokyo department store sales had risen 6.10%.
Japanese merchandise (total) trade deficit fell in September
Japan has reported merchandise (total) trade deficit of ¥114.50 billion in September, compared to a revised merchandise (total) trade deficit of ¥569.40 billion in the prior month. Markets were anticipating the nation to record a merchandise (total) trade surplus of ¥87.00 billion.
Japanese exports advanced less than expected in September
On a YoY basis, in September, exports advanced 0.60% in Japan, less than market expectations for a rise of 3.60%. In the prior month, exports had advanced 3.10%.
Japanese convenience store sales recorded a rise in September
In Japan, convenience store sales rose 1.30% on a YoY basis, in September. In the previous month, convenience store sales had climbed 1.70%.
Japanese nationwide department store sales climbed in September
On an annual basis, nationwide department store sales advanced 1.80% in Japan, in September. In the previous month, nationwide department store sales had risen 2.70%.
Japanese adjusted merchandise trade deficit narrowed in September
Japan has posted adjusted merchandise trade deficit of ¥355.70 billion in September, from a revised adjusted merchandise trade deficit of ¥373.50 billion in the prior month. Market anticipation was for the nation to record a adjusted merchandise trade deficit of ¥63.40 billion.
Japanese imports dropped less than expected in September
In September, imports slid 11.10% in Japan on a YoY basis, compared to a fall of 3.10% in the prior month. Markets were anticipating imports to fall 11.70%.
Japanese machine tool orders recorded a drop in September
In Japan, the final machine tool orders eased 19.10% on a YoY basis, in September. Machine tool orders had recorded a drop of 16.50% in the previous month. The preliminary figures had also recorded a drop of 19.10%.
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