The German economy rebounded in the first quarter after narrowly avoiding recession late last year, led by a strong rise in household consumption and a booming construction sector, the Federal Statistical Office said Thursday. Germany's gross domestic product--the broadest measure of goods and services produced in an economy--expanded 0.4% in the three months through March from the previous quarter, which equals an annualized growth rate of 1.7%. The statistics body said that private consumption surged 1.2% from the fourth quarter, whereas government consumption declined 0.3% after a...

Read more

RECENT NEWS

Australia's annual core inflation held below the lower end of the central bank's target, suggesting interest rates will remain on hold. Quarterly trimmed-mean inflation, the key core measure, rose 0.4% vs an estimated 0.4%; annual trimmed-mean advanced 1.8% vs a forecast 1.8% The consumer price index, or headline inflation, climbed 0.5% from the previous quarter vs estimate of 0.4%;...

Consumer confidence in January fell to 120.2 vs 126.6 in prior month. Forecast range 119.0 to 129.0 from 55 estimates. Present situation confidence fell to 169.6 vs 169.9 last month. Consumer confidence expectations fell to 87.3 vs 97.7 last month. Source : Bloomberg

Australia added more jobs than forecast in December and unemployment fell back to 5 percent as the labor market withstands a plunge in property prices. Jobs rose 21,600 from November, beating the median forecast of economists for an 18,000 gain; the unemployment rate fell to 5% versus an estimated 5.1%. Full-time employment fell 3,000; part-time jobs increased by 24,600. Source...

Japan exports fell for the second time in four months in December as weakening demand from China and trade-war risks cloud the outlook. The value of exports declined 3.8 percent from a year earlier, according to the finance ministry. Economists had forecast a 1.8 percent drop. The latest sign of fragility in Japans exports comes as Bank of Japan policy makers meet Wednesday to give...

Britons are enjoying the strongest wage growth since the financial crisis a decade ago as the labor market tightens. Average earnings excluding bonuses continued to increase an annual 3.3 percent in the three months through November and unemployment fell to 4 percent, matching the lowest since 1975, the Office for National Statistics said Tuesday. Separate figures showed the budget deficit...

China economy expanded at the slowest pace since the global financial crisis, as a domestic financial clean-up, weakening global demand and trade conflict with the U.S. all dampened momentum. Gross domestic product rose 6.4 percent in the fourth quarter from a year earlier, matching economists estimates, and compared with 6.5 percent in the previous three-month period. In December,...

The UK retail sales contracted 0.9% over the month in December, missing market expectations by a small margin while core retail sales stripping the auto motor fuel sales also dropped 1.3% m/m. On an annualized basis, the UK retail sales fell 3.0% in December versus 3.6% expected while the core retail sales also declined 2.6% in the reported month versus 3.5% previous and 3.9%...

The UK Consumer Prices Index (CPI) 12-month rate came in at 2.1% in December, down from Novembers 2.3% and meeting the 2.1% print expected, the UK Office for National Statistics (ONS) reported on Wednesday. Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 1.9% y/y versus 1.8% booked in November while bettering the consensus forecast of 1.8%. The...

ASIA
Japan's Wage Gains Accelerate in November Despite Gloomy Outlook
Wednesday, 9 January 2019 07:18 WIB Japanese wages rose more than expected in November, offering hope of stronger consumer spending that could fuel inflation if gains are...
UNITED STATES
Asian markets closed for holiday
Monday, 31 December 2018 09:15 WIB Financial markets in Indonesia, Japan, the Philippines and South Korea are closed on Monday for a public holiday. AFP
EUROPE
U.K. Wages Grow at Fastest Pace Since 2008 in Tight Labor Market
Tuesday, 22 January 2019 17:09 WIB Britons are enjoying the strongest wage growth since the financial crisis a decade ago as the labor market tightens. Average earnings excluding...
GLOBAL ECONOMY
Trump Says China Will `Reduce and Remove' Car Import Tariffs
Monday, 3 December 2018 12:08 WIB U.S. President Donald Trump said China has agreed to œreduce and remove tariffs on American cars from 40 percent currently. He gave...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.