The data published by the US Census Bureau today revealed that retail and food services sail in August rose 0.4% on a monthly basis to $526.1 billion and beat the market expectation for an increase of 0.2%. On a yearly basis, retail sales grew by 4.1%. Total sales for the June 2019 through August 2019 period were up 3.7% from the same period a year ago. The June 2019 to July 2019 percent change was revised from up 0.7% to up 0.8%, the publication further revealed. The initial market reaction helped the USD recover a small portion of its recent losses and the US Dollar Index was last down...

Read more

RECENT NEWS

The Institue for Supply Management in its latest Manufacturing ISM Report On Business said that the economic activity in the manufacturing sector expanded at a slower pace than expected in April with the headline PMI slumping to 52.8 from 55.3 in March and falling short of the market expectation of 55. Assessing the data, "Comments from the panel reflect continued expanding business strength,...

In its monthly Consumer Confidence Survey, The Conference Board reported that the consumer sentiment improved to 129.2 in April from 124.2 in March. According to the press release, both the Present Situation and the Expectation sub-indexes rose from March levels. Commenting on the data, "Overall, consumers expect the economy to continue growing at a solid pace into the summer months. These...

China's April Caixin manufacturing PMI came in at 50.2 vs. 51.0 expected and 50.8 last, as the overall health of China's manufacturing sector improved for the second straight month. Earlier today, the purchasing managers' index (PMI) for China's manufacturing sector arrived at 50.1 in April, down from 50.5 in March, the National Bureau of Statistics (NBS) reported. Latest PMI data showed that...

The first official gauge of China's manufacturing sector fell in April, signaling that the economic stabilization seen in the first quarter remains fragile. The manufacturing purchasing managers index stood at 50.1, down from 50.5 last month, while the non-manufacturing PMI -- a gauge of services and construction -- stood at 54.3 versus 54.8. Economists had...

U.S. economic growth accelerated by more than expected in the first quarter on a big boost from inventories and trade that offset a slowdown in consumer spending, bolstering the expansion ahead of a major milestone. Gross domestic product expanded at a 3.2 percent annualized rate in the January-March period, according to Commerce Department data Friday that topped all forecasts...

Orders for long-lasting durable goods posted the biggest increase in March since last summer, potentially signaling a rebound in the slower-growing industrial side of the economy. Durable-goods orders leaped 2.7% last month, led by stronger demand for autos, planes and networking equipment , the government said Thursday. Economists surveyed by MarketWatch had forecast a 0.5% increase If cars...

Australian Bureau of Statistics releases first-quarter inflation report in Sydney Wednesday. CPI unchanged Q/Q vs est. 0.2% gain. Weighted median CPI rose 0.1% Q/Q vs est. 0.4% gain. Trimmed mean CPI advances 1.6% Y/Y vs est. 1.7% gain. CPI climbs 1.3% Y/Y vs est. 1.5% gain. Weighted median CPI increases 1.2% Y/Y vs est. 1.6% gain AUD trades at 70.51 U.S. cents in Sydney from 70.92 cents...

According to the data published by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, housing starts in March declined by 0.3% and came below the market expectation for a growth of 6.5%. Nevertheless, the US Dollar Index didn't show a reaction with the trading volume remaining thin amid the Easter holiday. Privatelyowned housing units authorized by building...

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
U.S. Trade Deficit Narrows as Exports, Imports Both Plummet
Thursday, 6 June 2019 19:54 WIB The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs...
EUROPE
German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services. A flash...
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.