Forex News from InstaForex

Forex broker related topics and discussions

Re: Forex News from InstaForex

Postby IFX Gertrude » Wed Jun 19, 2019 12:29 am

Japan May Trade Deficit Y967.1 Billion

Image

Japan posted a merchandise trade deficit of 967.1 billion yen in May, the Ministry of Finance said on Wednesday - up 67.5 percent on year.

That exceeded expectations for a shortfall of 1,207.0 billion yen following the 110.9 billion yen deficit in April.

Exports were down 7.8 percent on year to 5.835 trillion yen, also beating forecasts for a drop of 8.4 percent following the 2.4 percent decline in the previous month.

Exports to Asia were down 12.1 percent on year to 3.120 trillion yen, while exports to China alone fell 9.7 percent to 1.148 trillion yen.

Exports to the United States rose an annual 3.3 percent, while exports to the European Union sank 7.1 percent to 647.475 billion yen.

Imports sank an annual 1.5 percent to 6.802 trillion yen versus expectations for an increase of 1.0 percent after soaring 6.5 percent a month earlier.

Imports from Asia fell 3.3 percent on year to 3.100 trillion yen, while imports from China alone eased 0.9 percent to 1.540 trillion yen.

Imports from the United States dipped an annual 1.6 percent to 792.795 billion yen, while imports from the European Union climbed 8.7 percent to 898.979 billion yen.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Wed Jun 19, 2019 11:54 pm

New Zealand GDP Expands 0.6% On Quarter In Q1

Image

New Zealand's gross domestic product grew a seasonally adjusted 0.6 percent on quarter in the first three months of 2019, Statistics New Zealand said on Thursday - matching forecasts and unchanged from the previous quarter.

On an annualized yearly basis, GDP was up 2.5 percent - exceeding forecasts for an increase of 2.3 percent, which would have been unchanged.

Activity in the goods-producing industries rose 2.0 percent in the March 2019 quarter. The growth was mainly driven by increased activity in the construction industry (up 3.7 percent), its largest increase since the September 2017 quarter. The rise in construction was reflected in investment in non-residential building (up 9.9 percent) and residential buildings (up 2.7 percent).

Manufacturing activity rose 1.4 percent in the March 2019 quarter, after a 0.4 percent decline in the December 2018 quarter. Increased food, beverage, and tobacco manufacturing contributed strongly to the rise this quarter. There were also increases in metal product manufacturing; non-metallic mineral manufacturing; and petroleum, chemical, polymer, and rubber product manufacturing.

Activity in the service industries rose 0.2 percent in the March 2019 quarter, the slowest growth rate since the September 2012 quarter. Of the 11 service industries, seven recorded growth.

The main drivers of this quarter's growth were health care and social assistance (up 1.7 percent) and transport, postal, and warehousing (up 1.2 percent). Retail, accommodation, and restaurants fell 0.5 percent. Lower activity in accommodation and restaurants reflected a dip in visitor arrivals to New Zealand in February and March.

Agriculture, forestry, and fishing production fell 2.3 percent in the March 2019 quarter, after a 0.3 percent fall in the December 2018 quarter. The fall in the latest quarter was due to unfavorable weather conditions. Agriculture (down 2.3 percent), forestry and logging (down 1.2 percent), and fishing (down 0.4 percent) all declined. This was offset by a rise in mining (up 9.6 percent), due to higher exploration activity along with an increase in oil and gas extraction.

Household spending grew 0.5 percent in the March 2019 quarter, after a 1.0 percent rise in the December 2018 quarter. Growth was subdued this quarter due to lower spending on services (up 0.3 percent). This was the weakest growth in services expenditure since the December 2014 quarter. Spending on durable and non-durable goods increased 1.4 percent and 0.4 percent, respectively.

Investment in fixed assets was up 2.4 percent in the March 2019 quarter. Higher construction activity was reflected in higher construction-related investment expenditure. Business investment (all investment less residential buildings) rose 1.9 percent.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Fri Jun 21, 2019 2:23 am

European Economics Preview: Eurozone Flash PMI Data Due

Image

Flash Purchasing Managers' survey from euro area and public sector finance from the UK are due on Friday, headlining a light day for the European economic news.

At 3.15 am ET, IHS Markit releases France's flash composite PMI data. Economists forecast the index to rise marginally to 51.3 in June from 51.2 in May. At 3.30 am ET, Germany's composite PMI data is due. The composite index is seen at 52.5 in June versus 52.6 a month ago.

At 4.00 am ET, IHS Markit is slated to release PMI survey results for euro area. The composite PMI is forecast to rise to 52.0 in June from 51.8 in May.

In the meantime, industrial output and producer price reports are due from Poland. Industrial production is seen rising 7.5 percent annually in May, following a 9.2 percent rise in April. Producer price inflation is expected to ease to 1.6 percent in May from 2.6 percent a month ago.

At 4.30 am ET, the Office for National Statistics releases UK public sector finance data. The budget deficit is expected to narrow to GBP 4.1 billion in May from GBP 5.8 billion in April.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Sun Jun 23, 2019 11:54 pm

European Economics Preview: Germany Ifo Business Confidence Data Due

Image

Business sentiment data from Germany is due on Monday, headlining a light day for the European economic news.

At 1.00 am ET, Statistics Finland releases producer prices for May. Prices had increased 0.1 percent on month in April.

At 3.00 am ET, the Czech business confidence survey data is due for June. The business sentiment index had fallen to 12.7 in May from 15.1 in April.

At 4.00 am ET, Germany's Ifo business sentiment survey results are due. Economists forecast the business confidence index to fall to 97.5 in June from 97.9 in May.

The ifo current conditions index is seen at 100.8 versus 100.6 in May. Meanwhile, the expectations index is forecast to fall to 95.1 in June from 95.3 in May.

In the meantime, retail sales data from Poland is due. Sales are forecast to expand 8.5 percent annually, following a 13.6 percent rise in April.

At 5.00 am ET, Statistics Iceland is scheduled to issue monthly wage data for May.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Mon Jun 24, 2019 11:52 pm

Japan Producer Prices Rise 0.8% On Year In May

Image

Business sentiment data from Germany is due on Monday, headlining a light day for the European economic news.

Producer prices in Japan were up 0.8 percent on year in May, the Bank of Japan said on Tuesday.

That was shy of expectations for an increase of 1.0 percent and down from the upwardly revised 1.0 percent gain in April (originally 0.9 percent).

On a monthly basis, producer prices dipped 0.3 percent after easing 0.1 percent in the previous month.

Individually, prices were down for communications, transportation, advertising and maintenance, while prices were up for real estate. Finance was roughly flat.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Wed Jun 26, 2019 12:44 am

European Economics Preview: Germany GfK Consumer Sentiment Data Due

Image

Consumer confidence from Germany is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Germany's GfK consumer confidence survey results are due. The forward-looking consumer confidence index is seen falling slightly to 10.0 in July from 10.1 in June.

In the meantime, Norway labor force survey data is due. The jobless rate is seen unchanged at 3.5 percent in April.

At 2.45 am ET, France's statistical office Insee publishes consumer confidence survey data. The index is expected to rise marginally to 100 in June from 99 in May.

At 4.00 am ET, unemployment data is due from Poland. The jobless rate is expected to fall to 5.4 percent in May from 5.6 percent in April.

At 5.00 am ET, Statistics Iceland releases consumer price inflation data for June.

At 5.15 am ET, Bank of England Governor Mark Carney, policymakers Jon Cunliffe, Silvana Tenreyro and Michael Saunders are set to answer questions at the Treasury Select Committee.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Wed Jun 26, 2019 10:23 pm

Japan Retail Sales Rise 0.3% In May

Image

Retail sales in Japan were up a seasonally adjusted 0.3 percent on month in May, the Ministry of Economy, Trade and Industry said on Thursday - shy of expectations for a gain of 0.6 percent following the downwardly revised 0.1 percent drop in April (originally flat).

On a yearly basis, retail sales were up 1.2 percent - in line with expectations and up from the downwardly revised 0.4 percent increase in the previous month (originally 0.5 percent).

Large retailer sales were down 0.5 percent on year, missing forecasts for a gain of 0.2 percent following the 1.8 percent drop a month earlier.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Fri Jun 28, 2019 12:28 am

New Zealand Consumer Sentiment Strengthens In June

Image

New Zealand consumer confidence strengthened in June after falling a month ago, survey data from ANZ-Roy Morgan showed on Friday.

The consumer confidence index rose to 122.6 in June from 119.3 in May. The score rose to a bit above its historical average.

The current conditions index rose 2 points to 128, and the future conditions index gained 4 points to 119.

Consumers' perceptions of their current financial situation lifted 5 points to a net 15 percent assessing financially better off than a year ago. A net 29 percent of consumers expect to be better off financially this time next year, which was up 6 points. However, the proportion of households who think it's a good time to buy a major household item fell 3 points to 40 percent.

Perceptions regarding the next year's economic outlook lifted 5 points to 12 percent and the five-year outlook rose 2 points to +16 percent. Inflation expectations among consumers advanced to 4.0 percent in June from 3.6 percent in May.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Mon Jul 01, 2019 8:38 pm

Japan Monetary Base Jumps 4.0% In June

Image

The monetary base in Japan was up 4.0 percent on year in June, the Bank of Japan said on Tuesday - coming in at 512.991 trillion yen.

That follows the 3.6 percent increase in May.

Banknotes in circulation were up an annual 3.1 percent, while coins in circulation advanced 2.3 percent. Current account balances climbed 4.2 percent, including a 3.8 percent increase in reserve balances.

The adjusted monetary base jumped an annual 7.2 percent to 510.159 trillion yen.

For the second quarter of 2019, the monetary base was up 3.6 percent on year.

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

Re: Forex News from InstaForex

Postby IFX Gertrude » Wed Jul 03, 2019 1:24 am

China's Private Sector Expands Marginally In June

Image

China's private sector expanded marginally in June despite contraction in manufacturing, survey data from IHS Markit showed Wednesday.

The Caixin composite output index fell to 50.6 in June from 51.5 in May. However, a score above 50 indicates expansion. The reading signaled the weakest growth since last October.

The services Purchasing Managers' Index dropped more-than-expected to 52.0 in June from 52.7 in the previous month. The expected reading was 52.6.

"The conflict between China and the U.S. impacted business confidence rather heavily," Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group said. "Although its impact on exports hasn't been fully reflected in the short-run, the longerterm situation doesn't look optimistic. Future government policies to stabilize economic growth are likely to focus on new types of infrastructure, consumption and high-quality manufacturing."

News are provided by
InstaForex
.
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2714
Joined: Wed Nov 07, 2012 6:25 am

PreviousNext

Return to Forex Brokers



cron