Forex News from InstaForex

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Re: Forex News from InstaForex

Postby IFX Gertrude » Fri Jul 09, 2021 2:30 am

CHINA CPI SLOWS TO 1.1% ON YEAR IN JUNE

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Consumer prices in China were up 1.1 percent on year in June, the National Bureau of Statistics said on Friday.

That was shy of expectations for an increase of 1.3 percent, which would have been unchanged from the May reading.

On a monthly basis, consumer prices fell 0.4 percent - again missing expectations for a flat reading following the 0.2 percent decline a month earlier.

The bureau also said that producer prices were up 8.8 percent on year - in line with expectations and slowing from 9.0 percent in the previous month.

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Re: Forex News from InstaForex

Postby IFX Gertrude » Mon Jul 12, 2021 2:14 am

AUSTRALIA BUILDING PERMITS SINK 7.1% IN MAY

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The total number of building permits issued in Australia was down a seasonally adjusted 7.1 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at 20,163.

That matched expectations following the 5.7 percent decline in April.

On a yearly basis, building permits surged 52.7 percent.

Permits for private sector houses sank 10.3 percent on month but climbed 55.2 percent on year to 13,571. Permits for private sector dwellings excluding houses rose 1.2 percent on month and 53.6 percent on year to 6,374.

The value of total building rose 4.5 percent on month, while the value of total residential building fell 6.7 percent and the value of non-residential building rose 28.5 percent

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Re: Forex News from InstaForex

Postby IFX Gertrude » Mon Jul 12, 2021 2:14 am

AUSTRALIA BUILDING PERMITS SINK 7.1% IN MAY

Image

The total number of building permits issued in Australia was down a seasonally adjusted 7.1 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at 20,163.

That matched expectations following the 5.7 percent decline in April.

On a yearly basis, building permits surged 52.7 percent.

Permits for private sector houses sank 10.3 percent on month but climbed 55.2 percent on year to 13,571. Permits for private sector dwellings excluding houses rose 1.2 percent on month and 53.6 percent on year to 6,374.

The value of total building rose 4.5 percent on month, while the value of total residential building fell 6.7 percent and the value of non-residential building rose 28.5 percent

News are provided by
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Re: Forex News from InstaForex

Postby IFX Gertrude » Tue Jul 13, 2021 1:45 am

AUSTRALIA BUILDING PERMITS SINK 7.1% IN MAY

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Final consumer price figures are due from Germany and France on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's final consumer prices for June. Consumer price inflation is seen at 2.3 percent, unchanged from the flash estimate.

In the meantime, the Bank of England is slated to issue Financial Policy Committee Summary and Record.

At 2.30 am ET, producer price data is due from Switzerland.

At 2.45 am ET, the French statistical office Insee publishes final inflation figures for June. Economists forecast consumer price inflation to rise to 1.5 percent, as initially estimated, from 1.4 percent in May.

At 3.00 am ET, industrial production and retail sales from Turkey and consumer prices from the Czech Republic are due. The Czech inflation is seen at 2.7 percent in June versus 2.9 percent in May.

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Re: Forex News from InstaForex

Postby IFX Gertrude » Wed Jul 14, 2021 1:47 am

EUROPEAN ECONOMICS PREVIEW: UK INFLATION DATA DUE

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Consumer and producer prices data from the UK is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for June. Inflation is seen rising to 2.2 percent from 2.1 percent in May. Factory gate inflation is forecast to rise to 4.8 percent from 4.6 percent a month ago.

At 3.00 am ET, Spain's statistical office INE is scheduled to issue final consumer prices for June. The final CPI is forecast to climb 2.6 percent annually, in line with flash estimate.

Half an hour later, Statistics Sweden publishes consumer prices for June. Economists expect inflation to ease to 1.3 percent from 1.8 percent in May.

At 5.00 am ET, Eurostat is set to publish monthly industrial production report. Eurozone industrial output is forecast to fall 0.2 percent on month, reversing a 0.8 percent rise in April.

At 7.00 am ET, Turkey central bank announces its monetary policy decision. The bank is expected to hold one-week repo rate at 19.00 percent.

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Re: Forex News from InstaForex

Postby IFX Gertrude » Thu Jul 15, 2021 2:38 am

JAPAN TERTIARY ACTIVITY FALLS IN MAY

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Japan's tertiary activity declined for the second straight month in May, data from the Ministry of Economy, Trade and Industry showed on Thursday.

The tertiary activity index fell 2.7 percent month-on-month in May, following a 0.8 percent decrease in April.

Among the individual components, medical, health care and welfare, living and amusement-related services, wholesale trade, information and communications, transport and postal activities, finance and insurance, retail trade, and goods rental and leasing declined in May.

Meanwhile, business-related services, real estate, flat industry, and electricity, gas, heat supply and water increased.

On a yearly basis, tertiary activity increased 10.3 percent in May, following a 9.9 percent rise in the previous month.

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Re: Forex News from InstaForex

Postby IFX Gertrude » Fri Jul 16, 2021 2:24 am

EUROPEAN ECONOMICS PREVIEW: EUROZONE FINAL INFLATION DATA DUE

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Final consumer prices and foreign trade figures from the euro area are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the European Automobile Manufacturers' Association is set to release new car registrations data for June.

At 3.00 am ET, harmonized consumer price figures are due from Austria and Slovakia.

At 4.00 am ET, Italy's Istat publishes external trade data for May.

At 5.00 am ET, Eurostat is scheduled to issue euro area final consumer prices and foreign trade figures. According to flash estimate, inflation eased to 1.9 percent in June from 2 percent in the previous month.

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Re: Forex News from InstaForex

Postby IFX Gertrude » Mon Jul 19, 2021 1:58 am

NEW ZEALAND SERVICES INDEX DATA DUE ON MONDAY

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New Zealand will on Monday see June results for the Performance of Services Index from BusinessNZ, highlighting an exceptionally light day for Asia-Pacific economic activity.

In May, the index score was 56.1 - well above the boom-or-bust line of 50 that separates expansion from contraction.

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Re: Forex News from InstaForex

Postby IFX Gertrude » Tue Jul 20, 2021 2:02 am

JAPAN OVERALL INFLATION CLIMBS 0.2% ON YEAR IN JUNE

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Overall consumer prices in Japan were up 0.2 percent on year in June, the Ministry of Internal Affairs and Communications said on Tuesday.

That was in line with expectations following the 0.1 percent decline in May.

Core consumer prices, which exclude volatile food prices, also gained an annual 0.2 percent. That too matched estimates following the 0.1 percent increase in the previous month.

Individually, prices were higher for food, housing, fuel, furniture, clothing, education and recreation; they were lower for medical care and transportation.

On a seasonally adjusted monthly basis, overall inflation was up 0.3 percent and core consumer prices rose 0.1 percent.

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Re: Forex News from InstaForex

Postby IFX Gertrude » Wed Jul 21, 2021 1:14 am

SOUTH KOREA PRODUCER PRICES JUMP 6.4% ON YEAR IN JUNE

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Producer prices in South Korea jumped 6.4 percent on year in June, the Bank of Korea said on Wednesday - slowing from 6.6 percent in May.

Individually, prices for agriculture, forestry and marine products rose 10.7 percent on year, while manufacturing products were up 10.8 percent, utilities fell 3.1 percent and services gained 2.3 percent.

On a monthly basis, producer prices added 0.4 percent - down from 0.5 percent in the previous month.

Individually, prices for agriculture, forestry and marine products rose 0.3 percent on month, while manufacturing products were up 0.6 percent, utilities rose 0.3 percent and services gained 0.2 percent.

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