expected Archive

  • U.S. Import And Export Prices Climb More Than Expected A report released by the Labor Department on Tuesday showed increases in U.S. import and export prices in the month of August. The Labor Department said imports prices climbed by 0.6 percent in August after edging down by 0.1 percent in July. Economists had expected import prices to rise by 0.4 percent. The bigger than expected increase in import prices reflected a spike in prices for fuel imports, which shot up by 4.2 percent in August after falling by 0.6 percent in July. Excluding fuel imports, import prices crept up by 0.3 percent in August after slipping by 0.1 percent in the previous month. The report said export prices also rose by 0.6 percent in August following a 0.5 percent increase in the previous month. Export prices had been expected to edge up by 0.2 percent. Prices for agricultural exports inched up by 0.1 percent in August after jumping by 1.9 percent in July, while prices for non-agricultural exports cl..

    U.S. Import And Export Prices Climb More Than Expected

    U.S. Import And Export Prices Climb More Than Expected A report released by the Labor Department on Tuesday showed increases in U.S. import and export prices in the month of August. The Labor Department said imports prices climbed by 0.6 percent in August after edging down by 0.1 percent in July. Economists had expected import prices to rise by 0.4 percent. The bigger than expected increase in import prices reflected a spike in prices for fuel imports, which shot up by 4.2 percent in August after falling by 0.6 percent in July. Excluding fuel imports, import prices crept up by 0.3 percent in August after slipping by 0.1 percent in the previous month. The report said export prices also rose by 0.6 percent in August following a 0.5 percent increase in the previous month. Export prices had been expected to edge up by 0.2 percent. Prices for agricultural exports inched up by 0.1 percent in August after jumping by 1.9 percent in July, while prices for non-agricultural exports cl..
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  • Canada makes a good argument for stimulus The Trudeau government reached into the government coffers last year to deliver stimulus via infrastructure and child tax credits. Maybe it was lucky timing, maybe it was a good move but either way, Canadian growth as been much stronger than anticipated.

    Canada posts smaller-than-expected deficit in 2016-17

    Canada makes a good argument for stimulus The Trudeau government reached into the government coffers last year to deliver stimulus via infrastructure and child tax credits. Maybe it was lucky timing, maybe it was a good move but either way, Canadian growth as been much stronger than anticipated.
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  • U.S. Import And Export Prices Climb More Than Expected In August A report released by the Labor Department on Tuesday showed increases in U.S. import and export prices in the month of August. The Labor Department said imports prices climbed by 0.6 percent in August after edging down by 0.1 percent in July. Economists had expected import prices to rise by 0.4 percent. The report said export prices also rose by 0.6 percent in August following a 0.5 percent increase in the previous month. Export prices had been expected to edge up by 0.2 percent.

    U.S. Import And Export Prices Climb More Than Expected In August

    U.S. Import And Export Prices Climb More Than Expected In August A report released by the Labor Department on Tuesday showed increases in U.S. import and export prices in the month of August. The Labor Department said imports prices climbed by 0.6 percent in August after edging down by 0.1 percent in July. Economists had expected import prices to rise by 0.4 percent. The report said export prices also rose by 0.6 percent in August following a 0.5 percent increase in the previous month. Export prices had been expected to edge up by 0.2 percent.
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  • Canadian manufacturing sales for July - Prior was -1.8% (revised to -1.9%) July was the full month of Canadian dollar strength.

    Canada July manufacturing sales -2.6% vs -1.9% expected

    Canadian manufacturing sales for July - Prior was -1.8% (revised to -1.9%) July was the full month of Canadian dollar strength.
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  • Import and export price data from the US - Prior import price index +0.1% (revised to -0.1%) - Ex petroleum +0.3% vs +0.2% expected - Prior ex-petroleum 0.0% (-0.1%) Year-over-year

    August US import price index +0.6% vs +0.4% expected

    Import and export price data from the US - Prior import price index +0.1% (revised to -0.1%) - Ex petroleum +0.3% vs +0.2% expected - Prior ex-petroleum 0.0% (-0.1%) Year-over-year
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  • *Hungary CB Holds Key Rate Unchanged At 0.90% As Expected Hungary CB Holds Key Rate Unchanged At 0.90% As Expected

    *Hungary CB Holds Key Rate Unchanged At 0.90% As Expected

    *Hungary CB Holds Key Rate Unchanged At 0.90% As Expected Hungary CB Holds Key Rate Unchanged At 0.90% As Expected
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  • RBA Minutes: Australia Economy Growing Below Expected Trend Members of the Reserve Bank of Australia's Monetary Policy Board believe that the country's economic recovery remains below trend, minutes from the bank's September 5 meeting revealed on Tuesday - even as global economic conditions have strengthened. A main factor limiting the local economy was the stronger Australian dollar, which was at least partly the result of a weakening greenback. As a result, wage growth and inflation are both low and are expected to stay that way for the near future. "Taking into account all of the available information, and the need to balance the risks associated with high household debt in a low-inflation environment, the board judged that holding the stance of monetary policy unchanged would be consistent with sustainable growth in the economy and achieving the inflation target over time," the minutes said. At the meeting, the RBA decided to leave its key interest rate un..

    RBA Minutes: Australia Economy Growing Below Expected Trend

    RBA Minutes: Australia Economy Growing Below Expected Trend Members of the Reserve Bank of Australia's Monetary Policy Board believe that the country's economic recovery remains below trend, minutes from the bank's September 5 meeting revealed on Tuesday - even as global economic conditions have strengthened. A main factor limiting the local economy was the stronger Australian dollar, which was at least partly the result of a weakening greenback. As a result, wage growth and inflation are both low and are expected to stay that way for the near future. "Taking into account all of the available information, and the need to balance the risks associated with high household debt in a low-inflation environment, the board judged that holding the stance of monetary policy unchanged would be consistent with sustainable growth in the economy and achieving the inflation target over time," the minutes said. At the meeting, the RBA decided to leave its key interest rate un..
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  • U.S. Homebuilder Confidence Drops More Than Expected In September Reflecting concerns about the recent hurricanes, the National Association of Home Builders released a report on Monday showing a bigger than expected drop in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index dropped to 64 in September from a downwardly revised 67 in August. Economists had expected the housing market index to edge down to 67 from the 68 originally reported for the previous month. "The recent hurricanes have intensified our members' concerns about the availability of labor and the cost of building materials," said NAHB Chairman Granger MacDonald. He added, "Once the rebuilding process is underway, I expect builder confidence will return to the high levels we saw this spring." The bigger than expected decrease by the housing market index reflected declines by all three off the components that make up the index. The component g..

    U.S. Homebuilder Confidence Drops More Than Expected In September

    U.S. Homebuilder Confidence Drops More Than Expected In September Reflecting concerns about the recent hurricanes, the National Association of Home Builders released a report on Monday showing a bigger than expected drop in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index dropped to 64 in September from a downwardly revised 67 in August. Economists had expected the housing market index to edge down to 67 from the 68 originally reported for the previous month. "The recent hurricanes have intensified our members' concerns about the availability of labor and the cost of building materials," said NAHB Chairman Granger MacDonald. He added, "Once the rebuilding process is underway, I expect builder confidence will return to the high levels we saw this spring." The bigger than expected decrease by the housing market index reflected declines by all three off the components that make up the index. The component g..
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  • Retail sales data for August - Prior +0.6% (revised to +0.3%) - Ex-autos +0.2% vs 0.5% exp m/m. - Prior ex-autos +0.5% - Ex-autos & gas -0.1% vs +0.3% exp m/m. The hurricane could have been the culprit for the soft August numbers but storms certainly were the cause of the negative revision to July data.

    US August advance retail sales -0.2% vs +0.1% expected

    Retail sales data for August - Prior +0.6% (revised to +0.3%) - Ex-autos +0.2% vs 0.5% exp m/m. - Prior ex-autos +0.5% - Ex-autos & gas -0.1% vs +0.3% exp m/m. The hurricane could have been the culprit for the soft August numbers but storms certainly were the cause of the negative revision to July data.
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  • Retail sales data for August - Prior +0.6% (revised to +0.3%) - Ex-autos +0.2% vs 0.5% exp m/m. - Prior ex-autos +0.5% - Ex-autos & gas -0.1% vs +0.3% exp m/m. The hurricane could have been the culprit for the soft August numbers but storms certainly were the cause of the negative revision to July data.

    US August advance retail sales -0.2% vs +0.1% expected

    Retail sales data for August - Prior +0.6% (revised to +0.3%) - Ex-autos +0.2% vs 0.5% exp m/m. - Prior ex-autos +0.5% - Ex-autos & gas -0.1% vs +0.3% exp m/m. The hurricane could have been the culprit for the soft August numbers but storms certainly were the cause of the negative revision to July data.
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