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Guardian Stockbrokers Key Economic News Tuesday 23 August 2016

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.

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Swiss M3 money supply climbed in July

M3 money supply climbed 2.70% on a YoY basis, in July, in Switzerland. M3 money supply had recorded a revised rise of 2.30% in the previous month.

US Chicago Fed national activity index registered a rise in July

The Chicago Fed national activity index registered a rise to 0.27 in July, in the US, compared to market expectations of an advance to a level of 0.20. The Chicago Fed national activity index had registered a revised reading of 0.05 in the prior month.

Canadian wholesale sales advanced more than expected in June

On a MoM basis, wholesale sales recorded a rise of 0.70% in Canada, in June, more than market expectations for a rise of 0.10%. Wholesale sales had advanced by a revised 1.90% in the prior month.

Japanese convenience store sales climbed in July

On a YoY basis, convenience store sales climbed 0.30% in Japan, in July. In the prior month, convenience store sales had recorded a rise of 0.80%.

Japanese manufacturing PMI registered a rise in August

The flash manufacturing PMI recorded a rise to 49.60 in Japan, in August. Manufacturing PMI had registered a reading of 49.30 in the previous month.

Japanese supermarket sales registered a rise in July

In July, on a YoY basis, supermarket sales in Japan climbed 0.20%. In the previous month, supermarket sales had fallen 0.50%.

Chinese MNI business sentiment index recorded a decline in August

In China, the MNI business sentiment index recorded a drop to 54.30 in August, compared to a level of 55.50 in the previous month.

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