Guardian Stockbrokers Key Economic News Monday 30 October 2017

Share On Facebook

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

©

German import price index rose more than expected in September

On a MoM basis, the import price index in Germany recorded a rise of 0.90% in September, higher than market expectations for an advance of 0.50%. The import price index had recorded an unchanged reading in the previous month.

German import price index advanced more than expected in September

The import price index in Germany climbed 3.00% on an annual basis in September, higher than market expectations for a rise of 2.60%. In the previous month, the import price index had advanced 2.10%.

French consumer confidence unexpectedly slid in October

Consumer confidence unexpectedly dropped to 100.00 in France, in October, compared to market expectations of a steady reading. In the previous month, consumer confidence had registered a reading of 101.00.

Spanish retail sales rose more than expected in September

In September, on an annual basis, retail sales registered a rise of 2.10% in Spain, compared to a revised advance of 1.70% in the previous month. Markets were anticipating retail sales to climb 1.90%.

US Reuters/Michigan consumer sentiment index advanced in October

The final Reuters/Michigan consumer sentiment index recorded a rise to 100.70 in October, in the US, compared to a reading of 95.10 in the previous month. Markets were anticipating the Reuters/Michigan consumer sentiment index to rise to a level of 100.70. The preliminary figures had indicated a rise to 98.00.

US annualised GDP advanced more than expected in 3Q 2017

In 3Q 2017, on a quarterly basis, the preliminary annualised gross domestic product registered a rise of 3.00% in the US, more than market expectations for a rise of 2.60%. In the previous quarter, the annualised GDP had risen 3.10%.

US core personal consumption expenditure rose as expected in 3Q 2017

On a QoQ basis, in 3Q 2017, the flash core personal consumption expenditure advanced 1.30% in the US, compared to an advance of 0.90% in the previous quarter. Markets were anticipating core personal consumption expenditure to climb 1.30%.

US GDP price index rose more than expected in 3Q 2017

In the US, the flash gross domestic product price (GDP) index rose 2.20% on a quarterly basis in 3Q 2017, more than market expectations for an advance of 1.70%. In the previous quarter, the GDP price index had risen 1.00%.

US personal consumption advanced more than expected in 3Q 2017

The preliminary personal consumption registered a rise of 2.40% in the US, on a QoQ basis in 3Q 2017, more than market expectations for an advance of 2.10%. In the previous quarter, personal consumption had advanced 3.30%.

Japanese retail trade advanced less than expected in September

Retail trade in Japan registered a rise of 2.20% on a YoY basis in September, compared to an advance of 1.70% in the prior month. Markets were expecting retail trade to climb 2.30%.

Japanese retail trade rose as expected in September

On a monthly basis, in Japan, retail trade climbed 0.80% in September, in line with market expectations. Retail trade had registered a drop of 1.70% in the prior month.

Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191122 13:16:51