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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Swiss producer and import price index dropped less than expected in July
In July, on a monthly basis, the producer and import price index in Switzerland registered a drop of 0.10%, lower than market expectations for a drop of 0.20%. The producer and import price index had registered a rise of 0.10% in the prior month.
Swiss producer and import price index declined less than expected in July
In July, the producer and import price index recorded a drop of 0.80% on an annual basis in Switzerland, lower than market expectations for a fall of 0.90%. In the prior month, the producer and import price index had recorded a drop of 1.00%.
US NY Empire State manufacturing index declined surprisingly in August
The NY Empire State manufacturing index in the US fell unexpectedly to a level of -4.21 in August, compared to a reading of 0.55 in the previous month. Market expectation was for the NY Empire State manufacturing index to rise to a level of 2.00.
US total net TIC flows declined in June
In the US, total net TIC flows fell to a level of $202.80 billion in June, compared to a level of $11.00 billion in the previous month.
US net treasury international capital (TIC) long term purchases recorded a drop in June
In the US, net treasury international capital (TIC) long term purchases eased to $3.60 billion in June. In the previous month, net treasury international capital (TIC) long term purchases had recorded a revised level of $40.80 billion.
US housing market index registered a rise in August
The housing market index registered a rise to 60.00 in August, in the US, compared to a revised reading of 58.00 in the previous month. Market anticipation was for the housing market index to rise to a level of 60.00.
Canadian existing home sales fell in July
Existing home sales eased 1.30% on a monthly basis, in July, in Canada. Existing home sales had dropped 0.90% in the previous month.
Japanese capacity utilisation climbed in June
Capacity utilisation rose 1.50% on a MoM basis, in June, in Japan. Capacity utilisation had fallen 2.40% in the previous month.
Japanese industrial production recorded a rise in June
In Japan, the final industrial production climbed 2.30% in June, on a MoM basis. Industrial production had registered a drop of 2.60% in the previous month. The preliminary figures had indicated an advance of 1.90%.
Japanese industrial production declined in June
In June, on an annual basis, the final industrial production in Japan eased 1.50%. Industrial production had fallen 0.40% in the previous month. The preliminary figures had recorded a fall of 1.90%.
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