U.K. consumer sentiment likely to fall again in near term

Oct 31, 2017 20:40 pm UTC| Commentary

The latest GfK consumer sentiment indicator for the U.K. was consistent with expectations, reversing the rise of the prior month and ticking back down to -10 in October. Consumers assessment of the economy deteriorated a...

U.S. ISM manufacturing and non-manufacturing indices likely dropped in October

Oct 31, 2017 20:17 pm UTC| Commentary

The U.S. ISM manufacturing PMI is expected to have dropped in October. According to a TD Economics research report, the PMI index is likely to have dropped to 60 in the month, preserving some of its hurricane-induced...

U.S. consumer confidence index rises above expectations in October

Oct 31, 2017 19:45 pm UTC| Commentary

The U.S. Conference Boards index of consumer sentiment rose in the month of October. The consumer confidence index rose 5.3 points to 125.9, surpassing consensus expectations of 121.5 and moving to a new high for the...

U.S. home prices index rises in August, housing sector to see stable improvement in 2017

Oct 31, 2017 19:17 pm UTC| Commentary

Home prices in the U.S. maintained their momentum in August. The SP CoreLogic Case-Shiller 20-city Home Price Index rose 0.45 percent sequentially in August, surpassing consensus expectations of 0.40 percent rise. The...

U.S. employment cost index rises in Q3

Oct 31, 2017 18:12 pm UTC| Commentary

The U.S. employment cost index rises in the third quarter of this year. The ECI rose 0.7 percent sequentially, coming in line with consensus expectations. The ECI inflation decelerated a bit in the second quarter, but that...

Canadian economy contracts 0.1 pct sequentially in August

Oct 31, 2017 17:11 pm UTC| Commentary

Canadas economic growth shrank sequentially in August. The economy contracted 0.1 percent, as compared with consensus expectations of a rise of 0.1 percent. The declines were fairly concentrated, as 12 of 20 major...

Euro area economic growth expands above potential in Q3

Oct 31, 2017 15:38 pm UTC| Commentary

The euro area economy expanded above potential in the third quarter of this year. The GDP grew 0.6 percent. According to a Nordea Bank research report, private consumption and capital spending mainly drove the euro area...