Canadian economic growth accelerates sequentially in July
Sep 30, 2020 15:19 pm UTC| Commentary
The Canadian economic growth continued to accelerate. On a month-on-month basis, the GDP grew 3 percent in July. The rise was historically elevated, but the rebound phase seems to be coming to an end, noted TD Economics in...
Australian building approvals fall in August on softness in unit approvals
Sep 30, 2020 14:26 pm UTC| Commentary
Australian building approvals fell 1.6 percent sequentially in August after rising 12.2 percent in the prior month. Unit approvals mainly drove the weakness, falling 12.9 percent, but house approvals continued to go up,...
Gold off 1-week peak as greenback rebounds after Trump-Biden's first debate
Sep 30, 2020 09:55 am UTC| Commentary
Gold prices declined, reversing most of its previous session gains, as investors awaited key takeaways from the first U.S. presidential debate, while optimism over hopes of a U.S. coronavirus aid deal limited...
U.S. consumer sentiment index rises sharply in September
Sep 29, 2020 18:12 pm UTC| Commentary
The Conference Boards index of U.S. consumer confidence rose to 101.8 in September, marking the largest monthly gain in almost 17 years. The rebound was comparatively widespread throughout the present situation and...
U.S. goods trade deficit widens further in August, imports growth surpasses exports growth
Sep 29, 2020 17:34 pm UTC| Commentary
The U.S. goods trade deficit widened further in August, with growth in imports surpassing exports. The trade deficit widened USD 3.6 billion to USD 82.9 billion in August, exceeding Julys record USD 79.3 billion. The...
German headline inflation falls into negative territory again in September on lower energy prices
Sep 29, 2020 16:40 pm UTC| Commentary
German headline inflation slipped into negative territory again in September. On a year-on-year basis, inflation fell to -0.2 percent from 0.0 percent in September. The fall is partially due to lower energy prices, which...
Swedish economic confidence index rises further in September, indicates rebound in economic growth
Sep 29, 2020 15:02 pm UTC| Commentary
The Swedish Economic Sentiment Indicator rose further in the month of September, suggesting a rebound in the economic growth. The ESI index rose to 94.5. The consumer sentiment index rose to 88.3. Consumers are slightly...
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