Institutional investors and analysts in Germany have become slightly less pessimistic. The December ZEW indicator showed that the balance of optimists over pessimists was 14.4%, 0.5 percentage points above November, The increase is [...]
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Global| Dec 07 2004German Investor Confidence Stops Falling After Four Months of Decline
- Global| Dec 06 2004
German New Orders for Manufacturing Increase in October but Sales Lag
German data on new orders and sales are reported only in index form. The index of the volume of German new orders for manufacturing increased 1.09% in October from September, after a 0.78% rise in September. A decline of 1.23% in [...]
- Global| Nov 30 2004
A Spate of New Data from Japan: Most of It Disappointing
With the Japanese economy having increased a mere 0.1% in the third quarter, October data will be scrutinized for signs indicating whether the economy has merely paused or it has entered a down trend. Today, data on industrial [...]
- Global| Nov 29 2004
Denmark's GDP Third Quarter Growth Slowed by Decline in the Foreign Trade Balance
Gross domestic product in Denmark rose a negligible 0.04% in the third quarter. Private consumption rose almost 1% but public consumption fell by 0.6%. Gross fixed capital spending rose 3.6% and a swing in inventory change from a [...]
- Global| Nov 23 2004
Chile Reports Third Quarter Growth of Almost 7%
Chile reported today that real GDP was up 6.84% over a year ago, compared with a 5.26% rise in the second quarter and a 4.65% rise in the first quarter. Earlier this month, Mexico and Peru reported third quarter growth near 5%. Brazil [...]
- Global| Nov 22 2004
Taiwan Shows Good Growth in the Third Quarter: Consumer and Wholesale Price Increases Suggest Deflation May Soon [...]
Taiwan's third quarter real gross domestic production, on a seasonally unadjusted basis. was 5.3% above the third quarter of 2003 In nominal terms it was 4.7% above a year ago, indicating that deflation is still a factor in the [...]
Inflation in the UK continues to be well behaved. The official measure of inflation is the year-over-year percent change in the Consumer Price Index (CPI). In October, the inflation was 1.18%, up from the September rate of 1.09%, due [...]
- Global| Nov 15 2004
The Weak Dollar Likely to Be High on the Agenda at the Meeting of the Finance Ministers of the Group of 20 This Weekend
The weak dollar is likely to be high on the agenda at the meeting of the finance ministers and central bankers of the Group of 20 in Berlin this coming weekend, and it is likely to engender a debate over exchange rate policies. The [...]
- Global| Nov 09 2004
A Mixed Bag of Data from Germany: The ZEW Index of Expectation Down Sharply, Employment and Prices Higher
Optimists among German institutional investors and analysts were hard to find in November. The ZEW index that shows the balance of those expecting improved conditions during the next six months over those expecting worse conditions [...]
- Global| Nov 08 2004
US Dollar Decline Beginning to Affect Foreign Exchange Reserves
Japan and Taiwan have reported October data on reserves of foreign currencies. Although they were about 35% and 20%, respectively, above the year ago figure, the increases in foreign exchange reserves over year ago figures have been [...]
- Global| Nov 02 2004
The Disappointing Trend in German Retail Sales Continues
The downward trend in German retail sales that began in late 2003 continues. In September, the headline series--the value of retail sales excluding autos and gas stations--declined 0.41% from August and was 1.93% below September, [...]
- Global| Nov 01 2004
Australian Exports Continue Trend Toward More Asian Orientation and Commodity Prices Reflect Relative Demands of [...]
Export data released today show that the trend that began in early 2003 toward increased Australian exports to Asia relative to the US and Europe has continued. In September, 2004, exports to Asian countries were significantly above [...]
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