European markets reacted positively overnight to the release of the PMI data by Markit. The table below summarizes the recent PMI data. The table is a mixture of flash and historic (revised-flash or finalized) data. Actually, the [...]
Global| Oct 23 2014EMU Flash PMIs Show Life But Not Much Pulse
Global| Oct 22 2014U.S. Consumer Price Inflation Is Minimal
The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 22 2014Japanese Trade Trends Still Feature Deficits
Japan's trade position remained in substantial deficit in September, as exports and imports both showed some life in September. Goods-exports increased by 3.1% and were surpassed by the 5% growth rate for goods-imports. Over three [...]
Global| Oct 22 2014U.S. Mortgage Loan Applications To Refinance Jump With Lower Interest Rates
The Mortgage Bankers Association reported that their total Mortgage Market Volume Index surged 11.6% last week (-9.1% y/y) following two week's of moderate increase. Applications to refinance an existing loan jumped by roughly one- [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 22 2014U.S. Consumer Price Inflation Is Minimal
The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 22 2014U.S. Consumer Price Inflation Is Minimal
The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 21 2014U.S. Existing Home Sales Improve As Prices Fall Sharply
Sales of existing single-family homes rose 2.4% to 5.170 million (AR, -1.7%) during September from an unrevised 5.050 million in August. Sales were 3.9% below the peak reached last July. The latest level beat expectations for 5.10 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 21 2014U.S. Chain Store Sales Fall Hard
The International Council of Shopping Centers and Goldman Sachs reported that chain store sales declined 0.3% last week following a 0.7% decline during the prior week. As a result of weekly sales weakness, the y/y gain halved to 2.1%. [...]
by:Tom Moeller
|in:Economy in Brief
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