Australia posted a seasonally adjusted merchandise trade deficit of A$1.359 billion in July, the Australian Bureau of Statistics said on Thursday. That topped forecasts for a shortfall of A$1.750 billion following the upwardly revised A$1.564 billion deficit in June (originally A$-1.683 billion). Exports were up 1.0 percent on month or A$280 million to A$27.022 billion. Non-monetary gold surged A$150 million ...
India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. All main economic sectors recorded growth during the ...
First-time weekly jobless claims in the U.S. fell by 1,000 to a seasonally adjusted 298,000 during the week to Saturday, the Labor Department said Thursday. The previous week's claims were revised up by 1,000 to 299,000. Heading into the report, consensus expectations compiled by various news organizations showed economists expected to see about 299,000 to 302,000 new claims. Meanwhile, the four-week moving average ...
- Euro-Zone Consumer Price Index (CPI) to Slow to 0.3%- Lowest Since October 2009 - Core Inflation to Hold Steady at 0.8% for Third Consecutive Month Trading the News: Euro-Zone Consumer Price Index (CPI) Another downside in the Euro-Zone’s Consumer Price Index (CPI) may heighten the bearish sentiment surrounding the EUR/USD as it puts increased pressure on the European Central Bank (ECB) to further embark on its easing cycle. What’s Expected: ...
Apple has confirmed that it is holding a press event on Sept. 9, most likely to unveil new products. The company is widely expected to debut a new version of the iPhone, and the company will reportedly offer at least one model with a larger 5.5-inch screen. Reports also indicate that Apple may show off the long-awaited iWatch, a wearable device that would likely run on iOS. The event will take place in the company’s hometown of Cupertino, California at 10 a.m. Pacific time. ...
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