Economic Data

China’s Growth Numbers May Finally Add Up… in 2019

For local officials in China’s provinces keen to boost their chances of promotion, the days of being able to puff up the output data they send to Beijing may be coming to an end. Fifteen years ago, if you added up the gross domestic product of all China’s 31 provinces, you’d get a number more than 10 percent larger than ...

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Pound shakes off economic woes as traders set high shock bar

35 minutes ago Charlotte Ryan, Bloomberg London – Sterling is becoming immune to bad news. The currency has rallied more than 2% against the dollar in the past two weeks, despite several pieces of disappointing economic data. That included gains on days when reports showed a weak pace of UK services growth and falling property prices. The ...

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Slovak Republic – Factors To Watch on Sept 7 | Energy & Oil

BRATISLAVA, Sept 7 (Reuters) - Here are news stories, press reports and events to watch which may affect Slovak financial markets on Thursday. ALL TIMES GMT (Slovak Republic: GMT + 2 hours) =========================ECONOMIC DATA======================== Real-time economic data releases.................. Summary of economic data and forecasts......... Recently released economic data................ Previous stories on Slovak data.......... **For a schedule of corporate and economic ...

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Global PMI Roundup; August 2017

The first few days of any calendar month are now flooded with PMI data. Mostly due to Markit’s ongoing and increasing partnerships, we now have access to economic or business sentiment from and for almost anywhere in the world. It isn’t clear, however, if that is a good or useful development. For example, we can see quite plainly that there ...

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Weak data lifts NZ dollar against Aussie

The New Zealand dollar rose against the Australian dollar on Thursday after weak economic data across the Tasman but was little changed against the greenback ahead of the European Central Bank’s monetary policy statement. The kiwi was trading at A90.12c as at 5pm versus 89.93c at 8am and 90.52c late Wednesday. It was at US72.02c from 72.25c. Australia posted a ...

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Australian Dollar Knocked By Data Misses, Doesn’t Fall Far

Talking Points: Australia’s trade balance came in well below market expectations Retail sales for July missed too The Australian Dollar stumbled, but retains clear support at elevated levels Join DailyFX analysts live and interactive for all the crucial economic data as they’re released at the DailyFX Webinars The Australian Dollar took a modest tumble Thursday as a bunch of key ...

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Stocks end lower on poor economic data | Business

Stocks ended lower on Wednesday as risk appetite waned after economic data showed a blooming fiscal deficit in August and a much higher than expected increase in inflation numbers, dealers said.  Analyst Ahsan Mehanti at Arif Habib Corp said stocks closed bearish on concerns over Rs1.8 trillion fiscal deficit and dismal CPI inflation data for August. “Pressure remained in oil ...

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Bank of Canada raises interest rate to 1 per cent

The Bank of Canada is once again raising its benchmark interest rate as it sees the economy’s powerful performance pointing to broader, more self-sustaining growth. The central bank hiked its rate Wednesday by one-quarter point to 1.0 per cent, its second 25-basis-point increase since July. The move, which will likely be a surprise for some, came less than a week ...

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