Economic Data

Economic Data In a Nutshell – September 29, 2017

A long week of incremental U.S. economic data closes on this final trading day of Q3, with August Personal Income and Spending results hitting the tape ahead of this morning’s opening bell. Both headline numbers came in exactly as expected: Personal Income +0.2%, Spending +0.1%. Both figures are pointed in the right direction, but again we are seeing very sluggish ...

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Gold little changed ahead of U.S. data, set for quarterly gain

LONDON (Reuters) – Gold prices dipped on Friday as investors awaited U.S. economic data that was expected to give more clues about a possible interest rate hike in December. Spot gold was down 0.1 percent at $1,285.73 per ounce by 1215 GMT while U.S. gold futures rose 0.02 percent to $1,289 per ounce. Spot gold was on track to register ...

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EUR/USD Stable, GBP/USD Falls After Economic Data Deluge

(MENAFN – DailyFX) Talking Points – The held its ground against the Friday as figures showed lower than expected Euro-Zone inflation in September but a higher than expected core rate. – German statistics were also mixed, with August retail sales weaker than predicted but September unemployment better. – In the UK, final second-quarter economic growth numbers included a downward revision ...

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Japan’s Consumer Prices Up for an 8th Month ahead of Carney, Draghi and a Heavy Economic Calendar to Drive the EUR, GBP and the USD

Earlier in the Day: Macroeconomic data through the Asian session was on the heavier side this morning, with stats out of Japan including August’s household spending, retail sales, prelim industrial production and inflation numbers. While data out of Japan was mixed, the numbers were relatively upbeat, with industrial production coming in better than forecasted, household spending recovering from July’s weak ...

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Global Market Report – September 29 2017

Asia Japanese indices closed marginally lower at the end of the week, but are higher than at the start of the month of September and at the beginning of the quarter. The Nikkei ended the month at 20,356.28, around 4,00 points higher than at the same point in 2016. The profile is similar for the country’s benchmark Topix index. Weaker ...

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Japan economic data boost PM Abe ahead of vote

A raft of broadly positive economic data gave Japan’s Prime Minister Shinzo Abe a boost on Friday, as he kicked off an election campaign in which the health of the world’s third-biggest economy will play a major role. Factory output grew more than expected while household spending — seen as key for Japan’s exit from years of deflation — edged ...

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China funds cut equity exposure to 1-year low, boost cash

Reuters SHANGHAI, Sept 29 (Reuters) – Chinese fund managers cut their suggested equity exposure for the next three months to the lowest level in a year, citing worries over economic growth following a flurry of worse-than-expected data, a monthly Reuters poll showed. The fund managers slashed their suggested equity allocations to 73.8 percent, from 76.9 percent a month ...

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POLL-China funds cut equity exposure to 1-year low, boost cash

* For accompanying table, click on SHANGHAI, Sept 29 (Reuters) – Chinese fund managers cut their suggested equity exposure for the next three months to the lowest level in a year, citing worries over economic growth following a flurry of worse-than-expected data, a monthly Reuters poll showed. The fund managers slashed their suggested equity allocations to 73.8 percent, from 76.9 ...

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