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Showing 51 - 60 of 127 results for "Economic Update"

Daily economic update

A higher-than-expected US core CPI reading cancelled out yesterday's positive mood in the financial markets brought about by good news on producer price inflation and the minutes of the March FOMC meeting, which raised hopes that US rate rises are about ...

Daily economic update

To date, it appears that the rise in the price of commodities, apart from energy, has had little impact on US input prices. US producer prices rose by 0.5 per cent in March with the core rate increasing by 0.1 per cent. Financial markets expected increases ...

Daily economic update

Oil pushed above US$70 a barrel and continues to hover around this level as geopolitical concerns remain very high in Iran and Nigeria. Concerns over global supply shortage have also increased following reports that the Chinese economy surged by 10.2 ...

Daily economic update

The US trade balance narrowed to a deficit of US$65.74 billion in February from a record US$68.59 billion deficit in the previous month. Market expectations were for a deficit of US$67.5 billion. US exports fell by 1.2 per cent as a 5.8 per cent drop ...

Daily Economic Update

The US National Association of Realtors (NAR) expects existing home sales to fall by 6.0 per cent this year, new home sales to drop by 10.9 per cent and housing starts to decline by 3.2 per cent. These forecasts, if proved correct, have serious ramifications ...

Daily economic update

It appears that the continued stability of domestic interest rates is impacting favourably on the housing market. The Australian Bureau of Statistics' (ABS) latest update on housing finance shows the total value of dwelling finance commitments - excluding ...

Daily Economic Update

After a lull over the past few months, the Australian labour market is again picking up speed. The number of employed persons increased by 27,900 in March, This follows February's surprise jump of 25,900 and is higher than market expectations for a ...

Daily economic update

There were again no surprises in the Reserve Bank of Australia's (RBA) announcement that its Board decided to keep the official cash rate unchanged at 5.5 per cent after yesterday's meeting. Moderate economic growth and benign inflation pressures have ...

Daily economic update

The US Institute of Supply Management (ISM) manufacturing index fell to 55.2 in March from 56.7 in the previous month. This is below market expectations for an increase to 57.7. The latest result indicates that the US manufacturing sector continues ...

Daily Economic Update

Australian consumer spending continues to gain momentum and the housing slowdown looks to be nearing the end. The Australian Bureau of Statistics (ABS) latest report shows that retail sales grew by a faster-than-expected 0.7 per cent in February - the ...