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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Halifax house price index advanced less than expected in the July-September 2015 period
On a YoY basis, the Halifax house price index recorded a rise of 8.60% in the July-September 2015 period, in the UK, lower than market expectations for an advance of 9.10%. In the June-August 2015 period, the Halifax house price index had registered a rise of 9.00%.
UK new car registrations rose in September
In September, on a YoY basis, new car registrations in the UK registered a rise of 8.60%. In the previous month, new car registrations had recorded a rise of 9.60%.
UK Halifax house price index surprisingly dropped in September
In September, the Halifax house price index in the UK registered an unexpected drop of 0.90% on a MoM basis, compared to a rise of 2.70% in the prior month. Market expectation was for the Halifax house price index to climb 0.10%.
UK BRC shop price index declined in September
The BRC shop price index in the UK registered a drop of 1.90% on an annual basis, in September. In the previous month, the BRC shop price index had registered a drop of 1.40%.
German factory orders unexpectedly declined in August
In August, the seasonally adjusted factory orders unexpectedly dropped 1.80% on a MoM basis in Germany, lower than market expectations for a rise of 0.50%. Factory orders had registered a revised drop of 2.20% in the prior month.
German factory orders advanced less than expected in August
The non-seasonally adjusted factory orders in Germany registered a rise of 1.90% on an annual basis in August, lower than market expectations for an advance of 5.60%. In the previous month, factory orders had registered a revised drop of 1.30%.
Swiss consumer price index registered an unexpected rise in September
On a monthly basis, the consumer price index recorded an unexpected rise of 0.10% in Switzerland, in September, more than market expectations for an unchanged reading. In the previous month, the consumer price index had registered a drop of 0.20%.
Swiss EU HICP registered a drop in September
In Switzerland, the EU harmonised consumer price index slid 1.20% in September on an annual basis. The EU HICP had registered a similar fall in the previous month.
Swiss consumer price index declined less than expected in September
The consumer price index in Switzerland slid 1.40% on a YoY basis in September, less than market expectations for a fall of 1.50%. In the prior month, the consumer price index had registered a similar fall.
Swiss EU HICP registered a rise in September
In Switzerland, the EU harmonised consumer price index rose 0.40% on a MoM basis, in September. In the prior month, the EU HICP had recorded a drop of 0.60%.
US Redbook index advanced in the last week
The Redbook index advanced 0.70% in the US on an annual basis, in the week ended 02 October 2015. The Redbook index had advanced 0.90% in the prior week.
US Redbook index dropped in the last week
On a monthly basis, the seasonally adjusted Redbook index recorded a drop of 1.60% in the US, in the week ended 02 October 2015. In the prior week, the Redbook index had fallen 1.50%.
US economic optimism index advanced in October
In October, the economic optimism index recorded a rise to 47.30 in the US, compared to market expectations of an advance to 44.50. The economic optimism index had recorded a reading of 42.00 in the previous month.
US trade deficit expanded in August
According to Bureau of Economic Analysis, U.S. Census Bureau, trade deficit in the US expanded to $48.33 billion in August, compared to market expectations of a trade deficit of $48.00 billion. The US had reported a revised trade deficit of $41.81 billion in the previous month.
Canadian Ivey PMI registered a decline in September
In Canada, the seasonally adjusted Ivey PMI registered a drop to 53.70 in September, lower than market expectations of a drop to a level of 54.00. In the prior month, Ivey PMI had registered a reading of 58.00.
Canadian international merchandise trade deficit widened in August
The international merchandise trade deficit in Canada expanded to C$2.53 billion in August, compared to a revised international merchandise trade deficit of C$0.82 billion in the previous month. Markets were anticipating the nation to register a international merchandise trade deficit of C$1.20 billion.
BOJ kept monetary policy steady
The Bank of Japan kept monetary policy steady in its recent monetary policy meeting and reiterated its pledge to conduct money market operations so that the monetary base will increase at an annual pace of about 80 trillion yen. Further the Japanese central bank stated that nation’s economy has continued to recover moderately, although exports and production have been affected by the slowdown in developing economies and it will continue with QQE, aiming to achieve the price stability target of 2%.
Japanese foreign exchange reserves advanced in September
In September, foreign exchange reserves in Japan recorded a rise to $1248.90 billion. Foreign exchange reserves had recorded a reading of $1244.20 billion in the prior month.
Chinese foreign exchange reserves surplus dropped in 3Q 2015
Foreign exchange reserves surplus in China narrowed to $3.51 trillion in 3Q 2015, more than market expectations of a foreign exchange reserves surplus of $3.50 trillion. China had posted a foreign exchange reserves surplus of $3.56 trillion in the prior quarter.
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