The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK retail sales across all sectors surprisingly advanced in September
On a YoY basis, retail sales across all sectors unexpectedly rose 0.40% in September, in the UK, higher than market expectations for a fall of 0.30%. Retail sales across all sectors had registered a drop of 0.90% in the prior month.
Euro-zone investor confidence index recorded a rise in October
The investor confidence index in the Euro-zone registered a rise to 8.50 in October, higher than market expectations of a rise to a level of 6.00. In the previous month, the investor confidence index had registered a reading of 5.60.
German trade surplus widened in August
Germany has reported the seasonally adjusted trade surplus of €20.00 billion in August, from a trade surplus of €19.50 billion in the prior month. Markets were expecting the nation to register a trade surplus of €19.50 billion.
German imports rose more than expected in August
In August, the seasonally adjusted imports climbed 3.00% on a monthly basis in Germany, compared to a drop of 0.70% in the prior month. Market expectation was for imports to rise 0.70%.
German current account surplus dropped in August
Germany has registered the non-seasonally adjusted current account surplus of €17.90 billion in August, compared to a revised current account surplus of €20.20 billion in the previous month. Market expectation was for a current account surplus of €15.00 billion.
German exports rose more than expected in August
On a MoM basis, the seasonally adjusted exports recorded a rise of 5.40% in August, in Germany, more than market expectations for an advance of 2.20%. Exports had registered a drop of 2.60% in the previous month.
French business sentiment index steadied in September
The business sentiment index in France remained flat at 98.00 in September, lower than market expectations of an advance to 99.00.
Italian industrial production surprisingly climbed in August
The seasonally adjusted industrial production in Italy unexpectedly climbed 1.70% in August on a monthly basis, more than market expectations for a drop of 0.10%. In the prior month, industrial production had advanced 0.40%.
Italian industrial production climbed in August
In Italy, the non-seasonally adjusted industrial production registered a rise of 7.40% on a YoY basis, in August. In the previous month, industrial production had fallen 6.30%.
Swiss unemployment rate remained steady in September
The non-seasonally adjusted unemployment rate remained flat at a level of 3.20% in Switzerland, in September, in line with market expectations.
Swiss unemployment rate remained steady in September
In Switzerland, the seasonally adjusted unemployment rate remained steady at a level of 3.30% in September, compared to market expectations of an advance to a level of 3.40%.
US composite leading indicator fell in August
In August, composite leading indicator in the US dropped to 99.00. In the previous month, composite leading indicator had registered a reading of 99.10.
Japanese (BOP basis) trade surplus dropped in August
(BOP basis) trade surplus in Japan dropped to ¥243.20 billion in August, compared to market expectations of a (BOP basis) trade surplus of ¥116.50 billion. Japan had registered a (BOP basis) trade surplus of ¥613.90 billion in the previous month.
Japanese adjusted (total) current account surplus rose in August
Adjusted (total) current account surplus in Japan expanded to ¥1975.70 billion in August, compared to an adjusted (total) current account surplus of ¥1447.80 billion in the previous month. Markets were expecting the nation to post an adjusted (total) current account surplus of ¥1570.30 billion.
Japanese current account surplus expanded in August
In August, the non-seasonally adjusted current account surplus in Japan rose to ¥2000.80 billion, compared to market expectations of a current account surplus of ¥1502.70 billion. Japan had posted a current account surplus of ¥1938.20 billion in the prior month.
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