Buz Investors Poland Industrial Production Rises Poland's industrial production grew in February, but cost pressures also increased, data from the Central Statistical Office showed Friday.

Chinese industrial profits (YoY) advanced in June

China Total Industrial Profits  | Data | Chart | Calendar

FOREX INVESTORS BUZZ


source: tradingeconomics.com
Chinese industrial profits  earned by China’s industrial firms rose 22.0 percent to 3,633.8 CNY billion from a year earlier in the first six months of 2017, compared to a 22.7 percent growth during January to May. Profits of state-owned industrial enterprises soared 45.8 percent and those of the private sector grew by 14.8 percent. Also, profits rose for joint-stock enterprise (23.6 percent) and foreign and Hong Kong, Macao and Taiwan investment enterprises (18.9 percent). Among the 41 industries surveyed, 38 posted year-on-year profit, with coal mining and washing industry; agricultural and sideline food processing; chemical raw material and chemical products; automotive manufacturing; coking, processing of nucleus fuel; non-metallic mineral products and ferrous metal processing recording the strongest growth. Considering June 2017 only, industrial profits rose 19.1 percent to 727.78 CNY billion, faster than a 16.7 percent rise in a month earlier. Corporate Profits in China averaged 1393654.96 CNY Million from 1996 until 2017, reaching an all time high of 6880320 CNY Million in December of 2016 and a record low of 1617 CNY Million in February of 1998.



Chinese industrial profits

China Total Industrial Profits

In China, corporate profits refer to total profits of all state-owned industrial enterprises and non-state-owned industrial enterprises with the annual sales revenue above 5 million yuan. This page provides – China Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Industrial Profits – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
3633750.00 2904760.00 6880320.00 1617.00 1996 – 2017 CNY Million Monthly
Current prices, NSA, CMVL

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Swiss UBS consumption indicator registered an unexpected drop in November

Swiss UBS consumption indicator climbed in June

Swiss Consumption Indicator Remains Broadly Stable In June

FOREX INVESTORS BUZZ

Swiss UBS consumption indicator registered an unexpected drop in November

Swiss UBS consumption indicator  The Swiss consumption indicator remained broadly stable in June signaling subdued growth in private spending in recent months, survey data from the UBS investment bank showed Wednesday.

The consumption indicator rose marginally to 1.38 in June from revised 1.32 in May.

Relatively weak growth in employment was much to blame for the lackluster number, the bank said. However this weakness was offset somewhat by robust new car registrations data and overnight hotel stays by Swiss nationals.



Swiss UBS consumption indicator

 

The UBS forecasts employment growth rates to pick up during the course of the year, which should support consumption. Meanwhile, new car registrations advanced 2.1 percent in June.

Further, hotel overnight stays by Swiss nationals increased by 2.4 percent year-on-year. The mood also improved in the retail sector, although it started from a low base, the bank added.

Private household consumption is forecast to grow by 1.3 percent in 2017.

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Buz Investors UK Rightmove house price The Rightmove house price index in the UK climbed 1.30% in March on a MoM basis. The Rightmove house price index had recorded a rise of 2.00% in the previous month.

US Housing Starts Rebound In June 

US Housing Starts Rebound In June

CURRENCY INVESTORS

US Housing Starts Housing starts in the United States jumped 8.3 percent from the previous month to a seasonally adjusted annualized rate of 1215 thousand in J

US Housing Starts Housing starts in the United States jumped 8.3 percent from the previous month to a seasonally adjusted annualized rate of 1215 thousand in June of 2017, following an upwardly revised 1122 thousand in the previous month and compared to market expectations of a 5.8 percent rise. It is the strongest construction activity in four months as starts increased in the Northeast, the Midwest and the West.

 

Single-family starts, the largest segment of the market went up 6.3 percent to 849 thousand and the volatile multi-family segment surged 15.4 percent to 359 thousand. Starts jumped in the Northeast (83.7 percent to 158 thousand); the Midwest (22 percent to 205 thousand) and the West (1.6 percent to 319 thousand) but shrank 3.8 percent to 533 thousand in the South.



US Housing Starts

FOREX INVESTORS

Building permits increased 7.4 percent to a seasonally adjusted annualized rate of 1254 thousand from 1168 thousand in May and way above market expectations of 1200 thousand. Single-family authorizations gained 4.1 percent to 811 thousand and authorizations of units in buildings with five units or more went up 14.6 percent to 409 thousand. Among regions, building permits rose in the Midwest (19.7 percent to 207 thousand), the West (9.9 percent to 323 thousand) and the South (6.9 percent to 619 thousand) but fell in the Northeast (-13.9 percent to 105 thousand).

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Buz Investors Higher Paycom Stock Prices (NYSE:PAYC) stock has been a stellar performer since it went public in April 2014.

UK public sector net borrowing reported a deficit in June

United Kingdom Public Sector Net Borrowing | Data | Chart

CURRENCY INVESTORS  UK public sector net borrowing  Public sector borrowing including banks in the UK increased to GBP 6.28 billion in June 2017 from GBP 4.09 billion in the same month a year earlier, way above market expectations of GBP 4.3 billion. Excluding banks, the public sector had to borrow GBP 6.85 billion to balance the books, up 43 percent compared with the same month last year. Spending on debt interest jumped 33 percent to GBP 4.9 billion, the highest for any month of June since 2011 on the back of rising inflation. Public sector net debt increased by GBP 128.5 billion from the previous year to GBP 1,753.5 billion at the end of June, equivalent to 87.4 percent of GDP. Government Debt in the United Kingdom averaged -4058.08 GBP Million from 1993 until 2017, reaching an all time high of 12312 GBP Million in January of 2017 and a record low of -20084 GBP Million in April of 2012.



 UK public sector net borrowing

United Kingdom Public Sector Net Borrowing

In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities. This page provides the latest reported value for – United Kingdom Public Sector Net Borrowing – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Net Borrowing – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
-6278.00 -6388.00 12312.00 -20084.00 1993 – 2017 GBP Million Monthly
NSA

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UK retail sales rose more-than-expected in June

United Kingdom Retail Sales YoY  | Data | Chart | Calendar


source: tradingeconomics.com
FOREX INVESTORS  Retail Sales in the United Kingdom increased by 2.9 percent year-on-year in June 2017, beating market expectations of a 2.5 percent gain and following a 0.9 percent rise in May. Retail Sales YoY in the United Kingdom averaged 2.64 percent from 1997 until 2017, reaching an all time high of 8.90 percent in April of 2002 and a record low of -3.60 percent in February of 2009.

 Retail Sales

United Kingdom Retail Sales YoY Notes

In the United Kingdom, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides – United Kingdom Retail Sales YoY – actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Retail Sales YoY – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
2.90 0.90 8.90 -3.60 1997 – 2017 percent Monthly
2012=100, SA
Buz Investors Chinese producer price index climbed Primarily reflecting a jump in energy prices, the Labor Department released a report on Tuesday showing that U.S. producer prices rose by more than expected in the month of January.

German producer price index remained steady in June

Germany Producer Prices | Data | Chart | Calendar | Forecast

FOREX INVESTORS  German producer price  Producer Prices in Germany remained unchanged at 104.50 Index Points in June from 104.50 Index Points in May of 2017. Producer Prices in Germany averaged 64.57 Index Points from 1950 until 2017, reaching an all time high of 107.70 Index Points in January of 2013 and a record low of 26.50 Index Points in June of 1950.



German producer price

Germany Producer Prices

In Germany, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for – Germany Producer Prices – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Producer Prices – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
104.50 104.50 107.70 26.50 1950 – 2017 Index Points Monthly
2010=100, NSA

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There will be a lighter news schedule this week, compared to last week which was quite heavy. There is central bank input expected this week from Australia and New Zealand, as well as a few high-impact pieces of economic data, mostly from Canada and the U.S.A. The market is likely to be most active from Wednesday through to Friday. U.S. Dollar It will be a reasonably light week for the greenback after a slow start, beginning on Wednesday, with the release of Crude Oil Inventories. Thursday will see the release of Unemployment Claims numbers. Finally, on Friday we will have Preliminary UoM Consumer Sentiment data. Australian Dollar It will be a busy and important week for the Aussie, starting on Monday with the release of Retail Sales data. Tuesday brings the monthly RBA Rate Statement and Cash Rate. On Thursday, the Governor of the RBA will be making a minor speech, then finally on Friday the RBA Monetary Policy Statement will be released. New Zealand Dollar It will be a busy and important week for the Kiwi following Monday’s public holiday, starting on Tuesday with the release of Inflation Expectations data and the GDT Price Index. Wednesday brings the monthly RBNZ Rate Statement and Official Cash Rate, followed by the usual press conference. On Thursday, the Governor of the RBNZ will be testifying before Parliament. Chinese Yuan Friday will see a release of Trade Balance data. Canadian Dollar It will be a normal week for the Loonie, starting with Tuesday’s release of Trade Balance data, followed by Employment Change and Unemployment Rate numbers on Friday. British Pound It will be a quiet week for the Pound, with nothing of high impact scheduled except Manufacturing Production data on Friday.

Swiss trade surplus narrowed in June

Switzerland Balance of Trade  | Data | Chart | Calendar

FOREX INVESTORS   Swiss trade surplus narrowed 19 percent to CHF 2.81 billion in June 2017 from CHF 3.47 billion a year earlier and below market expectations of CHF 2.89 billion, as exports rose less than imports. Exports went up by 2.5 percent to CHF 18.74 billion while imports increased by 7.8 percent to CHF 15.93 billion. In May 2017, the trade balance was recorded CHF 3.40 billion surplus Balance of Trade in Switzerland averaged 186.35 CHF million from 1950 until 2017, reaching an all time high of 4779.82 CHF million in January of 2017 and a record low of -1478.68 CHF million in August of 1989.



 Swiss trade surplus

Swiss Trade Surplus Narrows 19% In June

Swiss trade surplus narrowed 19 percent to CHF 2.81 billion in June 2017 from CHF 3.47 billion a year earlier and below market expectations of CHF 2.89 billion as exports rose less than imports. Exports went up by 2.5 percent to CHF 18.74 billion while imports increased by 7.8 percent to CHF 15.93 billion. In May 2017, the trade balance was recorded CHF 3.40 billion surplus. 

Year-on-year, exports rose by 2.7 percent to CHF 18.74 billion, mainly driven by an increase in sales of watches (5.3 percent), metals (11.5 percent), and jewelry and bijouterie (62.5 percent). In contrast sales fell for : chemical and pharmaceutical products (-4.0 percent), machinery and electronics (-1.6 percent) and precision instruments (-1 percent).

Among major trade partners, sales went up to: China (6.1 percent); Japan (5.1 percent); Hong Kong (21.8 percent), and the US (17.8 percent). In contrast sales went down to EU countries (-3.1 percent), mainly Germany (-12.1 percent) and France (-0.5 percent)

Imports rose 7.8 percent to CHF 15.93 billion, driven by an increase in purchases of chemical and pharmaceutical products (24.2 percent), machinery and electronics (-0.2 percent), metals (3.7 percent), jewelry and bijouterie (30.3 percent), and textiles, clothing, footwear (10.7 percent). In contrast purchases decreased for : vehicles (-11.1 percent) and food, beverages and tobacco (-1.0 percent).

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Buz Investors Australian unemployment rate Australia’s jobless rate had edged up to its highest mark in six months despite an increase in jobs in December that outstripped market expectations. Official numbers from the Australian Bureau of Statistics revealed 13,500 jobs were created last month, against forecasts for a more modest 10,000 rise.

Australian unemployment rate remained unchanged in June

Australia Unemployment Rate   | Data | Chart | Calendar

FOREX INVESTORS  Australian unemployment rate Australia’s seasonally adjusted unemployment rate remained unchanged at 5.6 percent in June of 2017 from an upwardly revised 5.6 percent in May and consistent with market estimates. The jobless rate remained at its lowest level since October 2016, as the economy added 14,000 jobs while the number of unemployed increased by 13,100. Unemployment Rate in Australia averaged 6.90 percent from 1978 until 2017, reaching an all time high of 11.20 percent in December of 1992 and a record low of 4 percent in February of 2008.



Australian unemployment rate

Australia Jobless Rate Steady At 7-Month Low of 5.6% In June

Australia’s seasonally adjusted unemployment rate remained unchanged at 5.6 percent in June of 2017 from an upwardly revised 5.6 percent in May and consistent with market estimates. The jobless rate remained at its lowest level since October 2016, as the economy added 14,000 jobs while the number of unemployed increased by 13,100.

In June, the seasonally adjusted labour force participation rate increased to a 17-month high of 65.0 percent from 64.9 percent in the previous period, above market expections of 64.9 percent.

Employment increased by 14,000 to 12,166,900, slightly short of market estimates of a 15,000 increase: full-time employment increased by 62,000 to 8,356,000 while part-time employment decreased by 48,000 to 3,810,800.

Unemployment rose by 13,100 to 728,100. The number of unemployed persons looking for full-time work advanced by 9,200 to 500,600 and the number of unemployed persons only looking for part-time work rose 3,900 to 227,500.

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CURRENCY INVESTORS Japanese machine tool orders climbed in June

Japan Machinery Orders  | Data | Chart | Calendar | Forecast

CURRENCY INVESTORS Japanese machine tool orders  Core machinery orders in Japan, which exclude those of ships and electrical equipment, unexpectedly declined by 3.6 percent month-over-month in May of 2017, following a 3.1 percent drop in the prior month and missing markets consensus of a 1.7 percent rise. It was the second straight month of fall in core orders and the fastest since August 2016, as non-manufacturing orders fell further (-5.1 percent from -5.0 percent in April), due to communications (-29.5 percent), construction (-25.3 percent) and transport and postal activities (-21.7 percent). Meantime, manufacturing orders went up at a slower pace (1.0 percent from 2.5 percent), as orders rose less for business oriented machinery, electrical machinery (3.3 percent from 18.0 percent), information and communication electronics (17.9 percent from 34.9 percent) and other manufacturing (15.7 percent from 12.5 percent). Year-on-year, machinery orders rose 0.6 percent, much slower than a 2.7 percent growth in April. Machinery Orders in Japan averaged 0.28 percent from 1987 until 2017, reaching an all time high of 25.50 percent in October of 1996 and a record low of -15.80 percent in October of 1992.



Japanese machine tool orders

Japan Machinery Orders

In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies. This page provides the latest reported value for – Japan Machinery Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Machinery Orders – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -3.10 25.50 -15.80 1987 – 2017 percent Monthly
SA

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