Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

France’s business morale rebounds in August

August 24, 2024 2:21 pm
France’s business confidence has improved in August, the latest data by INSEE showed. The gauge of business morale came in at a reading of 98.8 in August, while rebounding from a 3 1/2-year low of 95.4 in July. Still, the indicator remained below its long-term average level of 100.0. In August, businesses were less pessimistic […] Read more

Norway’s domestic loan debt rises the most since Dec 2023

August 24, 2024 11:55 am
The general public’s domestic loan debt in Norway has grown at an annualized rate of 3.7% to NOK 7.41 billion at the end of July, data by Statistics Norway showed. It has been the fastest domestic loan debt growth since December 2023 and followed a 3.6% YoY increase in June. Municipal government loan debt increased […] Read more

Sweden’s unemployment rate at 7.7% in July

August 23, 2024 11:01 am
The rate of unemployment in Sweden was reported at 7.7% in July, up from 6.2% in the same month of the preceding year. The number of unemployed persons went up by 88,000 from July 2023 to 454,000, data by Statistics Sweden showed. In the meantime, the number of employed individuals dropped by 5,000 to 5.444 […] Read more

New Zealand retail sales fall 1.2% QoQ in Q2

August 23, 2024 9:17 am
Retail sales in New Zealand were reported to have decreased at a quarterly pace of 1.2% in Q2 of 2024, after a revised down 0.5% rise in the first quarter. Market consensus had pointed to a 1% quarter-on-quarter decline. The Q2 sales drop extended the downward trend observed over the past eight quarters. In Q2, […] Read more

South Africa’s CPI inflation eases to three-year low

August 21, 2024 1:42 pm
Annual consumer price inflation in South Africa has eased to 4.6% in July from 5.1% in June, data by Statistics South Africa showed. It has been the lowest inflation rate in three years and it further approached the South African Reserve Bank’s target of 4.5%. Last month, inflation eased for: – food and non-alcoholic beverages […] Read more

Japan’s trade deficit widens to JPY 621.8 billion in July

August 21, 2024 9:58 am
Japan’s trade deficit has widened to JPY 621.84 billion in July, data showed, from JPY 61.33 billion in July of 2023. In comparison, market consensus had pointed to a shortfall of JPY 330.7 billion. Total imports went up 16.6% year-on-year to a 19-month high of JPY 10,241,008 billion in July. At the same time, Japan’s […] Read more

Canada’s CPI inflation slows to over 3-year low

August 21, 2024 8:22 am
Annual headline consumer inflation in Canada has eased to 2.5% in July from 2.7% in June, the latest data by Statistics Canada showed. The CPI reading came in line with market consensus and also marked the lowest inflation rate since March 2021. The latest reading also came in line with the Bank of Canada’s projections […] Read more

Euro Area CPI inflation confirmed at 2.6% in July

August 20, 2024 11:41 am
The annual CPI inflation rate in the Euro Area was confirmed at 2.6% in July, while accelerating from 2.5% in June. A year earlier, CPI inflation stood at 5.5%. In July, inflation picked up for energy (1.2% YoY versus 0.2% YoY in June), while it remained steady for non-energy industrial goods, at 0.7%. In the […] Read more

New Zealand reports trade deficit in July

August 20, 2024 9:49 am
New Zealand reported a trade deficit of NZD 0.963 billion in July, which compares with a NZD 1.174 billion shortfall in the same month of 2023. Still, it has been the nation’s largest trade gap since January. Total exports surged 14% year-on-year to NZD 6.1 billion in July. That reflected higher shipments of: – crude […] Read more

Switzerland’s trade surplus smallest since April

August 20, 2024 8:08 am
Switzerland reported a trade surplus in the amount of CHF 4.1 billion in July, compared to a revised down CHF 4.7 billion surplus in June. It has been the smallest trade surplus since April. The nation’s total exports went down 2.7% month-over-month to CHF 22.5 billion in July. The latter reflected lower shipments of: – […] Read more