May 19, 2024 12:36 pm
Foreign investors’ exposure to Canadian securities has expanded by a net $14.37 billion in March following a net divestment of $4.28 billion in February, the latest data by Statistics Canada showed. It has been the highest figure since June 2023 and it well outpaced market consensus of $3.51 billion. In March, foreign investors acquired $17.9 […]
Read moreMay 18, 2024 4:13 pm
The annual CPI inflation rate in the Euro Area was confirmed at 2.4% in April, or unchanged from March and at a level unseen in nearly three years. In comparison, inflation rate in the bloc stood at 7% in April last year. Last month, services inflation slowed to 3.7% from 4% in March. A slowdown […]
Read moreMay 18, 2024 12:02 pm
Singapore’s non-oil domestic exports were reported to have decreased at a lesser rate than expected in April, while marking the third consecutive month of decline. The nation’s non-oil exports dropped 9.3% year-on-year in April, following a 20.8% slump in March. A consensus of analyst estimates had pointed to a 10% YoY drop. In April, sales […]
Read moreMay 17, 2024 4:04 pm
Swiss industrial production was reported to have shrunk 3.1% during the first quarter of 2024 from a year earlier, following a revised up 0.5% drop in the prior three-month period. In Q1, mining & quarrying output contracted 1.2% year-on-year, following a 1.8% surge in last year’s final quarter. In addition, Swiss manufacturing output continued to […]
Read moreMay 16, 2024 4:33 pm
Manufacturing activity in Philadelphia has slowed markedly in May from a month earlier, the latest data showed. The Philadelphia Fed Manufacturing Index was reported at a reading of 4.5 in May down from a two-year high of 15.5 in April. In comparison, market consensus had pointed to a lesser slowdown in activity (a reading of […]
Read moreMay 16, 2024 9:24 am
Annual consumer price inflation in Italy has decelerated to 0.8% in April from 1.2% in March, a final estimate by the National Institute of Statistics showed. The figure compared with a preliminary estimate of 0.9% and reflected the impact of extended restrictive monetary policy by the European Central Bank. In April, the cost of unregulated […]
Read moreMay 16, 2024 7:43 am
The EUR/NOK currency pair was hovering just above a fresh one-month low of 11.5874, after data showed Norway’s mainland GDP had grown in line with market expectations during the three months to March. GDP in Norway’s mainland, which does not take into account the petroleum-based offshore sector, grew at a quarterly rate of 0.2% in […]
Read moreMay 15, 2024 3:15 pm
Russia has reported its biggest trade balance surplus since December 2022 in March. The country’s trade surplus widened to USD 18.81 billion in March from USD 12.95 billion in the same month a year ago, the latest data by the Central Bank of Russia showed. Russia has been recording regular trade surpluses for the past […]
Read moreMay 14, 2024 1:52 pm
The jobless rate in South Africa was reported at a 1-year high in the first quarter of 2024, according to Statistics South Africa data. The unemployment rate surged to 32.9% in Q1 from 32.1% in the final quarter of 2023. The number of unemployed persons rose markedly, by 330,000, to reach 8.2 million, or the […]
Read moreMay 14, 2024 9:10 am
Producer and import prices in Switzerland decreased at an annual rate of 1.8% in April, the latest data by the Swiss Federal Statistical Office showed on Tuesday. It has been the 12th consecutive month of year-on-year decline, but yet, the slowest since December 2023. The nation’s producer prices dropped at a softer rate in April, […]
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