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  • James Boston

    Sentiment in the Italian consumer sector has taken another step backwards according to the latest figures this month. The Italian Consumer Confidence indicator has now fallen for it’s seventh straight month to produce a November reading of just 100.8, from a peak above 106.0 this sentiment metric reached 101.3 last month, market expectations for today’s

  • James Boston

    Early indications are now suggesting that US GDP growth for the third quarter is going to come in well ahead of expectations. The US Bureau of Economic Analysis has made available the official Q3 growth numbers in preliminary format and they are showing a stronger than anticipated economic performance. The official Preliminary Q3 GDP figure

  • James Boston

    Even in the presence of some concerns around the robustness of the Canadian economy the consumer sector appears to be holding it’s own. The latest Retail Sales figures, for the month of September, point towards a clear pick up in the sector. The headline figure is now showing 0.8% growth on the month which represents

  • James Boston

    Canadian house price inflation is moderating somewhat according to the latest data just published by Statistics Canada. The New House Price Index for the month of September has once again expanded but this month’s rise is marginal by recent standards. The latest month on month reading is showing growth of just 0.1% in comparison to

  • James Boston
    Forex » ECB Holds Key Interest Rate At 0.05%
    James Boston - November 6, 2014, 12:47 GMT

    The European Central Bank’s (ECB) Governing Council has just completed it’s regular monetary policy meeting in Frankfurt with little in the way of headline announcements. The three key Eurozone interest rates, which have little scope to be further reduced, have been held static. The key Refinance Rate remains at 0.05% while the Deposit Facility stays

  • UK manufacturing activity eased in December, as export demand cooled to the slowest pace since September. Manufacturing recovery did not falter, however, as industrial output and new orders kept factories busy toward the end of 2013. Markit Group’s gauge of UK manufacturing activity fell 0.8 percentage points to 57.3 in December. The gauge has been

  • Manufacturing activity in China declined last month for the first time since June, according to official data from the China Federation of Logistics and Purchasing. With an annualized reading of 51.0, China’s manufacturing PMI declined more than forecast in December. Analysts forecasted a drop of 0.1 percentage point to 51.3. A reading above 50.0 is

  • The global economy will expand 2.7 percent this year and 3.6 percent in 2014, according to a revised estimate from the Organisation for Economic Cooperation and Development. The international economic organization previously forecasted the world economy to expand 3.1 percent this year and 4 percent in 2014. The organization cited underlying weaknesses in emerging markets