Maria Iacob

German production rises whilst Australian construction appears to have turned the corner

German production rose moderately over the last month according to Germany’s official stats department adding belief to what many analysts believe is the powerhouse of the European economy, which will help to single handedly help turn around the area’s fortunes. In February 2014, production in industry was up by 0.4% from the previous month, the […]

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USA unemployment numbers disappoint whilst the USA trade balance worsens

USA unemployment numbers came in below expectations, In the week ending March 29, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 16,000 from the previous week’s revised figure of 310,000. With NFP numbers being printed on Friday traders would be advised to trade with extreme caution as the print has

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Chinese PMI signals contraction as Australia’s positive trade balance surprises analysts

Overnight there was some key data released in Australia which many analysts believe reaffirms Australia’s place as one of the fastest growing economies, with crucially its foundations for economic growth built on solid ground. Retail sales came in on schedule up 0.2% month on month, but it was the trade balance reading which caught analysts’

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USA factory orders surge as ADP employment numbers come in close to expectations

In a relatively quiet day for market movement and momentum the main USA bourses closed up on extremely positive data concerning the USA factory orders and the ADP jobs print. U.S. companies increased payrolls by 191,000 last month, up from a revised 178,000, figures from the ADP Research Institute in Roseland, New Jersey, showed. The

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A powerful earthquake off the coast of Chile spikes copper prices whilst Spanish unemployment falls moderately

From Spain there was good news published this morning regarding the unemployment rate with a reading showing that unemployment fell by 239,773 in the last year. This is the best performance of registered unemployed in March since 2006. From the UK we had the news that UK house price rises had moderated slightly in March

A powerful earthquake off the coast of Chile spikes copper prices whilst Spanish unemployment falls moderately Read More »