US February Wholesale Inventories Rise 1.0%; Sales Down 0.8%
April 8, 2011 by Forex news
Filed under Economic Indicators
The value of wholesale inventories rose 1.0% in February, while sales posted a 0.8% decline, their first drop since June 2009, data released Friday morning by the Commerce Department showed.
The rise in inventories and drop in sales allowed the overall inventory-to-sales ratio to rise to 1.16 fro…
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Canada March 2011 Housing Starts
April 8, 2011 by Forex news
Filed under Economic Indicators
The seasonally adjusted annual rate1 of housing starts was 188,800 units in March, according to Canada Mortgage and Housing Corporation (CMHC). This is up from 183,700 units in February 2011.
“Housing starts moved higher in March mostly because of increases in rural starts,” said Bob Dugan, Chief…
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UK Mar Output Price Inflation Highest Since Oct 08
April 8, 2011 by Forex news
Filed under Economic Indicators
Headline output price inflation continued to rise in March, as higher petrol prices pushed it to its highest level for nearly two and a half years, figures released by National Statistics showed Friday.
Output prices rose 0.9% on the month in March and were up 5.4% on the year, the highest annual…
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Switzerland Unemployment Rates as expected
April 8, 2011 by Forex news
Filed under Economic Indicators
Unemployment rates for the month of March have been announced in Switzerland. The announcement of a rise in unemployment by 3.3% was as the market expected and slightly lower than the previous 3.4% rate. Following the news announcement at 6:45GMT the USDCHF pair made significant gains as the…
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Japan March Watchers’ Index Tumbles on Quake; Govt Cuts View
April 8, 2011 by Forex news
Filed under Economic Indicators
The Economy Watchers’ Survey index for current economic conditions in Japan plunged to a two-year low as the March 11 earthquake and tsunami severely dampened public sentiment, data released by the Cabinet Office on Friday showed.
The current condition index stood at 27.7 in March, the lowest sin…
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German Trade Surplus Rises In February
April 8, 2011 by Forex news
Filed under Economic Indicators
German trade surplus rose in February, but less than the consensus forecast.
The trade surplus was EUR 12.1 billion, up from January’s EUR 10.1 billion, the Federal Statistical Office said Friday. The surplus was less than the EUR 13 billion economists had expected.
Exports rose 2.7 percent …
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Swiss March Jobless Rate Falls to Lowest in More Than Two Years
April 8, 2011 by Forex news
Filed under Economic Indicators
Swiss unemployment declined to the lowest in more than two years in March as companies kept adding workers to meet global demand for the country’s products.
The jobless rate declined to 3.3 percent when adjusted for seasonal swings from 3.4 percent in February, the State Secretariat for Economic …
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Japan March service sector sentiment index hits 2-yr low
April 8, 2011 by Forex news
Filed under Economic Indicators
Japan’s service sector sentiment index plunged to a two-year low in March, a Cabinet Office survey showed on Friday, with confidence hurt by the devastating earthquake and tsunami on March 11 and a subsequent nuclear crisis.
The survey of workers such as taxi drivers, hotel workers and restaurant…
