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IFX Gertrude
post Oct 1 2018, 05:33 AM
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Vietnam Manufacturing PMI Slides In September - Nikkei



The manufacturing sector in Vietnam continued to expand in September, albeit at a slower rate, the latest survey from Nikkei revealed on Monday with a manufacturing PMI score of 51.5.

That's down from 53.7 in August, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Individually, there were slower rises in output, new orders and employment.

Last month saw the first reduction in output prices in 13 months, while the rate of input cost inflation also eased.

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IFX Gertrude
post Oct 2 2018, 05:47 AM
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European Economics Preview: UK Construction PMI Data Due



Purchasing Managers' survey data from the UK is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, August producer price data is due from Romania. Producer prices had increased 6 percent annually in July.

At 3.00 am ET, final GDP from the Czech Republic and final foreign trade from Hungary are due. The Czech statistical office is expected to confirm 0.7 percent sequential growth for the second quarter.

At 4.30 am ET, UK Markit/CIPS construction PMI data is due. The indicator is forecast to remain unchanged at 52.9 in September.

At 5.00 am ET, Eurostat is slated to issue euro area producer prices for August. Economists forecast producer prices to rise 3.8 percent on year, following a 4 percent increase in July.

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IFX Gertrude
post Oct 3 2018, 06:25 AM
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Japan Service Activity Slows In September - Nikkei



The services sector in Japan continued to expand in September, but at a sharply slower pace, the latest survey from Nikkei revealed on Friday with a two-year low services PMI score of 50.2.

That's down from 51.5 in August, although it remains barely above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, demand and employment continued to rise, although price pressure remained elevated.

The survey also said that the composite index fell to 50.7 in September, down from 52.0 in August.

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IFX Gertrude
post Oct 4 2018, 05:43 AM
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Australia Trade Surplus Increases In August



Australia's trade surplus increased in August on higher exports, data from the Australian Bureau of Statistics showed Thursday.

The trade surplus rose to a seasonally adjusted A$1.6 billion from A$1.55 billion in July. Economists had forecast a fall in surplus, to A$1.45 billion.

Exports of goods and services gained 1 percent on month to A$36.56 billion. At the same time, imports remained broadly unchanged in August, at A$34.96 billion.

The small rise in the international trade surplus in August provides more evidence that the US-China trade war is not affecting Australia's external sector, Paul Dales, an economist at Capital Economics, said.

In fact, the recent weakening in the Australian dollar will probably mean that the external sector makes a decent contribution to GDP growth next year.

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IFX Gertrude
post Oct 5 2018, 06:14 AM
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Australia's Retail Sales Rise Moderately In August



Australia's retail turnover logged a moderate growth in August, the Australian Bureau of Statistics said Friday.

Retail sales grew 0.3 percent month-on-month in August, following a relatively unchanged estimate in July and a 0.4 percent rise in June. Sales were expected to climb 0.2 percent.

There were rises in New South Wales, Victoria, South Australia, Queensland, Tasmania and the Australian Capital Territory. Western Australia was relatively unchanged, whilst there was a fall in the Northern Territory.

Over a longer-term and in a general sense, household income growth is expected to remain subdued and the major constraint on consumer spending with a likely negative wealth effect from the decline in home prices an additional headwind, Simon Murray, an economist at Westpac, said.

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IFX Gertrude
post Oct 8 2018, 06:56 AM
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European Economics Preview: Germany's Industrial Output Data Due



Industrial production from Germany and investor confidence from euro area are due on Monday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data. The jobless rate is forecast to drop slightly to 2.5 percent in September from 2.6 percent in August.

At 2.00 am ET, Destatis is slated to issue Germany's industrial production data. Output is forecast to grow 0.5 percent on month in August, reversing a 1.1 percent drop in July. Norway's industrial output data is also due at 2.00 am ET.

At 3.00 am ET, Czech industrial production and retail sales figures are due. Economists forecast industrial production to grow 3.9 percent on year in August, slower than the 10.3 percent rise in July. Likewise, the Czech retail sales growth is expected to ease to 4.3 percent in August from 7 percent a month ago.

At 4.30 am ET, Eurozone Sentix investor confidence data is due. The sentiment index is forecast to drop to 11.8 in October from 12 in September.

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IFX Gertrude
post Oct 9 2018, 06:44 AM
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European Economics Preview: Germany's Foreign Trade Data Due



Foreign trade data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's external trade figures. Exports are forecast to grow 0.4 percent on month and import to climb 0.1 percent in August. The trade surplus is seen at EUR 16.2 billion versus EUR 16.5 billion in July.

At 3.00 am ET, Czech consumer prices and foreign trade reports are due. Inflation is seen unchanged at 2.5 percent in September.

In the meantime, the Hungarian Central Statistical Office is scheduled to issue consumer and foreign trade data. Economists forecast inflation to rise to 3.5 percent in September from 3.4 percent in August.

At 4.30 am ET, the Bank of England is set to release Financial Policy Committee statement for the meeting held on October 3.

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IFX Gertrude
post Oct 10 2018, 05:50 AM
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Japan Core Machine Orders Jump 6.8% In August



The total value of core machine orders in Japan spiked a seasonally adjusted 6.8 percent on month in August, the Cabinet Office said on Wednesday - worth 981.5 billion yen.

That beat expectations for a decline of 3.9 percent following the 11.0 percent spike in July.

On a yearly basis, core machine orders jumped 12.6 percent - again exceeding expectations for 1.8 percent after soaring 13.9 percent in the previous month.

The total value of machinery orders received by 280 manufacturers operating in Japan - including volatile ones for ships and from electric power companies - climbed 1.8 percent on month in August.

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IFX Gertrude
post Oct 11 2018, 06:30 AM
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European Economics Preview: France Final CPI Data Due



Final consumer price data from France is due on Thursday, headlining a light day for the European economic news.

At 2.45 am ET, France Insee publishes final consumer prices for September. The statistical office is set to confirm 2.2 percent annual inflation.

At 3.00 am ET, Spain's INE releases final CPI data. According to flash estimate, consumer price inflation came in at 2.2 percent for the third straight meeting in September. In the meantime, Turkey's current account data is due. The current account balance is forecast to show a surplus of $2.5 billion in August versus a deficit of $1.75 billion in July.

At 3.30 am ET, consumer price data for September is due from Sweden. In August, inflation eased to 2 percent from 2.1 percent in July.

At 4.30 am ET, Bank of England publishes Credit Conditions Survey for the third quarter. At 5.00 am ET, Greece unemployment data is due for July. The jobless rate stood at 19 percent in June.

At 6.00 am ET, consumer prices from Ireland and Portugal are due.

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