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Global Economic Update

09:24, 07 février

Global Economic Update

  • In the Eurozone, the retail PMI eased to 50.80 in January, compared to a reading of 53.00 in the previous month.
  • In Germany, the non-seasonally adjusted factory orders climbed 7.20% on an annual basis in December, compared to a revised rise of 9.10% in the previous month. The seasonally adjusted factory orders jumped 3.80% on a monthly basis in December, compared to a revised drop of 0.10% in the previous month.
  • In France, budget deficit stood at EUR 67.80 billion in December, compared to a budget deficit of EUR 84.70 billion in the prior month.
  • In the US, JOLTs job openings fell more-than-expected to a level of 5811.00 K in December, compared to a revised reading of 5978.00 K in the prior month. Trade deficit expanded higher-than-anticipated to USD 53.10 billion in December, compared to a revised trade deficit of USD 50.40 billion in the previous month.
  • In Japan, foreign exchange reserves climbed to USD 1268.50 billion in January, compared to a reading of USD 1264.30 billion in the prior month. Labour cash earnings advanced 0.70% on an annual basis in December, compared to an advance of 0.90% in the previous month. The preliminary coincident index rose to 120.70 in December, compared to a level of 117.90 in the previous month. The flash leading economic index fell to 107.90 in December, compared to a reading of 108.30 in the prior month.
  • In Australia, the AIG performance of construction index climbed to 54.30 in January, compared to a reading of 52.80 in the prior month.