Friday, February 6, 2015

Economic updates 30/1 to 5/2

I was sick earlier this week and thus did not update this journal. Instead of backtracking all the updates per post or skipping them all together, I`ll combine all of them this in one post.

Friday (30/1)
US advanced GDP for the forth quarter recorded a 2.6% growth.

Sunday (1/2)
China`s manufacturing PMI dropped to 49.8 vs estimated 50.3 and prior period`s 50.1.

Monday (2/2)
HSBC final manufacturing PMI dropped to 49.7 vs estimated 49.7 and prior period`s 49.8.
UK manufacturing PMI accelerated to 53.0 vs estimated 52.9 and prior period`s 52.7.
ISM manufacturing PMI contracted slightly to 53.5 vs estimated 54.9 and prior period`s 55.5.

Tuesday (3/2)
Australian building approvals dropped to -3.3% vs estimated -4.8% and prior period`s 7.7%.
Australian trade balance at -0.44 billion vs estimated -0.85 billion and prior period`s -1,02 billion.
Cash rate down to 2.25% vs estimated 2.5% and prior period`s 2.5%.
RBA rate statement.
Spanish employment changed improved to 78.0k vs estimated 83.4k and prior period`s -64.4k.
UK construction PMI grew to 59.1 vs estimated 56.1 and prior period`s 57.6.
GDP price index accelerated to 9.6% vs prior period`s 1.0%.

Wednesday (4/2)
New Zealand employment change improved to 1.2% vs estimated 0.8% and prior period`s 0.9%.
New Zealand unemployment rate at 5.7% vs estimated 5.3% and prior period`s 5.4%.
RBNZ Governor Wheeler`s speech.
UK services PMI increased to 57.2 vs estimated 56.6 and prior period`s 55.8.
ADP non-farm employment change dropped to 213k vs estimated 224k and prior period`s 253k.
ISM non-manufacturing PMI improved slightly to 56.7 vs estimated 56.6 and prior period`s 56.2.

Thursday (5/2)
Australian retail sales dropped to 0.2% vs estimated 0.3% and prior period`s 0.1%/
UK official bank rate unchanged at 0.5%.
US trade balance deficit widened to 46.8 billion vs estimated 38.2 billion and prior period`s 39.8 billion.
US unemployment claims 278k vs estimated 287k and last week`s 267k.

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