Macro Indicators News Stream
Hong Kong Jobless Rate Steady at Over 21-Year Low
The seasonally adjusted unemployment rate in Hong Kong was unchanged at 2.8 percent in the three months to June 2019, remaining the lowest jobless rate since January 1998. Also, the underemployment rate stood at 1.0 percent, the same as in the previous period.
Jul 18, 2019 08:47 (GMT)
Indonesia Cuts Rates for 1st Time in Almost 2 Years
Bank Indonesia lowered its 7-day reverse repo rate by 25bps to 5.75 percent during its July meeting, the first interest rate cut since September 2017, in an attempt to support growth amid low inflation expectations. The overnight deposit and lending facilities were also trimmed by the same amount to 5.00 percent and 6.50 percent, respectively.
Jul 18, 2019 07:42 (GMT)
Swiss Trade Surplus Largest in Nearly 2-1/2 Years
The Swiss trade surplus widened sharply to CHF 3.3 billion in June 2019 from a downwardly revised CHF 1.5 billion in the previous month. This was the largest trade surplus since January 2017, as exports rose while imports fell.
Jul 18, 2019 07:14 (GMT)
South Korea Unexpectedly Cuts Key Rate by 25 Bps to 1.5%
The Bank of Korea unexpectedly lowered its base rate by 25 basis points to 1.5 percent on July 18th 2019. This was the first adjustment in benchmark rate since November last year and the bank's first rate cut in three years, amid efforts to spur economic growth on the back rising global uncertainties following trade dispute with Japan and tariff war between US and China.
Jul 18, 2019 05:19 (GMT)
Australia Jobless Rate Steady at 5.2% for 3rd Month
Australia's seasonally adjusted unemployment rate stood at 5.2 percent in June 2019, unchanged from the previous two month's eighth month-high and matching market expectations. The economy added 500 jobs while the number of unemployed increased by 6,600.
Jul 18, 2019 02:39 (GMT)
Japan Trade Surplus Shrinks in June as Exports Fall Further
Japan posted a trade surplus of JPY 590 billion in June 2019 compared with a JPY 728 billion surplus in the same month a year earlier and market expectations of a JPY 420 billion surplus. Exports declined for a seventh straight month while imports fell for the second month.
Jul 18, 2019 00:31 (GMT)
Russia Jobless Rate at Record Low in June
Russia unemployment rate fell to 4.4 percent in June 2019 from 4.5 percent in the previous month and below market consensus of 4.5 percent. It was the lowest jobless rate since series began in 1992.
Jul 17, 2019 13:49 (GMT)
Canada Inflation Rate Slows to 2% in June
The annual inflation rate in Canada decreased to 2 percent in June of 2019 from 2.4 percent in the previous month and in line with market expectations, as cost slowed for shelter and transportation and energy prices fell further. Excluding energy, the inflation dropped to 2.6 percent in June from 2.7 percent in May.
Jul 17, 2019 13:03 (GMT)
US Housing Starts Fall in June
US housing starts dropped 0.9 percent from a month earlier to a seasonally adjusted annual rate of 1,253 thousand units in June 2019, compared to market expectations of 1,261 thousand and following a revised 0.4 percent fall in May.
Jul 17, 2019 12:56 (GMT)
Eurozone June Inflation Rate Revised Up to 1.3%
The annual inflation rate in the Euro Area rose to 1.3 percent in June 2019, slightly above a preliminary and market expectations of 1.2 percent. Cost advanced at a faster pace for food, alcohol & tobacco and services.
Jul 17, 2019 09:15 (GMT)