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Japan Has 622.8 Billion Yen Shortfall In September

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Japan Has 622.8 Billion Yen Shortfall In September

Japan posted a merchandise trade deficit of 622.8 billion yen in September, the Ministry of Finance said on Wednesday.

That missed forecasts for a shortfall of 519.2 billion yen following the downwardly revised 637.2 billion yen deficit in August (originally -635.4 billion yen).

Exports climbed 13.0 percent on year, exceeding estimate for an increase of 11.0 percent following the 26.2 percent gain in the previous month.

Imports were up an annual 38.6 percent versus expectations for a gain of 34.4 percent and slowing from 44.7 percent a month earlier.

The material has been provided by InstaForex Company – www.instaforex.com

*Japan Imports +38.6% On Year, Exports +13.0% On Year In September

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*Japan Imports +38.6% On Year, Exports +13.0% On Year In September

Japan Imports +38.6% On Year, Exports +13.0% On Year In September

The material has been provided by InstaForex Company – www.instaforex.com

*Japan Trade Deficit Y622.8 Billion In September

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*Japan Trade Deficit Y622.8 Billion In September

Japan Trade Deficit Y622.8 Billion In September

The material has been provided by InstaForex Company – www.instaforex.com

Singapore Non-Oil Domestic Exports Rise Just 1.2% In September

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Singapore Non-Oil Domestic Exports Rise Just 1.2% In September

The total value of Singapore’s non-oil domestic exports was up a seasonally adjusted 1.2 percent on month in September, the Singapore Department of Statistics said on Monday.

That was shy of expectations for an increase of 2.4 percent following the upwardly revised 3.5 percent decline in August (originally -3.6 percent).

On a yearly basis, non-oil domestic exports jumped 12.3 percent – exceeding forecasts for a gain of 9.6 percent following the 2.7 percent gain in the previous month.

The material has been provided by InstaForex Company – www.instaforex.com

*Singapore Non-Oil Domestic Exports +1.2% On Month, +12.3% On Year In September

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*Singapore Non-Oil Domestic Exports +1.2% On Month, +12.3% On Year In September

Singapore Non-Oil Domestic Exports +1.2% On Month, +12.3% On Year In September

The material has been provided by InstaForex Company – www.instaforex.com

New Zealand Service Index Improves To 46.9 In September – BusinessNZ

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New Zealand Service Index Improves To 46.9 In September – BusinessNZ

The service sector in New Zealand continued to contract in September, albeit at a much slower pace, the latest survey from BusinessNZ showed on Monday with a Performance of Service Index score of 46.9.

That’s up sharply from the downwardly revised 35.4 in August (originally 35.6), although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, sales (45.3), new orders (47.5) and supplier deliveries (42.1) were in contraction, while employment (52.0) and stocks and inventories (51.5) expanded.

“Subdued new orders warn against expecting too much of a bounce in coming months. Of course, the spread of COVID, vaccination rates, and any restriction changes will have a very large bearing on that,” said BNZ Senior Economist Doug Steel.

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*New Zealand Performance Of Service Index 46.9 In September – BusinessNZ

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*New Zealand Performance Of Service Index 46.9 In September – BusinessNZ

New Zealand Performance Of Service Index 46.9 In September – BusinessNZ

The material has been provided by InstaForex Company – www.instaforex.com

China GDP Data On Tap For Monday

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China GDP Data On Tap For Monday

China is scheduled to release a raft of data on Monday, highlighting a busy day for Asia-Pacific economic activity. On tap are Q3 numbers for gross domestic product, as well as September figures for industrial production, retail sales, fixed asset investment, unemployment and foreign direct investment.

GDP is expected to gain 0.5 percent on quarter and 5.2 percent on year, slowing from 1.3 percent on quarter and 7.9 percent on year in the previous three months.

Industrial production is tipped to rise 4.5 percent on year, down from 5.3 percent in August. Retail sales are expected to climb an annual 3.3 percent, up from 2.5 percent a month earlier. FAI is called higher by 7.9 percent on year, down from 8.9 percent in the previous month. The jobless rate in August was 5.1 percent, while FDI was up 22.3 percent on year.

New Zealand will provide Q3 data for consumer prices and also see September results for the Performance of Services Index from BusinessNZ.

Inflation is tipped to rise 1.4 percent on quarter and 4.1 percent on year in Q3, up from 1.3 percent on quarter and 3.3 percent on year in the previous three months. The service index in August had a score of 35.6.

Singapore will release September numbers for non-oil domestic exports, with forecasts suggesting an increase of 0.6 percent on month and 8.5 percent on year. That follows the 3.6 percent monthly decline and the 2.7 percent yearly gain in August.

The material has been provided by InstaForex Company – www.instaforex.com

New Zealand Consumer Prices Jump 4.9% On Year In Q3

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New Zealand Consumer Prices Jump 4.9% On Year In Q3

Consumer prices in New Zealand were up 4.9 percent on year in the third quarter of 2021, Statistics New Zealand said on Monday.

That exceeded expectations for an increase of 4.1 percent and was up sharply from 3.3 percent in the previous three months.

On a seasonally adjusted quarterly basis, New Zealand’s consumer prices were up 2.2 percent – again beating forecasts for an increase of 1.4 percent and accelerating from the 1.3 percent gain in the three months prior.

The material has been provided by InstaForex Company – www.instaforex.com

*New Zealand Consumer Prices +2.2% On Quarter, +4.9% On Year In Q3

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*New Zealand Consumer Prices +2.2% On Quarter, +4.9% On Year In Q3

New Zealand Consumer Prices +2.2% On Quarter, +4.9% On Year In Q3

The material has been provided by InstaForex Company – www.instaforex.com