*Amended: Portugal Dec CPI +0.4% On Year Vs. +0.3% In November

Trading 02 jan 2020 Commentaire »

Amended: Portugal Dec CPI +0.4% On Year Vs. +0.3% In November


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*Amended: Portugal Dec HICP +0.4% On Year Vs. +0.2% In November

Trading 02 jan 2020 Commentaire »

Amended: Portugal Dec HICP +0.4% On Year Vs. +0.2% In November


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Norway Manufacturing Grows Further

Trading 02 jan 2020 Commentaire »

Norway's manufacturing growth strengthened in December, amid gains in output, new orders and employment, survey data from the DNB bank showed on Thursday. The DNB Purchasing Managers' Index climbed to 55.5 from 53.8 in November. A reading above 50 signals growth in the sector. Economists had forecast a score of 53.4.

"We believe today's index reading is unlikely to affect Norges Bank's assessment of the economy," DNB Senior Economist Kyrre Aamdal said.

In December, the sub-indexes for production, new orders, employment and inventory rose, while that for suppliers' delivery times declined.


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Hungary Manufacturing Expands At Faster Pace In December

Trading 02 jan 2020 Commentaire »

Hungary's factory sector expanded at a faster pace at the end of the year, driven by output and new order growth, survey data from the Hungarian Association of Logistics, Purchasing and Inventory Management, or HALPIM, revealed Thursday.

The purchasing managers' index rose to 53.9 from 53.1 in November. A reading above 50 suggests growth in the sector. The latest reading was the seventh highest in December and was above the long-term average for the month, the group said. The trend remained positive throughout 2018 and continued in 2019, HALPIM said. Among sub-indexes, the employment index decreased after expanding in previous months.


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Austria Jobless Rate Climbs Further

Trading 02 jan 2020 Commentaire »

Austria's unemployment rate continued to rise in December, figures from the Public Employment Service, or AMS, showed on Thursday.

The jobless rate rose to 8.5 percent from 7.3 percent in the previous month. The rate was 0.2 percentage points below the value a year ago.

The number of unemployed registered with the AMS decreased by 1.5 percent or by 6,064 persons year-on-year to 407,872 in December.

Contrary to some previous forecasts, unemployment in Austria fell happily throughout 2019 compared to the previous year, the AMS said.


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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 222,000

Trading 02 jan 2020 Commentaire »

First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower from an upwardly revised level in the week ended December 28th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims slipped to 222,000, a decrease of 2,000 from the previous week's revised level of 224,000.

Economists had expected jobless claims to inch up to 225,000 from the 222,000 originally reported for the previous week.

Meanwhile, the Labor Department said the less volatile four-week moving average crept up to 233,250, an increase of 4,750 from the previous week's revised average of 228,500.

With the uptick, the four-week moving average reached its highest level since hitting 235,750 in the week ended January 27, 2018.

The report said continuing claims, a reading on the number of people receiving ongoing unemployment assistance, also rose by 5,000 to 1.728 million in the week ended December 21st.

The four-week moving average of continuing claims climbed to 1,711,750, an increase of 7,250 from the previous week's revised average of 1,704,500.

Next Friday, the Labor Department is scheduled to release its more closely watched monthly employment report for December.


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*Yen Climbs To 6-day High Of 111.97 Against Franc

Trading 02 jan 2020 Commentaire »

Yen Climbs To 6-day High Of 111.97 Against Franc


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*Yen Edges Up To 83.60 Against Canadian Dollar

Trading 02 jan 2020 Commentaire »

Yen Edges Up To 83.60 Against Canadian Dollar


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*Yen Advances To 6-day High Of 121.63 Against Euro

Trading 02 jan 2020 Commentaire »

Yen Advances To 6-day High Of 121.63 Against Euro


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U.S. Initial Jobless Claims Unexpectedly Edge Lower

Trading 02 jan 2020 Commentaire »

First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower from an upwardly revised level in the week ended December 28th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims slipped to 222,000, a decrease of 2,000 from the previous week's revised level of 224,000.

Economists had expected jobless claims to inch up to 225,000 from the 222,000 originally reported for the previous week.

Meanwhile, the Labor Department said the less volatile four-week moving average crept up to 233,250, an increase of 4,750 from the previous week's revised average of 228,500.

With the uptick, the four-week moving average reached its highest level since hitting 235,750 in the week ended January 27, 2018.


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