|
|
Canada Trade Surplus Widens in March
May 09, 10:13 AM EDT |
|
| Canada's exports rose for the third consecutive month, increasing 1.6% to $40.1 billion in March, largely on the strength of energy products. |
|
| The trade surplus with the world jumped to $5.5 billion, its highest level since May 2007. |
|
|
Full Story... |
Canada Jobless Rate Rises to 6.1% in April
May 09, 9:58 AM EDT |
|
| Manufacturing continued its decline in April, with losses in Ontario and British Columbia. |
|
| Employment edged up slightly in April +19,000, similar to the increase observed in March. This follows large gains at the start of the year. The unemployment rate nudged up to 6.1% in April as more people entered the labour force. Self-employment and full-time work accounted for all of the gains in April. |
|
|
Full Story... |
RBA: Monetary Policy Statement
May 09, 9:45 AM EDT |
|
| While global growth prospects have softened since last year, inflation remains a concern in many countries. |
|
| Inflation in Australia picked up over the past year in an environment of limited spare capacity and earlier strong demand. In these circumstances, a significant slowing in the growth of demand from the rapid pace of 2007 will be needed in order to return inflation to the target over time. There are signs that such moderation is now occurring. |
|
|
Full Story... |
Trade Deficit Narrows in March
May 09, 10:21 AM EDT |
|
| March imports were $6.1 billion less than February imports of $212.8 billion. |
|
| The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total March exports of $148.5 billion and imports of $206.7 billion resulted in a goods and services deficit of $58.2 billion, down from $61.7 billion in February, revised. March exports were $2.6 billion less than February exports of $151.1 billion. |
|
|
Full Story... |
Wholesale Trade Rises 1.6% in March
May 08, 10:35 AM EDT |
|
| Sales of nondurable goods were up 1% from last month and were up 20.1% from last year. |
|
| The U.S. Census Bureau announced today that March 2008 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $384.3 billion, up 1.6% from the revised February level and were up 12.6% from the March 2007 level. |
|
|
Full Story... |
Housing Starts Tumble 12% in April
May 08, 4:29 PM EDT |
|
| For the first four months of 2008, actual starts in rural and urban areas combined were up an estimated 3.3% compared to the same period last year. |
|
| In April the seasonally adjusted annual rate of urban starts edged down by 16.3% to 185,400 units compared to March. Urban multiples were also down to 113,900 in April from 141,000 in March. In addition, singles decreased 11.3% to 71,500 units. The seasonally adjusted annual rate of housing starts was 213,900 units in April, down from 243,000 units in March, according to Canada Mortgage and Housing Corporation |
|
|
Full Story... |
Jobless Claims Drop by 18,000
May 08, 8:49 AM EDT |
|
| The advance unadjusted insured unemployment rate was 2.2% during the week ending April 26, unchanged from the prior week. |
|
| In the week ending May 3, the advance figure for seasonally adjusted initial claims was 365,000, a decrease of 18,000 from the previous week''''s revised figure of 383,000. The 4-week moving average was 367,000, an increase of 2,500 from the previous week''''s revised average of 364,500. |
|
|
Full Story... |
ECB Left Rates at 4%
May 08, 8:25 AM EDT |
|
| The European Central Bank decided to leave rates unchanged at 4%. |
|
| At today’s meeting, which was held in Athens, the Governing Council of the ECB decided that the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.00%, 5.00% and 3.00% respectively. |
|
|
Full Story... |
BoE Leaves Rates Unchanged
May 08, 8:14 AM EDT |
|
| The previous change in Bank Rate was a reduction of 0.25 percentage points to 5% on 10 April 2008. |
|
| The Bank of England''''s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 5%. |
|
|
Full Story... |
German Exports Fall 0.5% in March
May 08, 7:59 AM EDT |
|
| The foreign trade balance showed a surplus of EUR 16.7 billion in March 2008. |
|
| According to provisional data of the Federal Statistical Office, Germany exported commodities to the value of EUR 84.0 billion and imported commodities to the value of EUR 67.3 billion in March 2008. German exports of March 2008 were thus 0.2% and imports 3.3% above the respective March 2007 levels. Upon calendar and seasonal adjustment, exports and imports showed opposite month-on-month trends: Exports decreased by 0.5%, while imports increased by 0.8% on February 2008. |
|
|
Full Story... |
1
2
3
4
5
6
7
8
9
10
 |
|
