The pound declined against its major counterparts in the European session on Friday, as EU leaders turned down Theresa May’s Chequers blueprint at a summit in Salzburg, giving a major blow to her chances of reaching a deal post-Brexit. Following their meeting on Thursday, European Council president Donald Tusk told that the leaders had unanimously ...
Read More »Latvia PPI Inflation Accelerates Further
Latvia’s producer price inflation accelerated for the third straight month in August, figures from the Central Statistical Bureau showed Friday. Industrial producer prices climbed 5.7 percent year-over-year in August, faster than the 4.8 percent increase in July. The measure has been rising since February 2017. Among main groups, the price ...
Read More »Oil Prices Rise As Supply Worries Resurface
Oil prices edged higher on Friday after falling the previous day as U.S. President Donald Trump urged OPEC to lower crude prices, days before the OPEC meeting in Algeria. Global benchmark Brent crude for November delivery was up 75 cents or 0.95 percent at 79.44 a barrel while U.S. crude ...
Read More »Iceland Wage Growth Slows In August
Iceland’s wage growth eased in August after accelerating in the previous month, figures from Statistics Iceland showed Friday. The wage cost index climbed 6.0 percent year-over-year in August, following a 6.3 percent rise in the previous month. In June, the rate of increase was 5.9 percent. On a monthly basis, ...
Read More »Ireland Output Prices Continue To Fall In August
Ireland’s factory gate prices decreased for the sixth successive month in August, figures from the Central Statistics Office showed Friday. The manufacturing industries output price index, excluding VAT, fell 0.9 percent year-over-year in August, following a 0.8 percent drop in July. The price index for home sales declined 1.4 percent ...
Read More »Slovenia Output Price Inflation Accelerates Slightly
Slovenia’s output price inflation accelerated marginally in August, after remaining stable in the previous month, figures from the Statistical Office of the Republic of Slovenia showed Friday. Output prices climbed 2.5 percent year-on-year in August, just above the 2.4 increase in July. The measure has been rising since December 2016. ...
Read More »Lithuania Industrial Production Climbs In July
Lithuania’s industrial production expanded in July, driven by manufacturing sector, figures from the Department of Statistics showed Friday. Industrial production climbed by adjusted 1.4 percent month-on-month in July. The rise was mainly led by 1.8 percent growth in manufacturing output. Meanwhile, mining and quarrying output fell 1.9 percent. On an ...
Read More »Loonie Mixed Ahead Of Canada Retail Sales, CPI
At 8:30 am ET Friday, Canada retail sales for July and consumer inflation for August are due. Ahead of these data, the loonie traded mixed against its major counterparts. While the loonie dropped against the yen and the greenback, it held steady against the aussie and the euro. The loonie ...
Read More »*Canadian Retail Sales Rose 0.3% In July
Canadian Retail Sales Rose 0.3% In July The material has been provided by InstaForex Company – www.instaforex.com Source link
Read More »*Canadian Consumer Price Index Inches Up 0.1% In August
Canadian Consumer Price Index Inches Up 0.1% In August The material has been provided by InstaForex Company – www.instaforex.com Source link
Read More »