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POPULAR NEWS
Dollar Slides, Headed For First Weekly Loss in a Month

The U.S. dollar looked listless on Friday, sliding against a handful of its major rivals but rallying against some emerging markets amid worries over further sanctions on Turkey. The ICE U.S. Dollar Index which measures the greenback against six developed market rivals, slipped 0.4% to 96.303. The gauge is on track for a 0.1% loss this week”its worst performance in four weeks, according to FactSet. The buck weakened most notably against the Canadian dollar which rallied on the back of an...

Consumer Sentiment in U.S. Declines to Lowest in Almost a Year

U.S. consumer sentiment unexpectedly fell to the lowest level in almost a year amid less favorable views on purchasing big-ticket items and persistent concerns about trade tensions, a University of Michigan report showed Friday.  Sentiment index decreased to 95.3 (est. 98) from prior month™s 97.9; lowest since Sept., below all analyst estimates. Current conditions gauge, which measures Americans™ perceptions of their finances, fell to 107.8 from 114.4 in July; 6.6-point...

China's April Economic Data Show Mixed Bag as Industry Holds Up
Tuesday, 15 May 2018 09:35 WIB | ECONOMY |Output industri ChinaRetail Salesekonomi China

China's economic momentum broadly held up with industrial production exceeding forecasts, while consumers dialed back a notch.

Industrial output rose 7.0 percent in April from a year earlier, versus a projected 6.4 percent in a Bloomberg survey and 6 percent in March

Retail sales expanded 9.4 percent from a year earlier, versus a forecast 10 percent

Fixed-asset investment rose 7.0 percent year-on-year in the first four months, compared with an estimated 7.4 percent

The reports are among the first official readings unaffected by the Lunar New Year holiday, which skewed year-on-year comparisons for the first three months. While the economy in that period remained robust, expanding at the same 6.8 percent pace as the prior two quarters, March data showed some deceleration.

"Policy makers will likely become less concerned about slowing activity and monetary growth," Goldman Sachs Group Inc. economists wrote in a recent note. "We expect the government to maintain its recent policy stance because inflation is likely to remain subdued and, more importantly, uncertainties related to trade remain high."

Source : Bloomberg

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POPULAR NEWS
Dollar Slides, Headed For First Weekly Loss in a Month

The U.S. dollar looked listless on Friday, sliding against a handful of its major rivals but rallying against some emerging markets amid worries over further sanctions on Turkey. The ICE U.S. Dollar Index which measures the greenback against six developed market rivals, slipped 0.4% to 96.303. The gauge is on track for a 0.1% loss this week”its worst performance in four weeks, according to FactSet. The buck weakened most notably against the Canadian dollar which rallied on the back of an...

Consumer Sentiment in U.S. Declines to Lowest in Almost a Year

U.S. consumer sentiment unexpectedly fell to the lowest level in almost a year amid less favorable views on purchasing big-ticket items and persistent concerns about trade tensions, a University of Michigan report showed Friday.  Sentiment index decreased to 95.3 (est. 98) from prior month™s 97.9; lowest since Sept., below all analyst estimates. Current conditions gauge, which measures Americans™ perceptions of their finances, fell to 107.8 from 114.4 in July; 6.6-point...

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