Monthly archive May, 2019

German Jobless Rate Climbs For First Time Since 2013

Germany's unemployment rate rose in May for the first time since 2013 and the jobless figure climbed sharply for the first time nearly two years, defying expectations for further decline, and signaling that the labor market has started to mirror Read More →

ECB Warns Financial Stability Risks Rising Amid Global Trade Tensions

Risks to financial stability in the euro area are rising amid a slowing global economy and escalating trade tensions, the European Central Bank warned on Wednesday. Uncertainty surrounding the global economic growth outlook have led to "bouts of high volatility Read More →

New Zealand Building Permits Tumble 7.9% In April

The total number of building permits issued in New Zealand fell a seasonally adjusted 7.9 percent on month in March, Statistics New Zealand said on Thursday.Original Article Read More →

European Economics Preview: Germany Unemployment Data Due

Unemployment from Germany and flash inflation from France are due on Wednesday, headlining a busy day for the European economic news. At 2.45 am ET, the French statistical office Insee publishes flash inflation and final GDP data. Producer prices and Read More →

U.S. Consumer Confidence Shows Another Substantial Improvement In May

A report released by the Conference Board on Tuesday showed another substantial improvement in U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index surged up to 134.1 in May after jumping to 129.2 Read More →

OECD Trims Global Growth Outlook On Trade Disputes

The Organization for Economic Co-operation and Development lowered the 2019 global growth outlook as escalating trade disputes hurt manufacturing and investment decisions. In its latest Economic Outlook, published Tuesday, the Paris-based think tank forecast 3.2 percent growth for 2019 versus Read More →