Monday, 19 March 2018
New York
Friday, 16 March 2018 19:59 WIB

Construction on new houses fell 7% in February, but housing starts are still close to a postrecession high and builders show no sign of slowing down. Housing starts declined to an annual rate of 1.24 million last month from a revised 1.33 million in January. The rate of construction in January was the highest since 2008. Economists polled by MarketWatch has expected starts to total 1.29 million. Permits to build new houses, meanwhile, slipped 5.7% to 1.3 million. They are still sharply higher compared to a year ago, however. Housing starts fell the South, Midwest and West. They rose in...

Jobless claims drop 4,000 to 226,000
Thursday, 15 March 2018 20:22 WIB | Klaim pengangguran AS Ekonomi AS Unemployment

The rate of layoffs in the U.S. as measured by initial jobless claims fell slightly in early March and clung near a 50-year low ” a boon for workers and a headache for employers looking to hire. Initial U.S. jobless claims declined by 4,000 to 226,000 in the seven days ended March 10, the government said Thursday. Economists surveyed by MarketWatch had forecast claims to total 228,000. The more stable monthly average of claims dropped by 750 to 221,500. The number of people already collecting unemployment benefits, known as continuing claims, rose by 4,000 to 1.88 million. Yet these...

Wholesale inflation tamer in February, PPI shows
Wednesday, 14 March 2018 19:54 WIB | Ekonomi AS PPI

U.S. wholesale prices rose a mild 0.2% in February, the latest sign that inflation has throttled back after flaring up in early 2018. Economists surveyed by MarketWatch had predicted a 0.1% increase last month following a sharp 0.4% advance in January. The 12-month rate of wholesale inflation edged up to 2.8%, but its still below a recent peak of 3.1%. The cost of services such as lodging, passenger flights and telecommunications rose in February to account for most of the increase in PPI. The wholesale price of services rose 0.3%. Prices of wholesale goods fell 0.1%, however. The...

U.S. retail sales fall for third month in a row
Wednesday, 14 March 2018 19:42 WIB | Retail Sales Ekonomi AS

Sales at U.S. retailers fell 0.1% in February and declined for the third month in a row, the first time that's happened since 2012. Economists polled by MarketWatch had forecast a 0.4% increase in sales. Sales rose 0.3% last month if autos and gas are stripped out, however. The decline in retail sales last month was largely concentrated in auto dealers, gas stations and traditional department stores. Gas station receipts dropped 1.2%, reflecting in part more stable prices after a runup in January. Sales at auto dealers fell 0.9% for the second month in a row as a post-hurricane spurt in...

China Factory Output Holds Up Amid Robust Global Demand
Wednesday, 14 March 2018 09:13 WIB | Output industri China ekonomi China

China factory output and investment growth unexpectedly accelerated in the first two months of the year amid robust global demand. Industrial output climbed 7.2 percent in January and February from a year earlier, compared with the 6.2 percent projection in Bloombergs survey and 6.6 percent in December. Retail sales rose 9.7 percent from a year earlier, the statistics bureau said Wednesday, versus a 9.8 percent estimate and 9.4 percent in December. Fixed-asset investment excluding rural households increased 7.9 percent, compared with a 7 percent...

Consumer inflation less threatening in February, CPI shows
Tuesday, 13 March 2018 19:44 WIB | CPI Amerika

The consumer price index rose a mild 0.2% in February after a worrisome 0.5% increase in the first month of the year. The cost of housing rose and the price of clothes and auto insurance posted surprisingly large gains for the second month in a row. Economists surveyed by MarketWatch had forecast a 0.2% advance. The increase in the CPI over the past 12 months edged up to 2.2% from 2.1%. After stripping out gas and food, the more closely followed core rate of inflation also rose 0.2% last month. The 12-month rate of core inflation was unchanged at 1.8% for the third month in a...

Weakening FANG Stocks Stir Overnight Volatility in U.S. Futures

A steady weakening in U.S. equity futures snowballed into one of the biggest drops in a month for Nasdaq 100 contracts, as pre-market trading revealed losses of around 1.5 percent in Apple Inc., Facebook Inc., Alphabet and While global...

Asia Stocks Drop as Consumer, Industrial Firms Lead Declines

Asian shares slipped as traders assessed the pace of U.S. monetary tightening and trade tensions between the world's biggest economy and China. Shares also fell after Apple Inc. was said to be making a significant investment in the development of...

US Dollar firm above 90.00 ahead of G-20, FOMC

The greenback, tracked by the US Dollar Index (DXY), is extending its march north on Monday and is looking to consolidate the recent breakout of the 90.00 handle. The index is advancing for the fourth session in a row so far today, prolonging the...

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Australian business investment softens in 4Q
Thursday, 1 March 2018 14:16 WIB

Australian firms scaled back investment spending by 0.2% in the fourth quarter of 2017 from the third quarter, dragged down by another weak quarter of mining investment. Economists had on average...

Housing starts drop 7% in February, but lull likely temporary
Friday, 16 March 2018 19:59 WIB

Construction on new houses fell 7% in February, but housing starts are still close to a postrecession high and builders show no sign of slowing down. Housing starts declined to an annual rate of...

U.K. Factories in Best Growth Run Since 1997 Amid Global Upswing
Wednesday, 10 January 2018 16:49 WIB

U.K. manufacturers posted a seventh consecutive month of expansion in November as sectors from food producers to makers of games and sports equipment increased output. Factory output rose 0.4...