International News
- US initial jobless claims rose to 213,000 in the week ended August 25, an increase of 3,000 from the previous week's unrevised level of 210,000.
- US factory orders surged up by 2.3% in August after falling by a revised 0.5% in July.
- US construction project spending edged up a slight 0.1% in August, which followed a 0.2% July increase.
- US wholesale inventories jumped by 1.0% in August after rising by 0.6% in July.
- US personal income climbed by 0.3% in August, matching the increase seen in July; personal spending rose by 0.3% in August after climbing by 0.4% in the previous month.
- US existing home sales came in at an annual rate of 5.34 mn in August, unchanged from July.
- UK GfK consumer confidence rose to -7 in August from -10 in July.
- Eurozone consumer inflation came in at 2% in August versus 2.1% in July.
- Japan eco-watcher’s current index rose to a 4-month high of 48.7 in August from a 22-month low of 46.6 in July; the outlook index strengthened to a 6-month high of 51.4 in August from 49.0 in the previous month.
- Japan’s core machinery orders rose 6.8% in August from a month earlier to 981.5 bn yen.
- China industrial production climbed 6.1% year-on-year in August, slightly faster than the 6% increase of July.
- China’s official manufacturing purchasing managers' index (PMI) rose to 51.3 in August from July's 51.2, while non-manufacturing PMI rose to 54.2 in August from 54.0 in July.
Last Updated: 31st August 2018
Next Update On:15th September 2018
Update Frequency: Once Every Fortnight
