UK retail sales indicator up in October, while a separate consumer spending indicator is down

For GNO at present its not about data, its about vaccine developments, the US election and Brexit trade talks  Nevertheless, for those keeping track. BRC Sales like-for-like for October shows another solid gain, +5.2% y/y  prior 6.1% and total sales for the month +4.9% y/y Meanwhile Barclaycard’s indicator of consumer spending is -0.1% y/y for […]

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US MBA mortgage applications w.e. 30 October +3.8% vs +1.7% prior

Latest data from the Mortgage Bankers Association for the week ending 30 October 2020 Market index 838.2 vs 807.8 prior Purchase index 301.2 vs 305.2 prior Refinancing index 3,949.8 vs 3,711.6 prior 30-year mortgage rate 3.01% vs 3.00% prior The bulk of the surge last week was due to a jump in refinancing activity as […]

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China official PMIs for October: Manufacturing 51.4 (vs expected 51.3) Services 56.2 (expected 56.0)

The manufacturing PMI fell from September but not by as much as expected (central median estimate). Manufacturing 51.4Non-manufacturing 56.2Composite 55.3 prior 55.1 Official Purchasing Manager’s Index (PMI) from China’s National Bureau of Statistics. All remain above 50 and in expansion.   China’s economy is still struggling out of the pandemic response earlier in the year, but […]

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Watch Now: Here’s What’s Moving Markets – October 29 (Video)

© Reuters. Investing.com – Our markets analyst Jesse Cohen gives us his top five things to know on Wall Street on Thursday, October 29, including: 1. Stock Futures Edge Higher After Wednesday’s Selloff; Rise 100 Points 2. Apple (NASDAQ:), Amazon (NASDAQ:), Alphabet (NASDAQ:), Facebook (NASDAQ:), Twitter (NYSE:) Earnings 3. Moderna (NASDAQ:), Starbucks (NASDAQ:), Shopify (NYSE:) […]

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NZ business confidence (October, final) -15.7

New Zealand ANZ business survey for October, final  Business Confidence -15.7, not as strong as the prelim figure had it but improved over September.  Activity Outlook 4.7 ANZ’s key point summary: Headline business confidence, at -15.7%, was 1 point lower than the early month read, while own activity was 1 point higher, at +4.7%. Investment […]

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South Korea 1st 10 days of October, exports per working day up 2.8% y/y

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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U.S. eyes October deadline to end exemptions on Venezuela oil sanctions: sources

2/2 © Reuters. FILE PHOTO: A worker stands at a closed gas station of the state oil company PDVSA in San Cristobal 2/2 By Jonathan Saul and Marianna Parraga LONDON/MEXICO CITY (Reuters) – The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still […]

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