There were some interesting and important releases on Thursday. Here are some of the most interesting.
Australian Retail Sales data has shown growth which was even higher than expected. The indicator reached 0,3% as compared to September’s 0,1%.
Factory Orders in Germany has grown third month in a row. Economists expected decline. October’s growth reached 0,3% as compared to September’s 0,1%.
UK’s Prime Minister May commented Brexit. She said that law makers in UK have three ways no to accept the agreement, to reject it or to reject Brexit at all. She thinks that another referendum is also possible.
US ADP non-farm employment data was worse than expected. The number of new jobs reached 179 000 in November as compared to 225 000 in October.
As for the Unemployment claims they declined less than expected. US FOMC representative Bostic thinks that Interest Rates are close to neutral. He announced that the FED wants to reach this target.
The head of the Bank of Canada said on Thursday that the level of Interest Rates was appropriate currently. He underlined that the change of Interest Rates depended on economic data.
Canadian IVEY index has shown decline on November. The indicator declined to 57,2 against October’s 61,8.
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