Sunday, September 25, 2016 - 22:49 ANALYSTS: BOJ Sep Tankan To Show Flat Business Sentiment 0
TOKYO (MNI) - The Bank of Japan's Tankan survey for September is expected to show sentiment remains cautious, little changed from three months ago as recovering overseas demand counters sluggish demand at home.
Economists expect business sentiment to be narrowly mixed in the coming three months. There is concern that a firmer yen would hurt exporter profits and thus, overall share prices. However, there also some expectations that domestic demand could recover along with its overseas counterpart.
The BOJ will release the outcome of its September Tankan quarterly business survey at 0850 JST on Monday, Oct. 3 (2350 GMT Oct.
Sunday, September 25, 2016 - 21:36 BOJ: Q2 Foreign JGB Holdings Up; Domestic Bank Y/Y Drop Slower 0
TOKYO (MNI) - The Bank of Japan Monday released preliminary flow of funds data for the April-June quarter.
All Investors banks BOJ JGB Y/Y JGB Y/Y JGB Y/Y Holdings Change Share Holdings Change Share Holdings Change Share End-June End-June End-June Y233 Y111 trln +16.4% 10.0% trln -14.7% 21.05% Y398 trln +34.6% 35.97% End-Mar End-Mar End-Mar...
Friday, September 23, 2016 - 08:42 Analysis: Canada Retail Sales, Inflation Underwhelm 0
--July Retail Sales -0.1% M/M, Ex Autos -0.1%, Ex Autos and Gas +0.4%
--August CPI -0.2% M/M, +1.1% Y/Y; Core CPI Unch M/M, +1.8% Y/Y
OTTAWA (MNI) - Canadian July retail sales and August inflation data underwhelmed, both coming below analysts' expectations, according to data published Friday by Statistics Canada, with core inflation at 1.8%, the lowest rate in two years, drifting away from the Bank of Canada's 2.0% target.
Retail sales edged down 0.1% in July, bringing down the 12-month growth pace to 2.3% from 2.8% in June.
Excluding a 0.2% decline in motor vehicles and parts, sales were still down 0.1...
Thursday, September 22, 2016 - 10:00 US NAR: August Existing Home Sales Fall 0.9% to 5.33 Mln 0
By Kevin Kastner
WASHINGTON (MNI) - Home resales declined by 0.9% in August to an annual rate of 5.33 million, below expectations for a slight increase to a 5.42 annual, data released by the National Association of Realtors reported Thursday showed.
NAR Chief Economist Lawrence Yun told reporters that the drop was "surprising" given the recent job increases, which usually lead to increase home sales. Yun again cited supply shortages that have restrained sales and boosted home prices beyond the pace of wage growth.
The number of housing units available for sale fell 3.3% in August to a total of 2.04 million houses, pulling the months supply down to 4.6 months at the current sales pace from 4.7 months in July and 5.1 months...
Thursday, September 22, 2016 - 08:30 ANALYSIS:US Jobless Claims Fall 8,000 To 252,000 In Sept 17 Wk 0
By Kevin Kastner
WASHINGTON (MNI) - Initial claims for U.S. state unemployment benefits fell by 8,000 to a lower-than-expected level of 252,000 in the September 17 employment survey week, down from the 262,000 level in the August 13 employment survey week, data released by the Labor Department Thursday showed.
The claims level in the previous week was unrevised at 260,000.
The four-week moving average for initial claims fell by 2,250 to 258,500, a fifth straight decline, as the August 20 week's 261,000 level rolled out of the calculation. If the headline number of claims remains steady next week, the average would decline further as a 263,000 level in the August 27 week rolls off.
Thursday, September 22, 2016 - 06:00 UK Industry Order, Output Volumes Unchanged in Sep vs Aug 0
By David Robinson
LONDON (MNI) - UK industry's order books and output volume balances were unchanged on the month in September, although export orders declined.
The CBI's Industrial Trends Survey found that the order book balance held steady at -5 in September and output volumes for the past three months were steady at 11.