UK House Price Balance Dips To 56% - RICS
An index monitoring house prices in the United Kingdom came in with a score of 56 percent in December, the latest survey from the Royal Institution of Chartered Surveyors revealed on Thursday.
That was shy of forecasts for 60 percent, and down from the reading of 58 percent in November - although the index remained above 50 percent for the fourth consecutive month.
Among the individual components of the survey, expectations for an increase in house prices climbed to 61 percent from 59 percent in the previous month.
Also, the sales-to-stock ratio climbed to 35.2 percent from 34.6 percent a month earlier.
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Thread: Forex News from InstaForex
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16-01-2014, 04:42 AM #431
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17-01-2014, 05:53 AM #432
Japan Govt. Upgrades Economic Assessment
The Japanese government on Friday revised up its assessment of the economy for the first time in four months, as recovery picked up on the back of improvement in household income and business investment.
"The Japanese economy is recovering at a moderate pace," the Cabinet Office said in its monthly report.
The report noted that the economy may continue to recover as household income and business investment increase.
It also noted that exports were in a weak tone recently. However, industrial production is increasing at a moderate pace, according to the Cabinet Office.
News are provided by InstaForex.
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20-01-2014, 06:52 AM #433
Yen Little Changed Following Japan Industrial Production Data
After the release of Japan's final industrial production data for November in Asian deals on Monday at 11:30 pm ET, the yen changed little against other major currencies.
The yen was trading at 104.05 against the greenback, 170.76 against the pound, 140.76 against the euro and 114.13 against the franc around 11:33 pm ET.
News are provided by InstaForex.
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21-01-2014, 02:29 AM #434
Hong Kong CPI On Tap For Tuesday
Hong Kong will on Tuesday release December figures for inflation, highlighting a light day for Asia-Pacific economic activity. Overall inflation is expected to ease to 4.2 percent on year from 4.3 percent in November. Japan will see December numbers for condominium sales and supermarket sales; in November, they were up 22.3 percent and 0.7 percent on year, respectively.
News are provided by InstaForex.
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22-01-2014, 05:48 AM #435
Yen Rises After BOJ Rate Decision
The Bank of Japan kept monetary policy on hold in its decision in Asian deals on Wednesday. Following the announcement, the yen edged up against other major currencies.
The yen was trading at 104.23 against the greenback, 171.82 against the pound, 114.59 against the franc and 141.51 against the euro around 10:30 pm ET.
News are provided by InstaForex.
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23-01-2014, 03:54 AM #436
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against most major opponents in early Asian deals on Thursday.
The greenback rose to 104.84 against the yen for the first time since January 16.
The greenback advanced to 2-day highs of 0.9135 against the franc and 1.3530 against the euro, compared to yesterday's closing quotes of 0.9114 and 1.3547, respectively.
The next possible resistance for the greenback is seen around 0.92 against the franc, 1.345 against the euro and 105.6 against the yen.
News are provided by InstaForex.
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28-01-2014, 08:29 AM #437
Chinese Industrial Profit Rise In 2013
China's industrial profits increased 12.2 percent in 2013 from the previous year, the National Bureau of Statistics said Tuesday.
Profits were up 13.2 percent during eleven months ended November.
In December alone, combined profits of industrial firms grew 6 percent to CNY 942.5 billion. But it was slower than the 9.7 percent growth posted in November.
News are provided by InstaForex.
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29-01-2014, 05:49 AM #438
Swiss Franc Slides To 5-day Low Against Euro
Retracing early gains, the Swiss franc slipped against the euro in Asian trading on Wednesday.
The franc declined to a 5-day low of 1.2295 per euro, off an early high of 1.2261. The franc is likely to face support at the 1.235 mark. The pair traded at 1.2270 at yesterday's close.
News are provided by InstaForex.
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30-01-2014, 06:56 AM #439
Philippine GDP Growth Slows In Q4
The Philippine economy grew at a slower pace in the fourth quarter, data from the National Statistical Coordination Board showed Thursday.
Gross domestic product rose 6.5 percent in the fourth quarter from last year, down from the revised 6.9 percent expansion registered in the previous quarter. Nonetheless, the rate exceeded the 6 percent consensus.
From the third quarter, seasonally adjusted GDP increased 1.5 percent, data showed. For 2013 as a whole, the economy grew 7.2 percent from the previous year.
News are provided by InstaForex.
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03-02-2014, 06:56 AM #440
Day ahead in the Fx Market
TUESDAY, FEB. 4 (GMT):
0330 - AUSTRALIA RBA CASH RATE FOR FEBRUARY Reserved Bank of Australia (RBA) cash rate for February is expected to have remain at 2.50 percent. 2145 - NEW ZEALAND HLFS UNEMPLOYMENT RATE FOR Q4 Jobless rate for Q4 is expected to rise 6.0 percent compared with a rise of 6.2 percent in Q3.
2145 - NEW ZEALAND HLFS JOB GROWTH FOR Q4 Job growth for Q4 is expected to rise 0.6 percent compared with a rise of 1.2 percent in Q3.
2145 - NEW ZEALAND LABOUR COST INDEX FOR Q4 Fourth quarter labour cost index data is expected to rise 1.7 percent from a year earlier, compared with a rise of 1.6 percent in Q3. Labour cost index for Q4 is expected to rise 0.6 percent, quarter-to-quarter, compared with a rise of 0.4 percent in previous quarter.
2145 - NEW ZEALAND HLFS PARTICIPATION RATE FOR Q4 Participation rate for Q4 is expected to have remain at 68.6 percent.
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