News By Region
Monday, May 30, 2016 - 05:00 EMU May Econ Sentiment Rises, Price Expectations Accelerate 0
By Martin Baccardax
LONDON (MNI) - Eurozone economic sentiment advanced for the second consecutive month in May, data from the European Commission showed Monday, driven by solid retail sector and consumer confidence and firm readings for selling price expectations.
The Commission's Economic Sentiment Index (ESI) for the currency area was measured at 104.7 for this month, a 0.7 points increase from an upwardly-revised April tally of 104.0 (103.9) and ahead of the MNI median forecast of 104.5. Economic sentiment in the wider European Union also gained, rising by 0.5 points to 105.7.
"The increase in euro-area sentiment resulted from marked improvements in confidence among consumers and managers in the retail trade and...
Sunday, May 29, 2016 - 21:35 China PBOC Injects CNY65 Bln via 7-day Reverse Repos 0
BEIJING (MNI) - The People's Bank of China injected CNY65 billion via seven-day reverse repos in its open market operations on Monday, traders said.
This resulted in a neutral position for the day.
A total of CNY37 billion in outstanding reverse repos matures this week.
The central bank injected a net CNY70 billion at OMOs last week, the second consecutive weekly net injection.
The seven-day repo opened at 2.25% on Monday, unchanged from Friday's opening price.
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Sunday, May 29, 2016 - 20:48 Japan Apr Retail Sales Slip on Fuels; Quake Impact Limited 0
--Japan Apr Retail Sales -0.8% Y/Y; Median Forecast -1.2%
--Japan Apr Retail Sales Post 2nd Straight Y/Y Drop
--Japan Apr Retail Automobile Sales +0.7% Y/Y; Mar -3.0%
--Japan Apr Retail Fuel Sales -14.0% Y/Y; Mar -14.7%
--Japan Apr Retail Machinery Sales -2.3% Y/Y; Mar -4.3%
--Japan Apr Retail Food, Beverages Sales +2.4% Y/Y; Mar +3.0%
--Japan Apr Retail Apparel Sales +2.0% Y/Y; Mar +3.7%
TOKYO (MNI) - Preliminary retail sales from the Ministry of Economy, Trade and Industry released Monday.
Sunday, May 29, 2016 - 20:35 St Louis Fed's Bullard: Keep Int Rates Positive In Next Crisis 0
--Central Bank Should Generate one-time Price Level Rise
--Don't Go To Zero Lower Bound, Q.E., Forward Guidance
(MNI) - If the economy again faces economic weakness and credit market disruption at some point, St.
Sunday, May 29, 2016 - 19:25 JAPAN PRESS: PM Abe Wants To Delay Sales Tax Hike To Oct 2019 0
TOKYO (MNI) - Japan's Prime Minister Shinzo Abe told senior ruling party officials that he wants to delay raising the sales tax again, this time by more than two years, media reports said during the weekend.
Deputy Prime Minister and Finance Minister Taro Aso and Liberal Democratic Party Secretary-General Sadakazu Tanigaki, a former finance minister, are opposed to Abe's idea of yet another delay in the tax hike, from April next year until October 2019, the reports said.
Aso told Abe that if the government were to postpone the tax hike, which is designed to help finance growing social security costs and thus trim the huge public debt, the Prime Minister would have to dissolve the Lower House and call snap elections.
Friday, May 27, 2016 - 15:17 Friday's Top Stories in the United States 0
* In the week ahead, markets will have a long wait for key data and events, resulting in range trade for much of the time that defers to watching oil and stocks after month-end needs are satisfied.