Tuesday, November 21, 2006

Todays Economic Data Cover

1. AUD > New Motor Vehicle Sales...
October auto sales data come in with pretty flast against the September sales. From January to October new auto sales were up 2.95%.

2. EUR > French Q3 GDP...
French q3 GDP unchanged from the Q2. Data was with inline of the many economists expectations. Insee report says that investment spending and consumer spending was bit disappointed in the Q3 even exports of goods and services also fell marginally which led to the unchanged Q3 GDP. Government spending and Domestic demand were stronger in Q3.

3. CHF > Trade Balance...
Switzerland recorded a trade surplus of 1.58 bln CHF in October, down from September's record high of 1.8 bln, the customs office said.
October's exports rose 17.8 pct year on year to a record 16.624 bln Swiss Franc as imports rose 12.7 pct to 15.048 bln.

4. CHF > Producer Price Index...
Swiss PPI down by 0.1% the data was with in line expectations. Year on year rose to 2.4% due to higher import bill.

5. GBP > CBI Industrial Trends Survey...
Confederation of British Industry, manufacturers recorded best ever export performance in over a decade. It was up by +3 when the october was reading -11. CBI said that all of the sectors are doing well. Overseas demands was boosting up. This was the way better than expectations. This data came strong due to strong recovery in Euro zone economy. After the news Sterling rose to one week high against Euro and Dollar.

6. CAD > Leading Indicator...
Indicator was up by 0.2% in October. The data was below the expectations which was quoted at 0.3%.