Actualités économiques

China Stocks Rise Ahead of Inflation Data

The Shanghai Composite rose 0.49% to close at 3,214 while the Shenzhen Component gained 0.13% to 10,723 on Thursday, reversing losses from earlier in the session as investors look ahead to Chinese inflation data that could influence the outlook for the economy and monetary policy. Data released on Wednesday showed that Chinese exports fell more than expected in May, reflecting the country’s challenging recovery path as external demand slows. Imports also declined for the third straight month, though it dropped less than estimated. Notable gains were seen from heavyweight firms such as Hongbo Co (0.8%), Contemporary Amperex (0.5%), Inspur Electronic (1%), Shanghai Golden Bridge (10%) and Talkweb Information (10%).

Il y a 6 minutes

Stock Market China

Czech Jobless Rate Edges Down in May

The Czech unemployment rate edged down to 3.5% in May 2023, from a five-month low of 3.6% in the previous month, and in line with market expectations. It also marked as the lowest jobless rate since November 2022, as the number of unemployed persons declined by 7,790 to 253,893 over the previous month, while went up by 18,425 compared to the same period a year earlier. Meanwhile, the number of job vacancies increased to 285,692, although it was well below the all-time high of 363,917 recorded in February 2022.

Il y a 12 minutes

Unemployment Rate Czech Republic

Hungary Trade Balance Swings to Surplus in April

Hungary recorded a trade surplus of EUR 308 million in April 2023, compared to a deficit of EUR 528 million in the same month a year earlier, preliminary estimates showed. Exports increased by 3.4 percent to EUR 11,477 million, while imports declined by 4 percent to EUR 11,169 million. Moreover, the share of EU Member States were 78 percent in exports and 68 percent in imports.

Il y a 25 minutes

Balance of Trade Hungary

Bond Yields Rise on Bets of Higher Interest Rates

Government bond yields around the world marched higher as investors anticipate that interest rates will remain elevated due to persistent high inflation, particularly in core indicators. Both the Reserve Bank of Australia and the Bank of Canada surprised with a 25bps interest rate increase this week, resuming their rate hike campaigns after a pause in the previous meeting. Traders are currently assigning a 63% chance the Fed will keep interest rates steady next week, while approximately 37% anticipate a 25bps rate hike. The ECB will also decide on monetary policy next week and comments from several officials suggest borrowing costs will continue to increase. The yield on the US 10-year Treasury note, often viewed as a benchmark for global borrowing costs, has risen to 3.8%, approaching levels not seen in three months. The Germany's 10-year Bund yield, the benchmark for Europe, has climbed above 2.47% and the yield on Australia's ten-year bond has surpassed 4%.

Il y a 30 minutes

Government Bond 10Y United States

Hungary Inflation Rate Lowest in 7 Months

The annual inflation rate in Hungary slowed to 21.5% in May 2023 from 24% in the previous month and below market forecasts of 22.3%. It marked the lowest reading since October 2022, due to the the further slowdown in most sub-indexes primarily, food & non-alcoholic beverages (34% vs 39% in April), transport (14.4% vs 19.4%) and housing & utilities (24.1% vs 26.4%). Costs also eased for alcoholic beverages & tobacco (19.1% vs 20.2%), clothing & footwear (8.7% vs 9.9%), recreation & culture (16% vs 17.2%) and furnishings, household equipment & maintenance (18.8% vs 20.8%). Meanwhile, the core inflation rate, which excludes volatile items such as food and energy, eased to 22.8% from a prior 24.8%. On a monthly basis, the CPI fell 0.4%, the first decline since November 2020.

Il y a 30 minutes

Inflation Rate Hungary

Japanese Shares Drop for Second Day

The Nikkei 225 Index dropped 0.85% to close at 31,641 while the broader Topix Index lost 0.67% to 2,192 on Thursday, with both benchmarks falling for the second straight day as investors continued to take profits following a strong rally in technology stocks. A combination of solid corporate profits, a weak yen and market enthusiasm over AI-related companies recently pushed Japanese stocks to 33-year highs, making them the best performers globally in May. Meanwhile, Japan’s annualized GDP for the first quarter was revised to 2.7%, higher than the consensus forecast of 1.9% and a preliminary reading of 1.6%. Notable losses were seen from index heavyweights such as SoftBank Group (-1.5%), Keyence (-3.5%), Fast Retailing (-0.8%), Sony Group (-1.7%) and Daikin Industries (-1.5%).

Il y a 41 minutes

Stock Market Japan

Romanian Q1 GDP Growth Slows to 2.3%

The Romanian GDP rose 2.3% year-on-year in the first quarter of 2023, unchanged from the preliminary estimate and easing from a 4.5% expansion in the prior period. It marked the eight consecutive quarter of growth in the GDP, but the weakest in the sequence as exports dropped (-0.5% vs 5.2% in Q4 2022) while imports slowed (1.1% vs 4.8%). At the same time, government spending grew at a slower pace (3.9% vs 9.2%). On the other hand, fixed investment was up to its highest in fourteen quarters (13.2% vs 11.8%) while household consumption increased further (6.1% vs 5%). On a seasonally adjusted quarterly basis, the economy advanced 0.1%, in line with initial estimates and slowing from a 1% rise in the previous quarter.

Il y a 47 minutes

GDP Annual Growth Rate Romania

Calendrier économique

Thursday 8 June 2023 (Time UTC)			Actual	Prev
07:00		Unemployment RateMAY	3.5%	3.6%
11:00		Inflation Rate YoYMAY		4.6%
11:00		Inflation Rate MoMMAY		0.03%
Monday 12 June 2023 (Time UTC)			Actual	Prev
10:00		Inflation Rate YoYMAY		10.59%
10:00		Inflation Rate MoMMAY		0.92%
11:00		Unemployment RateQ1		10.8%
Tuesday 13 June 2023 (Time UTC)			Actual	Prev
10:00		Wholesale Prices YoYMAY		14.93%
Monday 19 June 2023 (Time UTC)			Actual	Prev
09:00		Balance of TradeMAY		ALL-41B
Tuesday 20 June 2023 (Time UTC)			Actual	Prev
11:00		Foreign Exchange ReservesMAY		$14.45B
Wednesday 21 June 2023 (Time UTC)			Actual	Prev
08:30		Harmonised Inflation Rate YoYMAY		5%
Tuesday 27 June 2023 (Time UTC)			Actual	Prev
10:00		M3 Money Supply YoYMAY		6.4%
Wednesday 28 June 2023 (Time UTC)			Actual	Prev
00:00		Eid Al-Adha
Thursday 29 June 2023 (Time UTC)			Actual	Prev
00:00		Eid Al-Adha
09:00		GDP Growth Rate YoYQ1		4.7%
09:00		GDP Growth Rate QoQQ1		0.2%
Tuesday 4 July 2023 (Time UTC)			Actual	Prev
12:00		GDP Growth Rate YoYQ1		2.6%
12:00		GDP Growth Rate QoQQ1
Wednesday 5 July 2023 (Time UTC)			Actual	Prev
00:00		Independence Day
15:30		Interest Rate Decision		3%
Friday 7 July 2023 (Time UTC)			Actual	Prev
09:00		Inflation Rate YoYJUN