Global equities ended mostly firmer last week, amid hopes of progress in US-China trade negotiations.
UK Markets ended the week in negative territory, amid ongoing concerns over Brexit negotiations.
UK’s ILO unemployment rate recorded an unchanged reading at a 44-year low rate in the October-December 2018 period.
Annual average weekly earnings including bonus recorded a less-than-anticipated advance in December.
The CBI total trend orders rebounded in February.
Public sector net borrowing posted a more-than-expected surplus in January.
European Markets ended the week on a positive footing, amid hopes that the US and China would soon finalise a trade deal.
The Eurozone’s current account surplus narrowed in December.
Construction output in the Eurozone dropped on a monthly basis in December.
The Eurozone’s Markit manufacturing PMI declined more than market forecast to a 68-month low level in February.
In the Eurozone, consumer price inflation slowed for a third consecutive month to its lowest level in nine months on a yearly basis in January.
The Eurozone’s ZEW survey economic sentiment index rose in February.
The consumer confidence index in the Eurozone advanced more than market forecast in February.
The services PMI in the Eurozone jumped more-than-anticipated in February, notching its highest level in 3 months.
Germany’s ZEW survey current situation index fell more than market anticipations in February.
Germany’s producer price index rose less than expected on an annual basis in January, hitting its lowest level in eight months.
The Markit manufacturing in Germany recorded an unexpected fall in February, reaching its lowest level in 74-months.
Germany’s consumer price inflation slowed to an 11-month low level on an annual basis in January.
The Ifo survey business climate index in Germany declined more-than-expected for a sixth consecutive month in February, hitting its lowest level since December 2014.
Germany’s Ifo survey expectations index unexpectedly dropped in February.
In Germany, the Ifo survey current assessment index fell more than market forecast in February.
Germany’s services PMI surprised with an advance in February.
The ZEW survey expectations index in Germany advanced more than market forecast in February, recording its highest level in five months.
Germany’s gross domestic product (GDP) recorded an unchanged reading on a quarterly basis in the fourth quarter of 2018.
US Markets ended the week in green, amid positive developments in the US-China trade talks.
The NAHB housing market index climbed more than market expectations in February.
The MBA mortgage applications rebounded in the week ended 15 February 2019.
Initial jobless claims fell more than market forecast in the week ended 16 February 2019.
The services PMI climbed more than market anticipations in February.
The Philadelphia Fed business outlook declined more than market forecast in February.
The Markit manufacturing PMI registered a more-than-expected drop to its lowest level in 17 months in February.
Monthly durable goods orders rose less than market forecast in December.
The leading index recorded an unexpected decline in January.
Existing home sales unexpectedly dropped to a 3-year low level on a monthly basis in January.
Asian Markets ended firmer last week, mirroring gains in their US counterparts.
Australia’s ANZ Roy Morgan weekly consumer confidence index advanced in the week ended 17 February 2019.
Australia’s Westpac leading index declined on a monthly basis in January.
The CBA manufacturing PMI in Australia registered a decline in February.
Australia’s CBA service PMI recorded a fall in February.
Unemployment rate in Australia recorded an unchanged reading in January.
The Reserve Bank of Australia (RBA), in its latest monetary policy meeting minutes reported that the central bank is unlikely to change its interest rate in the near future. Meanwhile, the board members would keep a close watch on economic conditions and interest rates. However, the bank warned over weakness in the housing market and downside risks to the economic outlook.
China’s new home prices rose at its weakest pace since April 2018 on a monthly basis in January.
Japan’s national consumer price index (CPI) climbed on a yearly basis in January, meeting market expectations.
In Japan, the flash manufacturing PMI declined in February.
Japan’s merchandise trade deficit widened more-than-anticipated in January.
The final leading economic index in Japan recorded a drop in December.