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Japan Core Machine Orders Jump 6.8% In August





The total value of core machine orders in Japan spiked a seasonally adjusted 6.8 percent on month in August, the Cabinet Office said on Wednesday - worth 981.5 billion yen.


That beat expectations for a decline of 3.9 percent following the 11.0 percent spike in July.


On a yearly basis, core machine orders jumped 12.6 percent - again exceeding expectations for 1.8 percent after soaring 13.9 percent in the previous month.


The total value of machinery orders received by 280 manufacturers operating in Japan - including volatile ones for ships and from electric power companies - climbed 1.8 percent on month in August.


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European Economics Preview: France Final CPI Data Due





Final consumer price data from France is due on Thursday, headlining a light day for the European economic news.


At 2.45 am ET, France Insee publishes final consumer prices for September. The statistical office is set to confirm 2.2 percent annual inflation.


At 3.00 am ET, Spain's INE releases final CPI data. According to flash estimate, consumer price inflation came in at 2.2 percent for the third straight meeting in September. In the meantime, Turkey's current account data is due. The current account balance is forecast to show a surplus of $2.5 billion in August versus a deficit of $1.75 billion in July.


At 3.30 am ET, consumer price data for September is due from Sweden. In August, inflation eased to 2 percent from 2.1 percent in July.


At 4.30 am ET, Bank of England publishes Credit Conditions Survey for the third quarter. At 5.00 am ET, Greece unemployment data is due for July. The jobless rate stood at 19 percent in June.


At 6.00 am ET, consumer prices from Ireland and Portugal are due.


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Japan M2 Money Stock Climbs 2.8% On Year In September





The M2 money stock in Japan was up 2.8 percent on year in September, the Bank of Japan said on Friday - coming in at 1,006.5 trillion yen.


That was shy of expectations for 2.9 percent, which would have been unchanged from the August reading.


The M3 money stock was up an annual 2.5 percent to 1,337.7 trillion yen - in line with expectations and unchanged from the previous month.


The L money stock gained 2.3 percent on year to 1,787.4 trillion yen - up from the 2.2 percent gain a month earlier.


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China CPI Climbs 2.5% On Year In September





Consumer prices in China were up 2.5 percent on year in September, the National Bureau of Statistics said on Tuesday.


That was in line with expectations and up from 2.3 percent in August.


The statistics bureau also said that producer prices climbed an annual 3.6 percent - exceeding forecasts for 3.5 percent and down from 4.1 percent in the previous month.


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European Economics Preview: UK Inflation Data Due





Inflation data is due from the UK on Wednesday, headlining a light day for the European economic news.


At 2.00 am ET, the European Automobile Manufacturers Association is set to release new passenger car registrations for September.


At 4.00 am ET, industrial production and producer prices are due from Poland. Industrial output is expected to grow 5.3 percent on month in September following a 0.8 percent rise in August. At the same time, producer price inflation is seen at 2.9 percent versus 3 percent a month ago.


At 4.30 am ET, the Office for National Statistics is scheduled to issue consumer and producer prices for September. UK inflation is expected to ease slightly to 2.6 percent from 2.7 percent in August.


UK output price inflation is forecast to remain unchanged at 2.9 percent in September. Meanwhile, input price inflation is seen rising to 9.2 percent from 8.7 percent a month ago.


At 5.00 am ET, Eurostat publishes euro area final consumer prices and construction output figures. According to preliminary estimate, inflation rose to 2.1 percent in September from 2 percent in August.


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Australia Jobless Rate Sinks To 5.0% In September





The unemployment rate in Australia came in at a seasonally adjusted 5.0 percent in September, the Australian Bureau of Statistics said on Thursday.


That was beneath expectations for 5.3 percent, which would have been unchanged.


The Australian economy added 5,600 jobs last month - shy of expectations for an increase of 15,000 following the 44,000 jump in the previous month.


Full-time employment saw a gain of 20,300, down from 33,700 a month earlier. Part-time employment shed 14,700 jobs following the addition of 10,200 in August.


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China GDP Climbs 1.6% On Quarter In Q3





China's gross domestic product expanded a seasonally adjusted 1.6 percent on quarter in the third quarter of 2018, the National Bureau of Statistics said on Friday.


That was in line with expectations and down from 1.8 percent in the three months prior.


On a yearly basis, GDP climbed 6.5 percent - shy of estimates for 6.6 percent and down from 6.7 percent in the previous three months.


The bureau also said that industrial production climbed 5.8 percent on year in September, shy of forecasts for 6.0 percent and down from 6.1 percent in August. Retail sales climbed an annual 9.2 percent, beating forecasts for 9.0 percent - which would have been unchanged.


Fixed asset investment gained 5.4 percent on year, topping expectations for 5.3 percent - which again would have been unchanged.


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Japan All Industry Activity Rebounds In August





Japan's all industry activity rebounded in August, figures from the Ministry of Economy, Trade and Industry showed Monday.


The all industry activity index climbed 0.5 percent month-on-month in August, reversing a 0.2 percent drop in July and a 0.9 percent decrease in June. Economists had forecast a monthly growth of 0.4 percent. Among components, construction industry activity gained 0.8 percent, in contrast to a 1 percent fall in July. At the same time, industrial production grew 0.2 percent, offsetting July's 0.2 percent decrease.


Tertiary industry activity climbed 0.5 percent, following a 0.1 percent fall in July. On a yearly basis, all industry activity advanced 0.9 percent, the same rate of expansion as logged in July.


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European Economics Preview: Germany's Producer Price Data Due





Producer prices from Germany and flash consumer sentiment from euro area are due on Tuesday, headlining a light day for the European economic news.


At 2.00 am ET, Destatis is set to publish Germany's producer prices for September. Economists forecast prices to rise at a steady pace of 0.3 percent.


In the meantime, Finland's unemployment data is due for September. The jobless rate stood at 6.8 percent in August. At 3.00 am ET, Turkey's consumer confidence survey data is due.


At 6.00 am ET, the Confederation of British Industry is scheduled to issue Industrial Trends survey data. The order book balance is seen at 2 in October versus -1 in September.


At 10.00 am ET, European Commission releases euro area consumer sentiment survey results. The confidence index is seen at -3.2 in October versus -2.9 in September.


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Japan Manufacturing PMI Climbs To 53.1 In October - Nikkei





The manufacturing sector in Japan continued to expand in October, and at a faster rate, the latest survey from Nikkei revealed on Wednesday with a preliminary reading of 53.1.


That's up from 52.5 in September, and it moves farther above the boom-or-bust line of 50 that separates expansion from contraction.


Individually, output, new orders and employment all accelerated, while the rates of input cost and output price inflation both climbed to multi-year highs.


Sentiment for future expectations remained positive, although the optimism was weaker.


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