Wednesday, 27 March 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. Business-Equipment Orders Advance by Most in Six Months
Wednesday, 13 March 2019 19:51 WIB | ECONOMY |Ekonomi AS

Orders placed with U.S. factories for business equipment rebounded in January by the most in six months, a sign demand is withstanding concerns about slower global growth and the trade war with China. 

Non-military capital goods orders excluding aircraft -- a proxy for business investment -- gained 0.8 percent, after a 0.9 percent decline the prior month, according to Commerce Department figures released Wednesday. The median forecast in a Bloomberg survey called for a 0.2 percent increase. The broader measure of bookings for all durable goods, or items meant to last at least three years, unexpectedly rose.

The improvement in demand, underscored by orders for machinery and communications equipment, suggests a solid start to the year for manufacturers that should support economic growth in the first quarter. At the same time, other data for February give a more muted picture, with the Institute for Supply Management's factory index falling to a two-year low in February and manufacturers adding the fewest workers since 2017. 

Some figures that are used to calculate gross domestic product also were more encouraging: Shipments of non-military capital goods excluding aircraft rose 0.8 percent after a revised 0.1 percent increase and exceeding the Bloomberg survey median of a 0.2 percent decline. 

Total durable-goods orders, which gained 0.4 percent from December, got a boost from the volatile transportation category, reflecting a 15.9 percent rise in bookings for civilian aircraft and parts. Separate data showed Boeing Co.™s aircraft orders fell in January to less than a quarter of the prior month's total. 

A separate Labor Department report on Wednesday showed the producer price index rose less than forecast in February. The PPI increased 0.1 percent after a 0.1 percent decline in January. That followed data Tuesday showing consumer-price inflation cooled last month, reinforcing the Federal Reserve™s stance of patience on raising interest rates.

Source : Bloomberg

RELATED NEWS
Consumer confidence falls in March in another sign of economic anxiety...
Tuesday, 26 March 2019 21:29 WIB

Kepercayaan konsumen menurun tajam pada bulan Maret, sehingga menambah pola naik-turun baru-baru ini yang menunjukan kekhawatiran yang lebih besar mengenai ekonomi AS. Indeks kepercayaan konsumen tur...

German flash manufacturing PMI hits 6-year lows of 44.7 in March, EUR drops sharply...
Friday, 22 March 2019 16:26 WIB

Aktivitas manufaktur Jerman tumbuh pada laju terlemah dalam enam tahun di bulan Maret, laporan aktivitas manufaktur terbaru dari penelitian IHS/Markit menunjukkan Jumat ini. Indeks Manajer Pembelian ...

UK Retail Sales +0.4% M/M in February vs. -0.4% Expected...
Thursday, 21 March 2019 16:55 WIB

Penjualan ritel Inggris mencatat pertumbuhan tak terduga sebesar 0,4% m / m di Februari, mengalahkan ekspektasi pasar sebesar 0,4% dengan selisih besar. Sementara itu, sementara penjualan ritel inti m...

Australian Employment Rose 4,600 in Feb; Estimate 15,000 Gain...
Thursday, 21 March 2019 09:41 WIB

Bank sentral Australia berada di bawah tekanan yang meningkat untuk melanjutkan pengurangan suku bunga setelah jeda 2-1/2 tahun; ia telah menggunakan kekuatan pasar tenaga kerja -- perekrutan yang kua...

UK CPI unexpectedly rises 1.9% y/y in February, core CPI disappoints...
Wednesday, 20 March 2019 17:00 WIB

Indeks Harga Konsumen (IHK) Inggris 12-bulan di 1,9% pada bulan Februari, naik dari 1,8% Januari dan lebih baik dari harapan 1,8%, Office for National Statistics (ONS) Inggris melaporkan hari ini. Se...

LATEST NEWS
Stocks Close Higher as Energy, Financial Sectors Rally

U.S. stocks rose Tuesday as energy and consumer staples sectors buoyed the market but main indexes traded off their intraday highs on tepid housing and consumer-confidence data as well as lingering uncertainties over global growth and Brexit. The...

Oil Prices End Higher Ahead of Weekly Updates on U.S. Petroleum Supplies

Oil futures finished higher Tuesday, with U.S. prices up for the first time in three sessions, ahead of the latest weekly reports on U.S. crude and product supplies. The American Petroleum Institute will report inventory data late Tuesday, while...

Gold Futures Suffer a Retreat From March Highs as U.S. Stocks And Yields Climb

Gold futures on Tuesday settled in negative territory, giving back the bulk of gains from a day earlier that landed the metal at its highest finish in about a month. Stocks and other assets perceived as risky regained some footing higher on the...

POPULAR NEWS
Gold Scores Highest Finish in a Month as Global Market Jitters Persist
Tuesday, 26 March 2019 01:36 WIB

Haven gold pushed higher again Monday to tally its best finish in about a month, as financial markets kept attention fixed on global growth fears...

Gold nears best level in a month as global market jitters persist
Monday, 25 March 2019 19:36 WIB

Gold pushed higher again Monday, within striking distance of its best level in a month, as financial markets kept attention fixed on global growth...

Gold Advances as Investors Weigh U.S. Outlook, Fed
Monday, 25 March 2019 12:43 WIB

Gold gains as investors weigh inversion of the Treasury yield curve, seen as a warning of recession, and Donald Trump's choice of Stephen Moore...

Gold's Net Bullish Positions Snap Three-Week Losing Streak
Monday, 25 March 2019 08:31 WIB

Gold speculators increased their bullish net positions in the week ended March 19, the Commodity Futures Trading Commission (CFTC) data released on...