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Daily Market MoversThe following news stories, economic reports, and statistical tables are selected and compiled by founder John F. Gallwas, who has been an active participant in the financial service industry since January of 1958.
ThursdayBB: China's industrial-output, investment and retail-sales growth cooled more than estimated in January and February, signaling an economic slowdown that makes the government’s 2014 expansion target harder to reach.
WednesdayBB: The Made in China label is losing traction with its two biggest customers. After three decades of gains, China’s share of U.S. imports has plateaued and in Europe it’s in decline.
TuesdayGallup: Gallup's Economic Confidence Index edged down to -20 last week, the lowest weekly score for the index so far in 2014.
BB: The Bank of Japan maintained record easing, keeping ammunition as an April sales-tax bump threatens to trigger the deepest one-quarter contraction since the March 2011 earthquake.
MondayBB: The amount of debt globally has soared more than 40% to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates.
BB: Japan's 4th Q GDP was lower than expected at +0.7% annualized rate, and the January current-account deficit widened to a record 1.59T yen, highlighting risks to Abenomics as a sales-tax increase looms.
SundayBB: China's February CPI was lower than expected at +2.0% from a year earlier, while factory-gate deflation deepened as prices cooled following a week-long holiday.
BB: China’s exports expectantly fell 18.1% in February from a year earlier while imports advanced 10.1%, resulting in a $22.98B trade deficit.
Economic Reports for the Week ending Friday - March 14, 2014
Last Week's Scorecard
* Local currencies
We do not guarantee accuracy of any of the data on this page. If you have any comments or suggestions, please contact William Gallwas or call 800-669-8838
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