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Consumer inflation, as reported by the Reserve Bank of Australia (RBA) this morning, seems to have held steady at 0.6{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} in October. But the Trimmed Mean CPI, which is similar to the Core CPI reading of other countries since it excludes the most volatile items, revealed sluggishness with only 0.3{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}…

The publication of the durable goods orders reports from the United States earlier this afternoon revealed a mixed sentiment regarding the manufacturing sector of the world’s largest economy. The nominal figure came in with a reading slightly below forecasts with a 0.8{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} contraction. The core reading, however, beat forecasts with…

Thursday release of Advance GDP in the United States underscored a plausible increase in the nation’s economic growth. As an early indicator of economic expansion in the world’s largest economy, this indicator is highly important to gauging the direction of the market. Expectations for today’s GDP release were for a…

This morning’s early publication of Japanese housing starts portrayed a capital economy in deep contraction heading into the end of 2011. Housing starts are an indicator of the number of private homes starting construction, making it an early gauge of domestic capital investment and early consumer spending and optimism. The indicator…