31 May, 2016 by The TZ Newswire Staff Comments Off on Economic Report: Consumer spending jumps 1% in April
Economic Report: Consumer spending jumps 1% in April
Consumer spending leaped 1% in April to mark the biggest gain in almost seven years, as Americans splurged on new cars and trucks.
31 May, 2016 by The TZ Newswire Staff Comments Off on Canada Q1 GDP annualized +2.4% vs +2.8% exp
Canada Q1 GDP annualized +2.4% vs +2.8% exp
Canadian GDP data now out 31 May 2016
– +0.5% prev revised down from +0.8%
– mm -0.2% vs -0.1% exp/prev
– qq +0.6% vs +0.1% prev
– yy +1.1% vs +1.4% exp vs +1.4% prev revised down from +1.5%
A mixed bag of data overall sees USDCAD back up to 1.3070 from 1.3035
31 May, 2016 by The TZ Newswire Staff Comments Off on US personal income 0.4% vs. +0.4% est. Spending rises by 1.0% vs. 0.7% est.
US personal income 0.4% vs. +0.4% est. Spending rises by 1.0% vs. 0.7% est.
April personal income and spending rise. Real Personal spending +0.6% vs +0.4% est.
The personal income and spending data for the month of April showed good/strong gains. The personal income rose by 0.4% which was as expected but a good gain. It equaled the 0.4% gain in March.
31 May, 2016 by The TZ Newswire Staff Comments Off on April US PCE core 1.6% y/y vs 1.6% y/y expected
April US PCE core 1.6% y/y vs 1.6% y/y expected
Inflation data in the PCE report:
– Prior PCE core 1.6% y/y
– PCE deflator 1.1% vs 1.1% y/y expected
– Prior PCE deflator +0.8% y/y
Month-over-month data:
31 May, 2016 by The TZ Newswire Staff Comments Off on Consumer spending posts biggest gain in more than six years
Consumer spending posts biggest gain in more than six years
Inflation also rose steadily, more signs of an acceleration in economic growth that could persuade the Fed to raise rates again as early as June.
31 May, 2016 by The TZ Newswire Staff Comments Off on Barcelona Based Garage Beer Raises €500,000 on Crowdcube Spain
Barcelona Based Garage Beer Raises €500,000 on Crowdcube Spain
Garage Beer, a Barcelona based craft brewery, has closed their equity crowdfunding round on Crowdcube Spain having raised €500,000 with the support to 228 investors. According to information provided by Crowdcube, 90% of the investments were under €1,000 with many being current Brewer Garage customers. Investors were… Read More
31 May, 2016 by The TZ Newswire Staff Comments Off on NATO Ally Erdogan Says "Contraception Is Treason, Women Not Equal To Men, Muslims Must Multiply Descendants"
NATO Ally Erdogan Says "Contraception Is Treason, Women Not Equal To Men, Muslims Must Multiply Descendants"
Submitted by Michael Shedlock via MishTalk.com,
In a stark warning as to what will happen if Chancellor Angela Merkel allows Turkish citizens visa-free travel throughout Europe, Turkish President Recep Tayyip Erdogan says “Contraception is Treason, Women Not Equal to Men, Muslims Must Multiply Descendants .”
Please consider Turkey’s Erdogan Warns Muslims Against Birth Control.