Panel Beaters Fight Back Against Insurers Not Paying

Panel beaters will now only release your car once your insurer has paid all bills Key take-away Points: •South African panel beaters, spray painters and motor body repairers are revolting against delayed payments from insurers. •The country’s biggest industry organisation has adopted a “pay before release” policy. •You will only get your vehicle once your […]

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U.S. – Crude Oil Stocks Change 26 June @16h30

Economic Data Released – U.S. – Crude Oil Stocks Change 26 June @16h30 Stocks of crude oil in the United States decreased by 3.106 million barrels in the week ended June 14th 2019, down from a 2.206 million rise in the previous week and above market expectations of a 1.077 million decline. Meanwhile, gasoline inventories […]

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U.S. – Durable Goods Orders 26 June @14h30

Economic Data Released – U.S. – Durable Goods Orders 26 June @14h30 New orders for US manufactured durable goods fell 2.1 percent from a month earlier in April 2019, reversing a downwardly revised 1.7 percent growth in March and slightly worse than market expectations of a 2 percent drop. Transportation equipment, also down two of […]

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Germany – GFK Consumer climate 26 June @08h00

Economic Data Released – Germany – GFK Consumer climate 26 June @08h00 The GfK consumer sentiment indicator for Germany dropped to 9.8 heading into July 2019 from 10.1 in June, below market estimates of 10. It was the weakest reading since April 2017, as the gauge measuring income expectations fell sharply to its lowest in […]

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U.S. – API Crude Oil Stock Change 24 June @23h00

Economic Data – U.S. – API Crude Oil Stock Change 24 June @23h00 API Crude Oil Stock Change in the United States decreased to -0.81 BBL/1Million in June 14 from 4.85 BBL/1Million in the previous week. API Crude Oil Stock Change in the United States averaged 0.45 BBL/1Million from 2012 until 2019, reaching an all […]

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U.S. – New Home Sales 25 June @14h30

Economic Data – U.S. – New Home Sales 25 June @14h30 Sales of new single-family houses in the United States dropped 6.9 percent from the previous month to a seasonally adjusted annual rate of 673 thousand in April 2019, from a revised 11-1/2-year high of 723 in March, while markets had forecast a 2.8 percent […]

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France – Business Confidence 25 June @08h45

Economic Data – France – Business Confidence 25 June @08h45 The French industrial sentiment indicator fell to 102 in June 2019 from 104 in the previous month and below market expectations of 104. The balance of industrialists’ opinion on their personal production expectations deteriorated (8 vs 12 in May) while on their past activity rose […]

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Korea – Consumer Confidence 24 June @23h00

Economic Data – Korea – Consumer Confidence 24 June @23h00 Consumer Confidence in South Korea decreased to 97.90 Index Points in May from 101.60 Index Points in April of 2019. Consumer Confidence in South Korea averaged 100.80 Index Points from 1998 until 2019, reaching an all time high of 120.60 Index Points in October of […]

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U.S. – Chicago Fed National Activity 24 June @14h30

Economic Data – U.S. – Chicago Fed National Activity 24 June @14h30 The Chicago Fed National Activity Index dropped to -0.45 in April 2019 from an upwardly revised +0.05 in the previous month and worse than market expectations of -0.33. The contribution from production-related indicators to the CFNAI declined to -0.44 in April from -0.04 […]

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Germany – Business Climate 24 June @10h00

Economic Data Released- Germany – Business Climate 24 June @10h00 The Ifo Business Climate Index in Germany fell by 0.5 points from a month earlier to 97.4 in June 2019, the lowest level since November of 2014, and compared with market expectations of 97.2. The business expectations sub-index slumped to 94.2 from a downwardly revised […]

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