Brief analysis of international economic data on February 24, 2017

Beijing (CNFIN.COM / ):

European data:

CBI: UK retail sales rebound in February

According to UK UK retail sales rebounded in February after a slight decline at the start of 2017, according to a survey by the Confederation of Industry (CBI). The survey showed that the gap between retailers reporting sales growth and those reporting sales decline was 9%, higher than the previous 8%. [Details]

Germany’s fiscal surplus reached a record high last year

Data released by the German Federal Statistical Office on the 23rd showed that Germany’s fiscal surplus in 2016 was as high as 237. 100 million euros (1 euro is about 1.06 US dollars), the highest value since the reunification of Germany in 1990. [Details]

Germany’s consumer confidence index fell slightly in March

The monthly report released by German market research organization GEFK on the 23rd showed that Germany’s 3 The monthly consumer confidence index is expected to be 10.0 points, a slight decrease of 0.2 points from February. [Details]

American data:

The number of initial jobless claims in the United States is 244,000. Can strong employment support an interest rate hike in March?

Data released by the U.S. Department of Labor on Thursday (February 23) showed that the number of initial jobless claims in the United States for the week ending February 18 was 244,000, indicating that the job market continues to tighten. It will support U.S. economic growth in 2017, and it is not impossible for the Federal Reserve to raise interest rates in March. [Details]

U.S. crude oil exports have exceeded 1 million barrels for two consecutive weeks

A report released by EIA on Thursday showed that U.S. crude oil exports as of February 17 Daily exports reached a record high of 120 barrels per day. The increase comes more than a year after the United States lifted its crude oil export ban, which is very impressive. [Details]

EIA crude oil inventories increased by 564,000 barrels this week and oil prices rose slightly

Data released by the U.S. Energy Information Administration (EIA) showed that the United States In the week ending February 17, EIA crude oil inventories increased by 564,000 barrels, recording a seventh consecutive increase, and the increase was 3.25 million barrels lower than expected. WTI crude oil futures rose 25 cents to $54.89 per barrel after the release of EIA crude oil inventory data, setting a new daily high. 【Details】