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The UK budget deficit increased in August on higher expenditure amid subdued income growth, data from the Office for National Statistics showed Friday. Public sector net borrowing, excluding public sector banks, rose by GBP 2.4 billion from last year to GBP 6.8 billion in August. Borrowing was expected to fall to GBP 3.4 billion. Read more...

S&P Global Ratings affirmed the sovereign ratings of China with 'stable' outlook, on Friday. The 'A+' credit rating reflects S&P's assessment of the government's reform agenda, growth prospects, and strong external metrics. S&P observed that policy changes have helped to rein in credit growth... Read more...

The UK budget deficit increased in August, data from the Office for National Statistics showed Friday. Public sector net borrowing, excluding public sector banks, rose by GBP 2.4 billion from last year to GBP 6.8 billion in August. This was the largest August borrowing for two years. At the end... Read more...

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Indicating the U.S. economy will continue expanding through 2018, the Conference Board released a report on Thursday showing a continued increase by its index of leading economic indicators in the month of August. The Conference Board said its leading economic index rose by 0.4 percent. Read more...

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With sales growth in the Northeast and Midwest offset by downturns in the South and West, the National Association of Realtors released a report on Thursday showing existing home sales in the U.S. were unexpectedly flat in the month of August. Read more...

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After reporting a significant slowdown in the pace of growth in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing a bigger than expected rebound in the pace of growth in the month of September. Read more...

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Eurozone private sector grew at the second-weakest pace since late-2016 as manufacturing growth was subdued by stagnating export orders, flash survey data from IHS Markit showed Friday. The composite output index fell to 54.2 in September, while the score was forecast to remain unchanged at 54.5. Although the reading was well above the 50.0 no-change level, it was the lowest since November 2016. Read more...

Corrects Month Lithuania's industrial production expanded in August, driven by manufacturing sector, figures from the Department of Statistics showed on Friday. Industrial production climbed by a seasonal and calendar-adjusted 1.4 percent month-on-month in August. The rise was mainly led by a 1.8... Read more...

Slovenia's output price inflation accelerated marginally in August, after remaining stable in the previous month, figures from the Statistical Office of the Republic of Slovenia showed Friday. Output prices climbed 2.5 percent year-on-year in August, just above the 2.4 increase in July. The measure... Read more...

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Hong Kong's current account surplus decreased in the June quarter from a year ago, figures from the Census and Statistics Department showed Friday. The current account surplus fell to HK$15.7 billion in the second quarter from HK$19.1 billion in the same period last year. The surplus also decreased... Read more...

Japan's all industry activity remained stable in July, figures from the Ministry of Economy, Trade and Industry showed Friday. The all industry activity index remained flat on month, following a 0.9 percent fall in June. Economists had forecast a marginal 0.1 percent rise. Among components, construction... Read more...

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S&P Global Ratings raised Australia's sovereign rating outlook as the agency expects the federal budget balance to return to surplus by early 2020s. The credit ratings of the nation was affirmed at 'AAA' and the outlook was revised up to 'stable' from 'negative'. Read more...

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Ireland's factory gate prices decreased for the sixth successive month in August, figures from the Central Statistics Office showed Friday. The manufacturing industries output price index, excluding VAT, fell 0.9 percent year-over-year in August, following a 0.8 percent drop in July. The price... Read more...

Iceland's wage growth eased in August after accelerating in the previous month, figures from Statistics Iceland showed on Friday. The wage cost index climbed 6.0 percent year-over-year in August, following a 6.3 percent rise in the previous month. In June, the rate of increase was 5.9 percent. On... Read more...

Latvia's producer price inflation accelerated for the third straight month in August, figures from the Central Statistical Bureau showed Friday. Industrial producer prices climbed 5.7 percent year-over-year in August, faster than the 4.8 percent increase in July. The measure has been rising since... Read more...

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Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Friday ,Sep.21
Exports
JUL
 
 
€ 25.68 B
Spain
Imports
JUL
 
 
€ 29.07 B
Spain
Trade Balance
JUL
 
 
€ -3.39 B
Spain
M3 Money Supply (M-o-M)
AUG
0.6 %
 
0.7 %
Switzerland
M3 Money Supply (Y-o-Y)
AUG
2.5 %
 
2.4 %
Switzerland
Official Foreign Reserves
AUG
$ 804.78 M
 
$ 801.28 M
Switzerland
00:30
All Industry Activity Index (M-o-M)
JUL
0.0 %
 
-0.8 %
Japan
02:45
GDP (Q-o-Q)
Q2
0.2 %
 
0.2 %
France
02:45
GDP (Y-o-Y)
Q2
1.3 %
 
1.3 %
France
03:15
PMI Manufacturing
SEP P
52.5
53.4
53.5
France
03:15
PMI Composite
SEP P
53.6
54.6
54.9
France
03:15
PMI Services
SEP P
54.3
55.2
55.4
France
03:30
PMI Composite
SEP P
55.3
55.4
55.6
Germany
03:30
PMI Services
SEP P
56.5
55
55.0
Germany
03:30
PMI Manufacturing
SEP P
53.7
55.7
55.9
Germany
04:00
PMI Composite
SEP P
54.2
54.5
54.5
Eurozone
04:00
PMI Services
SEP P
54.7
54.4
54.4
Eurozone
04:00
PMI Manufacturing
SEP P
53.3
54.5
54.6
Eurozone
08:30
CPI (M-o-M)
AUG
0.1 %
 
0.5 %
Canada
08:30
Core CPI (M-o-M)
AUG
0.2 %
 
0.5 (R) %
Canada
08:30
CPI (Y-o-Y)
AUG
2.8 %
 
3.0 %
Canada
08:30
Retail Sales (M-o-M)
JUL
0.3 %
 
-0.3 %
Canada
08:30
Retail Sales (Y-o-Y)
JUL
3.7 %
 
3.8 %
Canada
09:45
PMI Composite
SEP P
 
 
54.7
United States
09:45
PMI Services
SEP P
52.9
 
54.8
United States
09:45
PMI Manufacturing
SEP P
55.6
 
54.7
United States
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Looming Fed Meeting May Lead To Choppy Trading On Wall Street

The major U.S. index futures are pointing to a modestly higher opening on Friday, although stocks may show a lack of direction following the rally seen in the previous session. Traders may reluctant to make significant moves as they digest recent strength in the markets, which lifted the Dow and the...
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