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With consumer expectations showing a significant rebound, the University of Michigan released a report on Friday showing a much bigger than expected improvement in U.S. consumer sentiment in the month of August. The report said the preliminary reading on the consumer sentiment index for August jumped to 97.6. Read more...

The narrowing in India's trade deficit in July and a number of factors should ensure that it remains in check over the coming months, Shilan Shah, an economist at Capital Economics, said. "This should keep India's financial markets relatively secure in the event that global investor sentiment turns... Read more...

Poland's industrial production declined more than expected in July on sharp reduction in manufacturing, data from the Central Statistical Office revealed Friday. At the same time, producer price inflation accelerated in July, the statistical office said in a separate communique. Industrial production... Read more...

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Suggesting the U.S. economy may experience further improvements in activity in the second half of the year, the Conference Board released a report on Thursday showing that its index of leading economic indicators rose in line with estimates in July. Read more...

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A report released by the Federal Reserve on Thursday showed industrial production in the U.S. rose by slightly less than expected in the month of July. The report said industrial production edged up by 0.2 percent in July after climbing by 0.4 percent in June. Read more...

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Manufacturing activity in the Philadelphia-area saw a slightly slower rate of growth in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The report said the Philly Fed Index edged down to 18.9 in August. Read more...

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Eurozone industry is undergoing a cautious recovery and an actual improvement in the current trend of production is yet to happen, Bert Colijn, a senior economist at ING, said. Industrial production dropped 0.6 percent monthly in June, reversing a 1.2 percent rise in May, data from Eurostat showed... Read more...

Portugal's producer price inflation eased for the fourth consecutive month in July, figures from Statistics Portugal showed Friday. Industrial producer prices climbed 2.2 percent year-over-year in July, slower than the 2.8 percent increase in June. The measure has been rising since December 2016. Excluding... Read more...

Italy's current account surplus increased in June from a year ago, data from the Bank of Italy showed Friday. The current account surplus climbed to EUR 5.26 billion in June from EUR 4.04 billion in the corresponding month last year. The surplus on trade in goods fell to EUR 5.21 billion in June... Read more...

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The Reserve Bank of India is unlikely to follow up with further policy loosening in the near future amid an acceleration in inflation that may continue in the coming months, Shilan Shah, an economist at Capital Economics, said. India's consumer price inflation accelerated for the first time in four... Read more...

Standard & Poor's on Friday maintained the sovereign ratings of South Korea at 'AA' with 'stable' outlook as geopolitical risks are not expected to escalate. The rating reflects the country's favorable policy environment, sound fiscal position, and net external creditor position. Significant security... Read more...

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Malaysia's economic growth accelerated unexpectedly to the fastest pace in more than two years in the second quarter on robust private consumption. Gross domestic product grew 5.8 percent year-on-year in the second quarter, faster than the 5.6 percent expansion seen in the first quarter, the Department of Statistics reported Friday. The annual rate was forecast to ease to 5.4 percent. Read more...

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Eurozone construction output decreased for the second straight month in June, Eurostat reported Friday. Construction output declined 0.5 percent month-on-month in June, bigger than the 0.2 percent decrease seen in May. The 0.5 percent decline was caused by a 0.5 percent fall in civil engineering... Read more...

The euro area current account surplus declined to the lowest in nearly three years in June, the European Central Bank said Friday. The current account surplus fell to EUR 21.2 billion in June from EUR 30.5 billion in May. This was the lowest level since August 2014. The surplus on trade in goods... Read more...

German producer prices rose at the slowest pace so far this year in July, data from Destatis showed Friday. Producer prices for industrial products advanced 2.3 percent year-on-year in July, slightly weaker than the 2.4 percent increase seen in June. This was the weakest since December, when prices... Read more...

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The narrowing in India's trade deficit in July and a number of factors should ensure that it remains in check over the coming months, Shilan Shah, an economist at Capital Economics, said. "This should... Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Friday ,Aug.18
02:00
PPI (M-o-M)
JUL
0.2 %
-0.1 %
0.0 %
Germany
02:00
PPI (Y-o-Y)
JUL
2.3 %
2 %
2.4 %
Germany
04:00
Capital Account Balance - BoP
JUN
€ 1.1 B
 
€ 0.3 (R) B
Eurozone
04:00
Current Account Balance - BoP
JUN
€ 21.2 B
 
€ 30.5 (R) B
Eurozone
05:00
Construction Orders (Y-o-Y)
JUN
3.4 %
2.1 %
2.7 (R) %
Eurozone
08:30
Core CPI (M-o-M)
JUL
0.2 %
 
0.2 %
Canada
08:30
CPI (M-o-M)
JUL
0.2 %
 
0.0 %
Canada
08:30
CPI (Y-o-Y)
JUL NSA
1.2 %
 
1.0 %
Canada
09:30
CB Coincidence Index
JUN
0.0 %
 
0.3 %
France
09:30
CB Leading Index
JUN
-0.2 %
 
0.4 %
France
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Bargain Hunting May Contribute To Strength On Wall Street

The major U.S. index futures are pointing to a modestly higher opening on Friday, with stocks poised to regain some ground after ending the previous session substantially lower. Bargain hunting may contribute to early strength on Wall Street following the sell-off seen on Thursday, with some traders...
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