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Japan will on Monday release April numbers for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are tipped to add 0.3 percent on year, slowing from 0.5 percent in March. Hong Kong will provide April figures for imports, exports and trade balance. In March,... Read more...

UK mortgage approvals increased in April after falling in March, data from UK Finance showed Friday. The number of loans approved for house purchases increased to 38,049 in April from 37,606 in March. Eric Leenders, Managing Director, Personal Finance at UK Finance said, "April saw steady growth... Read more...

The Brazilian government has reached an agreement Thursday night with truck drivers to suspend their strike for 15 days. The deal should buy some time for politicians to find a way to cut fuel prices, but part of the drivers rejected the proposal, and president Michel Temer ordered national security... Read more...

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The head of Spain's central bank has said that he believes cryptocurrencies currently present "more risks than benefits." At the same time, he is appreciative of the blockchain technology, which, according to him, has the potential to improve efficiency and reduce costs. Banco de Espana (Bank of Spain) Governor Luis Maria Linde shared his views on cryptocurrency and blockchain while addressing a Read more...

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Cryptocurrencies declined for the large part of the week, mainly due to regulatory concerns, but was attempting a rebound Friday morning. Bitcoin sunk below $7,300 by Thursday as a news report suggested that the US government was planning to launch a criminal probe into the allegations of price manipulation in the top cryptocurrency. Read more...

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Consumer sentiment in the U.S. unexpectedly saw a modest deterioration in the month of May, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for May was downwardly revised to 98.0 from the preliminary reading of 98.8. Read more...

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The UK economy expanded at the weakest pace in five years in the first quarter, on weak consumer spending and business investment, the second estimate from the Office for National Statistics showed Friday. Gross domestic product grew 0.1 percent sequentially in the first quarter, slower than the 0.4 percent expansion registered in the fourth quarter. The rate came in line with the estimate. Read more...

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Germany's business confidence remained stable in May after falling for five straight months, survey data from the Munich-based Ifo Institute showed Friday. The business climate index came in at 102.2 in May, unchanged from April. This was the lowest reading since last May. The score was forecast to drop to 102 from April's originally estimated reading of 102.1. Read more...

Turkey's capacity utilization rebounded in May, while business confidence weakened for the second straight month, figures from the central bank showed Friday. The capacity utilization rate rose to 77.9 percent in May from 77.3 percent in April. On a seasonally adjusted basis, the capacity utilization... Read more...

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Taiwan's economic growth eased more than initially estimated in the three months ended March, latest figures from the Directorate General of Budget, Accounting & Statistics (DGBAS) showed Friday. Real gross domestic product advanced 3.02 percent year-over-year in the first quarter, slower than the... Read more...

Singapore's industrial production growth quickened in April, and at a faster-than-expected pace, preliminary figures from the Economic Development Board showed Friday. Manufacturing output advanced 9.1 percent year-over-year in April, faster than the 6.1 percent rise in March. The growth was expected... Read more...

Overall consumer prices in Tokyo were up just 0.4 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday. That was beneath expectations for 0.5 percent, which would have been unchanged. Core CPI came in at 0.5 percent, also shy of forecasts for 0.6 percent -... Read more...

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The Brazilian Treasury Department announced three extraordinary debt auctions for next week, in response to "current market conditions" and to "support the local public debt markets" functioning. The Treasury Department said that it would launch auctions to purchase or to purchase and sell NTN-F -... Read more...

Ibovespa, the benchmark stock market index in Brazil, fell 1.52% to 78,897.66 points Friday - the lowest closing level since January 10, amid fears that the Brazilian government will be unable to defuse protests from truck drivers against high and volatile diesel oil prices. In the week, Ibovespa decreased... Read more...

Colcap, the benchmark stock market index in Colombia, fell 0.13%, to 1,526.36 points, with traders adopting a defensive stance before the first round of the country's presidential elections. In the week, the Colcap fell 0.38%. Rodrigo Sanchez, an analyst at Ultraserfinco, said that the index reflected... Read more...

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Indonesia's central bank is likely to raise interest rates over the next few months as the currency is expected to remain under downward pressure, Gareth Leather, an economist at Capital Economics, said. Bank... Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Monday ,May.28
19:30
Job-To-Applicant Ratio
APR
 
1.6
1.59
Japan
19:30
Unemployment Rate
APR
 
2.47 %
2.5 %
Japan
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Developments On North Korea Talks In Focus On Wall Street

The major U.S. index futures are pointing to a lower opening on Friday after stocks recovered from early weakness but still closed modestly lower in the previous session. Geopolitical uncertainty may weigh on the markets following President Donald Trump’s decision to call off the historic summit with...
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