Economic News

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Activity in the U.S. manufacturing sector unexpectedly grew at an accelerated rate in the month of August, according to a report released by the Institute for Supply Management on Tuesday, with the index of activity in the sector climbing to a three-year high. Read more...
Brazil industrial production increased for the first time in six months in July, the statistical office IBGE showed Tuesday. Industrial output grew by more-than-expected 0.7 percent month-on-month in July, reversing the 1.4 percent fall in June. Economists had forecast 0.5 percent increase for July.... Read more...
Spain's jobless claims increased for the first time in six months in August, data published by the labor ministry showed Tuesday. Registered unemployment increased 8,070 from July to 4.427 million in August. The average number of jobless claims had increased by an average 49,025 in August over the... Read more...
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After reporting an unexpected drop in U.S. construction spending in the previous month, the Commerce Department released a report on Tuesday showing that construction spending rebounded by more than expected in the month of July. Read more...
After reporting an unexpected drop in U.S. construction spending in the previous month, the Commerce Department released a report on Tuesday showing that construction spending rebounded by more than expected in the month of July. Read more...
Activity in the U.S. manufacturing sector unexpectedly grew at an accelerated rate in the month of August, according to a report released by the Institute for Supply Management on Tuesday, with the index of activity in the sector climbing to a three-year high. Read more...
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Croatia's industrial production rebounded in July, a report from the Croatian Bureau of Statistics showed Tuesday. Industrial production rose a working-day adjusted 1.4 percent year-over-year in July following the 1.7 percent drop in June. Manufacturing production grew 2.5 percent in July. Meanwhile,... Read more...
Eurozone producer prices decreased in July after recovering in June, data published by Eurostat showed Tuesday. Producer prices fell 0.1 percent in July from June due to a 0.6 percent drop in energy prices. In June, producer prices climbed 0.2 percent, which was the first monthly rise in 2014. All... Read more...
Sweden's current account surplus decreased in the second quarter largely due to a fall in visible trade surplus, a report from Statistics Sweden showed Tuesday. The current account surplus decreased to SEK 48.7 billion in the second quarter from SEK 63.2 billion in the previous quarter. A surplus... Read more...

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Policymakers of Reserve Bank of Australia decided to maintain its record low interest rate once again as they continue to assess that the most prudent course is a period of stability in interest rates. The monetary policy board retained the cash rate at 2.50 percent. The rate has been at the current level since August 2013. Read more...
The Reserve Bank of Australia decided to maintain its record low interest rate as widely expected by economists. The monetary policy board retained the cash rate at 2.50 percent. The rate has been at the current level since August 2013. Policymakers said continued accommodative monetary policy... Read more...
South Korea's consumer prices increased at a slower than expected rate in August, figures from Statistics Korea showed Tuesday. Consumer prices rose 1.4 percent year-over-year in August following the 1.6 percent rise in July. Economists had expected consumer prices to grow at the stable rate of 1.6... Read more...
U.K 's construction activity grew at a faster pace in August, defying expectations of a slow down, results of a survey by Markit Economics and the Chartered Institute of Purchasing & Supply, or CIPS, showed Tuesday. The Markit/CIPS construction purchasing managers' index, or PMI, rose to 64 in August... Read more...
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The Swiss economy stalled in the second quarter as the improvement in household spending was insufficient to offset the weakness in exports and investment in construction. Gross domestic product remained flat from the first quarter, when it accelerated to 0.5 percent, the State Secretariat for Economic Affairs said Tuesday. Economists had expected GDP to rise 0.5 percent in the second quarter. Read more...
Romania's retail sales growth improved in July on higher food sales, the National Institute of Statistics said Tuesday. At the same time, producer price inflation accelerated in July. Retail sales volume increased 0.4 percent in July from June driven by increases in sales of food, beverages and tobacco.... Read more...
Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Tuesday ,Sep.2
00:00
Monetary Policy Meeting
-
 
-
Brazil
00:00
Monetary Policy Meeting
-
 
-
Australia
00:30
Interest Rate Decision
-
2.50 %
2.5 %
2.50 %
Australia
01:45
GDP (Q-o-Q)
Q2
0.0 %
0.5 %
0.5 %
Switzerland
01:45
GDP (Y-o-Y)
Q2
0.6 %
1.8 %
2.1 (R) %
Switzerland
05:00
PPI (M-o-M)
JUL
-0.1 %
0 %
0.2 (R) %
Eurozone
05:00
PPI (Y-o-Y)
JUL
-1.1 %
-0.40 %
-0.8 %
Eurozone
08:00
Industrial Production (M-o-M)
JUL
0.7 %
0.45 %
-1.4 %
Brazil
08:00
Industrial Production (Y-o-Y)
JUL
-3.6 %
-3.9 %
-6.9 %
Brazil
09:30
PMI Manufacturing
AUG
54.8
 
54.3
Canada
09:45
PMI Manufacturing
AUG
57.9
56.5
55.8
United States
10:00
Construction Spending - Total
JUL
1.8 %
0.97 %
-1.8 %
United States
10:00
ISM Manufacturing Survey
AUG
59.0
56.75
57.1
United States
10:00
ISM Manufacturing New Orders Index
AUG
66.7
 
63.4
United States
10:00
ISM Manufacturing Prices Index
AUG
58.0
58.5
59.5
United States
21:30
GDP (Q-o-Q)
Q2
0.40 %
1.1 %
Australia
21:30
GDP (Y-o-Y)
Q2
 
3.5 %
Australia
21:45
PMI Composite
AUG
 
51.6
China
21:45
PMI Services
AUG
 
50.0
China

The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment faltering after the strength relayed by the early trading in futures. Strong economic indicators may give rise to fears of monetary policy tightening, although weakening of indicators may trigger growth fears. Even...