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Turkey's trade deficit widened in January from the prior year, figures published by the Turkish Statistical Institute showed Tuesday. The trade deficit increased to $4.31 billion from $3.91 billion in the previous year. Exports logged an annual growth of 18.1 percent and imports climbed 15.9 percent... Read more...

South Africa's private sector credit expanded at the fastest pace in three months in January, the South Africa Reserve Bank reported Tuesday. Private sector credit expanded at a faster pace of 5.56 percent annually in January after rising 5.1 percent in the prior month. This was the fastest expansion... Read more...

Japan's housing starts expanded at a faster pace in January, the Ministry of Land, Infrastructure, Transport and Tourism showed Tuesday. Housing starts growth accelerated unexpectedly to 12.8 percent in January from 3.9 percent in December. Economists had forecast the growth to slow to 3.3 percent.... Read more...

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Pending home sales in the U.S. unexpectedly plunged to their lowest level in a year in the month of January, according to a report released by the National Association of Realtors on Monday. NAR said its pending home sales index tumbled by 2.8 percent to 106.4 in January. Read more...

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After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January. The report said durable goods orders surged up by 1.8 percent in January after falling by a revised 0.8 percent in December. Read more...

After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January. Read more...

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Finland's foreign trade deficit increased less than initially estimated in December, latest figures from Finland Customs Office showed Tuesday. The trade deficit for December was revised down to EUR 509 million from EUR 530 million reported earlier. In the corresponding month last year, the shortfall... Read more...

Estonia's economic growth improved further in the three months ended December, figures from Statistics Estonia showed Tuesday. Gross domestic product advanced 2.7 percent year-over-year in the fourth quarter, faster than the 1.3 percent gain in the third quarter. The seasonally and working-day-adjusted... Read more...

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Flash consumer prices, household spending and revised quarterly national accounts figures from France are due on Tuesday, headlining a busy day for the European economic news. Read more...

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Singapore's producer prices increased for the second straight month in January, figures from the Department of Statistics showed Tuesday. The manufactured products price index rose sharply by 9.0 percent year-over-year in January, faster than the 5.6 percent climb in December. The oil and non-oil... Read more...

Japan's small business confidence weakened for the second straight month in February, survey data from Shoko Chukin Bank showed Tuesday. The small business confidence indicator dropped to 47.7 in February from 48.3 in January. In December, the score was 48.3. The confidence indicator for manufacturing... Read more...

Malaysia's producer price inflation accelerated markedly at the start of the year, figures from the Department of Statistics showed Tuesday. The producer price index for local production climbed 10.2 percent year-over-year in January, much faster than the 6.5 percent rise in December. The price... Read more...

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New Zealand's money supply growth held steady in January, after accelerating in the previous month, figures from the Reserve Bank of New Zealand showed Tuesday. The broad money supply, or M3, rose 6.4 percent year-over-year in January, the same rate of increase as in December. In the corresponding... Read more...

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Australia posted a seasonally adjusted current account deficit of A$3.853 billion in the fourth quarter of 2016, the Australian Bureau of Statistics said on Tuesday. That beat forecasts for a deficit of A$4.0 billion following the A$10.2 billion shortfall in the three months prior. The primary... Read more...

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Industrial output in Japan fell 0.8 percent on month in January, the Ministry of Economy, Trade and Industry said on Tuesday. That missed forecasts for an increase of 0.4 percent following the 0.7 percent gain in December. On a yearly basis, industrial production climbed 3.2 percent - also shy... Read more...

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Eurozone consumer sentiment is likely to weaken in the coming months on higher inflation and rising uncertainty from elections in major economies, Daniel Christen, an assistant economist at Capital Economics,... Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Tuesday ,Feb.28
Current Account Balance - BoP
DEC
 
 
€ 3.26 B
Spain
Capital Account Balance - BoP
DEC
 
 
€ 228 M
Spain
00:00
Housing Starts (Y-o-Y)
JAN
12.8 %
3 %
3.9 %
Japan
02:45
GDP (Q-o-Q)
Q4 P
 
0.40 %
0.4 %
France
02:45
GDP (Y-o-Y)
Q4 P
 
1.1 %
1.1 %
France
02:45
Consumer Spending (M-o-M)
JAN
 
0.5 %
-0.8 %
France
02:45
PPI (M-o-M)
JAN
 
 
1.0 %
France
02:45
PPI (Y-o-Y)
JAN
 
 
1.7 %
France
03:00
KOF Swiss Leading Indicator
FEB
 
 
101.7
Switzerland
08:30
Industrial Product Price (Y-o-Y)
JAN
 
 
2.2 %
Canada
08:30
Raw Materials Price Index (Y-o-Y)
JAN
 
 
17.2 %
Canada
08:30
GDP (Q-o-Q)
Q4
 
2.13 %
3.5 %
United States
08:30
GDP (Y-o-Y)
Q4
 
1.9 %
1.7 %
United States
09:00
S&P/Case-Shiller Home Price Index
DEC
 
 
185.23
United States
09:45
Chicago PMI
FEB
 
53
50.3
United States
10:00
Consumer Confidence Index
FEB
 
110.32
111.8
United States
18:50
Capital Spending (Q-o-Q)
Q4
 
 
-1.3 %
Japan
19:30
GDP (Q-o-Q)
Q4
 
0.62 %
-0.5 %
Australia
19:30
GDP (Y-o-Y)
Q4
 
1.75 %
1.8 %
Australia
19:30
PMI Manufacturing
FEB F
 
53.5
52.7
Japan
20:45
PMI Manufacturing
FEB
 
51.5
51.0
China
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Futures Pointing To Modestly Lower Open On Wall Street

The major U.S. index futures are pointing to a modestly lower opening on Monday following the strength seen in the previous week. Profit taking may lead to weakness on Wall Street following the recent strength in the markets. Nonetheless, trading activity may be somewhat subdued ahead of President Donald...
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