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Japan will on Friday release June numbers for consumer prices, setting the pace for a light day in Asia-Pacific economic activity. Overall nationwide CPI is expected to rise 0.8 percent on year, up from 0.7 percent in May. Core CPI is also tipped to climb 0.8 percent, up from 0.7 percent. Japan... Read more...

Indonesia's central bank held the key interest rate steady on Thursday after hiking it thrice to stabilize the currency. The Board of Governors held the 7-day reverse repo rate unchanged at 5.25 percent, the Bank Indonesia said, in line with economists' expectations. The central bank raised the... Read more...

UK retail sales unexpectedly declined in June, but the quarterly growth rate was the fastest since 2015, preliminary data from the Office for National Statistics showed Thursday. Retail sales dropped 0.5 percent from the previous month, while economists' were looking for a 0.2 percent increase. The... Read more...

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The cryptocurrency rally running for the last three days lost steam Thursday morning with Bitcoin facing stiff resistance as it chased the $8,000 mark. Most cryptocurrencies were in the red, while Bitcoin resumed its upward trend. Overall cryptocurrency market capitalization fell to $290.93 billion as of 10.20 am ET on CoinMarketCap. Read more...

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Pointing to continuing solid growth in the U.S. economy, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading economic indicators in the month of June. The Conference Board said its leading economic index climbed by 0.5 percent in June. Read more...

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Rep. Collin Peterson says much of the cryptocurrency ecosystem "seems like a Ponzi scheme." He made the remarks at a U.S. House Committee hearing on cryptocurrency. Two separate public hearings on cryptocurrency were hosted on Capitol Hill Wednesday. The subject of hearing in the House Committee on Agriculture was "Cryptocurrencies: Oversight of New Assets in the Digital Age." Mike Conaway, who is Read more...

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UK retail sales revealed a mixed bag as they unexpectedly declined in June, but the quarterly growth was robust, preliminary data from the Office for National Statistics showed Thursday. Retail sales dropped 0.5 percent from the previous month, while economists' were looking for a 0.2 percent increase. The decline came after a two months of strong growth. In May, sales rose 1.4 percent. Read more...

Irish economy contracted in the three months ended March, after expanding in the previous three quarters, preliminary data from the Central Statistics Office showed Thursday. In real terms, gross domestic product decreased 0.6 percent sequentially in the first quarter, reversing a 2.8 percent rise... Read more...

Czech producer price inflation accelerated at a faster-than-expected pace in June to the highest level in more than a year, figures from the Czech Statistical Office showed Thursday. Industrial producer prices climbed 2.9 percent year-over-year in June, faster than the 1.5 percent rise in May. That... Read more...

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Producer prices in South Korea were flat on month in June, the Bank of Korea said on Friday - following a 0.2 percent increase in May. Among the major sub-indices, prices for agricultural, forestry and marine products sank 3.3 percent on month, while manufacturing products added 0.2 percent and utilities... Read more...

Hong Kong's unemployment rate held steady in the three months ended June, the Census and Statistics Department reported Thursday. The unemployment rate came in at 2.8 percent in the April to June period, the same rate as in three months to May. The underemployment rate also remained unchanged at... Read more...

Australia's business confidence weakened marginally in the three months ended June, but remained a little above average, quarterly survey data from the National Australia Bank showed Thursday. The business confidence index dropped to 7 in the second quarter from 8 in the previous quarter. After... Read more...

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The one-day interbank deposit futures rates (DI rates) in Brazil opened higher Thursday, tracking the locally traded U.S. dollar and the higher rates os the U.S. Treasuries amid increasing risk aversion. The DI rates rise in line with the U.S. currency, which rises more than 1% against the Brazilian... Read more...

The Brazilian state-oil company Petrobras extended the term of its US$ 1 billion debt with the Mizuho Bank. Installments originally expiring in 2020 and 2022 had its terms extended to 2024, the company said. With the renegotiation Petrobras achieved more competitive financial costs, it said in a statement. The... Read more...

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After reporting a notable 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 the pace of growth in manufacturing activity rebounded more than expected in July. Read more...

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Malaysia's central bank is set to keep its policy rate unchanged this year and next, but with inflation set to decline sharply and the outlook for growth much more uncertain, the risks are weighted towards... Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Thursday ,Jul.19
02:00
Exports
JUN
CHF 18.8 B
 
CHF 19.6 B
Switzerland
02:00
Imports
JUN
CHF 17.5 B
 
CHF 17.3 B
Switzerland
02:00
Trade Balance
JUN
CHF 2.6 B
 
CHF 2.3 B
Switzerland
04:30
Retail Sales (M-o-M)
JUN
-0.5
0.25
1.4 (R)
UK
04:30
Retail Sales (Y-o-Y)
JUN
2.9
 
4.1 (R)
UK
08:30
Philly Fed's Mfr Index - Business Condition
JUL
25.7
20
19.9
United States
08:30
Initial Jobless Claims
JUL 14
207.00 K
220 K
215.00 (R) K
United States
10:00
Leading Index
JUN
0.5 %
 
0.0 (R) %
United States
10:30
EIA Natural Gas Inventory (Cubic Feet)
JUL 13
2249 B
 
2203 B
United States
19:30
CPI (M-o-M)
JUN
 
 
0.1 %
Japan
19:30
CPI (Y-o-Y)
JUN
 
0.8 %
0.7 %
Japan
19:30
Core CPI (M-o-M)
JUN
 
 
0.0 %
Japan
19:50
Foreigners Buying Japan Bonds (Yen)
JUL 8 - JUL 14
 
 
¥ 230.6 B
Japan
19:50
Foreigners Buying Japan Stocks (Yen)
JUL 8 - JUL 14
 
 
¥ 74.3 B
Japan
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Profit Taking May Contribute To Early Weakness On Wall Street

The major U.S. index futures are pointing to a lower opening on Thursday, with stocks likely to move back to the downside after ending the previous session modestly higher. Profit taking may contribute to initial weakness on Wall Street following the upward trend seen over the past several sessions. A...
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