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Economic News

US Economic News
Canada's Current Account Surplus Widens More Than Expected in Second Quarter
Canada's current account surplus widened more than forecast in the second quarter, bolstered by higher prices for energy and other exported commodities. According to data released Thursday morning by Statistics Canada, the trade surplus expanded to $6.8 billion, with higher prices for several exported commodities pushing the goods surplus to $16.4 billion.
U.S. Economic Growth Exceeds Estimates On Strength In Exports
Weekly Jobless Claims Fall In Line With Estimates
Weekly Jobless Claims Slip To 425,000
Second Quarter GDP Growth Revised Up To 3.3%
Dr. Rajeev Dhawan Says Aftershocks Of Credit Crunch Are Damaging Growth

European Economic News
UK Consumer Confidence Up To -36 in August - GfK
An index measuring consumer confidence in Great Britain saw a surprise gain in August, research firm GfK NOP said on Friday, climbing to a reading of -36. That's up from the record low score of -39 posted in July, and it beat handily analyst expectations of a reading of -41. It marks the first improvement in the index since January.
UK retail sales volumes decline in August, says CBI
Europe Round Up - German Jobless Rate At 16-year Low; UK House Prices Log Double-digit Fall
Lithuania Revises Down Q2 GDP Growth
German Jobless Rate Dips To 16-year Low
Malta Q2 Manufacturing Sales Decrease

Asian Economic News
S. Korean Industrial Production Rises More Than Expected
Friday, South Korea's National Statistics Office said in a report that the nation's industrial production increased at a faster pace of 9.1% year-on-year in July, compared to 6.8% growth recorded in June. Economists had expected output to increase 7.9%. According to the official report, production rose mainly due to strong exports and sales of consumer goods.
Japanese July Auto Production Surges
S. Korean Bank's Lending Rates Rise In July
Japan Household Spending -0.5% on Year in July
Japan's Nomura/JMMA Index 46.9 in August
Australia July Private Sector Credit Up 0.5%

All Economic News
S. Korean Industrial Production Rises More Than Expected
Friday, South Korea's National Statistics Office said in a report that the nation's industrial production increased at a faster pace of 9.1% year-on-year in July, compared to 6.8% growth recorded in June. Economists had expected output to increase 7.9%. According to the official report, production rose mainly due to strong exports and sales of consumer goods.
Japanese July Auto Production Surges
S. Korean Bank's Lending Rates Rise In July
Japan Household Spending -0.5% on Year in July
Japan's Nomura/JMMA Index 46.9 in August
Australia July Private Sector Credit Up 0.5%
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