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Economy And The Numbers

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The Reserve Bank of Australia maintained its key interest rate at a record low on Tuesday as widely expected by economists. The policy board governed by Glenn Stevens decided to leave the cash rate at 2.00 percent. The bank lowered the rates by 25 basis points each in February and May. The board...

House prices in New Zealand increased at the fastest pace in seven years in July, figures from Quotable Value, QV, showed Tuesday. The QV Residential Price Movement index grew 10.1 percent year-over-year in July, marking the fastest annual rate since 2007. After adjusting for inflation, nationwide...

Total labor cash earnings in Japan dropped for the first time in seven months in June, a preliminary report from the Ministry of Health, Labor and Welfare showed Tuesday. Total earnings fell 2.4 percent year-over-year to JPY 425,727 in June. The labor cash earnings growth for May was revised to 0.7...

New Zealand's commodity prices fell for the fourth successive month in July to the lowest since October 2009 and the largest monthly drop ever in the series, the results of survey by ANZ showed Tuesday. The ANZ commodity price index dropped 11.2 percent month-over-month in July, following a 3.1 percent...

trade.jpg Australia posted a seasonally adjusted merchandise trade deficit of A$2.933 billion in June, the Australian Bureau of Statistics said on Tuesday - expanding 10 percent on month. That topped expectations for a shortfall of A$3.00 billion following the upwardly revised A$2.677 billion deficit in May...

The total value of retail sales in Australia was up a seasonally adjusted 0.7 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at A$24.346 billion. That beat forecasts for an increase of 0.4 percent, and also climbed from 0.3 percent in May. For the second...

Australia had a seasonally adjusted merchandise trade deficit of A$2.933 billion in June, the Australian Bureau of Statistics said on Tuesday. That topped expectations for a shortfall of A$3.00 billion following the upwardly revised A$2.677 billion deficit in May (originally -A$2.751). Exports...

The monetary base in Japan jumped 32.8 percent on year in July, the Bank of Japan said on Tuesday, coming in at 325.737 trillion yen. That follows the 34.2 percent spike in June. Banknotes in circulation added an annual 5.0 percent, while coins in circulation gained 0.6 percent. Current account...

Consumer prices in South Korea were up 0.7 percent on year in July, Statistics Korea said on Tuesday, as price growth remained below 1.0 percent for the eighth straight month and continues to fuel concerns of deflation. That was unchanged from the June reading and in line with expectations. On...

The Reserve Bank of Australia will on Tuesday wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day in Asia-Pacific economic activity. The RBA is widely expected to keep rates on hold at 2.00 percent. Australia also will see June numbers...

ISMpmi-080315.jpg Activity in the U.S. manufacturing sector unexpectedly grew at a slower rate in the month of July, the Institute for Supply Management revealed in a report on Monday. The ISM said its purchasing managers index dipped to 52.7 in July from 53.5 in June.

ConstructionSpending-080315.jpg Construction spending in the U.S. increased by much less than expected in the month of June, according to a report released by the Commerce Department on Monday. The report said construction spending inched up by 0.1 percent to an annual rate of $1.065 trillion in June.

personalincome-080315.jpg Personal income in the U.S. increased by slightly more than expected in the month of June, according to a report released by the Commerce Department on Monday. The report said personal income rose by 0.4 percent in June, matching the increases seen in each of the two previous months.

Personal income in the U.S. increased by slightly more than expected in the month of June, according to a report released by the Commerce Department on Monday.

ukmanufacture-080315.jpg The U.K. manufacturing sector growth improved in July but new order growth eased to a 10-month low, casting concerns over the sustainability of future momentum. The Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index rose to 51.9 in July from a 26-month low of 51.4 in June, data from Markit revealed Monday. It was forecast to rise marginally to 51.5.

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