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eurusd1-022317.jpg The dollar weakened further against its major rivals Thursday, following the release of the minutes of the most recent Federal Reserve meeting Wednesday afternoon. Fed members said they want the central bank to go slow on raising rates, given uncertainties about the new Trump administration's fiscal...

joblessclaims-022317.jpg First-time claims for U.S. unemployment benefits saw a modest increase in the week ended February 18th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 244,000, an increase of 6,000 from the previous week's revised level of 238,000.

GermanGDP-QoQ-022317.jpg Germany's economic growth accelerated, as initially estimated in the fourth quarter on robust domestic demand. However, a consumer confidence survey signaled a slowdown in spending this year as rising inflation and changes in the U.S. administration weigh on income and economic expectations. Gross domestic product grew 0.4 percent sequentially in the fourth quarter.

EEP19-011515_23Feb17.jpg Revised quarterly national accounts and consumer sentiment from Germany are due on Thursday, headlining a light day for the European economic news.

Bank-of-Korea-040915.jpg The Bank of Korea's monetary policy board on Thursday voted to hold the nation's benchmark interest rate unchanged at the record low 1.25 percent for the eighth straight month. That followed June's surprise rate cut by 25 basis points from 1.50 percent after 10 straight meetings without a move. "The...

eurusd1-022217.jpg The dollar has begun to pull back following the release of the minutes from the most recent meeting of the Federal Reserve. The buck is turning in a mixed performance against its major rivals, holding onto gains against the British pound, but losing ground against both the Euro and the Yen. Many policy...

eistinghmesales-022217.jpg After reporting a drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Wednesday showing that existing home sales rebounded by more than expected in the month of January. NAR said existing home sales surged up by 3.3 percent to an annual rate of 5.69 million.

GermanBusiness-022217.jpg German business confidence unexpectedly improved in February on an upbeat assessment of the current economic situation and greater optimism for the future, adding to evidence that suggests growth is gaining momentum in the biggest euro area economy.

UK-GDP-022217.jpg The UK economy expanded more than initially estimated in the fourth quarter of 2016 on manufacturing activity, but the overall growth for the year slowed down due to weak stock-building. Gross domestic product advanced 0.7 percent sequentially in the fourth quarter, slightly faster than the 0.6 percent growth estimated on January 26.

PaulChan-HK-022217.jpg Hong Kong's economic growth is forecast to improve this year, driven by domestic demand and sustained increase in infrastructure and construction activities, Financial Secretary Paul Chan said in his 2017-18 budget speech on Wednesday. The economy is projected to grow 2-3 percent this year compared to a moderate growth of 1.9 percent in 2016.

EEP15-011515_22Feb17.jpg Ifo business confidence survey from Germany and quarterly national accounts from the UK are the major reports due on Wednesday.

trade.jpg The total value of construction work done in Australia fell a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Wednesday - standing at A$46.263 billion. That missed forecasts for an increase of 0.5 percent following the upwardly...

eurusd1-022217.jpg The dollar is holding onto slight gains against all of its major competitors at the start of this holiday shortened trading week. Economic data was sparse this morning, but investors can look forward to the release of the existing home sales report tomorrow morning, as well as the release of the FOMC...

EurozonePMI-022117.jpg Eurozone private sector activity gained momentum in February, amid strong job creation, robust order books and business optimism, leading to the fastest expansion in nearly six years.

BOE-Carney-022117.jpg The Bank of England will not hesitate to change policy if deemed appropriate, Governor Mark Carney said at a parliamentary committee hearing on Tuesday. The BoE Chief defended the bank's estimate on unemployment when Andrew Tyrie, the chairman of Parliament's Treasury Committee, questioned the bank's estimate of spare capacity.

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