Suggesting moderate growth in the short-term, the Conference Board released a report on Thursday showing that its index of leading U.S. economic indicators rose by more than economists had anticipated in the month of September.
After reporting first-time claims for U.S. unemployment benefits at a fourteen-year low in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims rebounded in the week ended October 18th.
U.K. retail sales declined more-than-expected in September, driven by a sharp contraction in clothing sales. Retail sales fell 0.3 percent in September from a month ago, when it rose 0.4 percent, the Office for National Statistics said Thursday. This was the first drop in four months. Economists had forecast a 0.1 percent drop for September. Food sales recovered in September.
The private sector in the eurozone logged a marginal upturn in October helped by an improvement in Germany, while France moved deeper into contraction, flash data from Markit Economics revealed Thursday. The headline flash Markit composite output index rose to 52.2 in October from a 10-month low of 52 in September. The score was forecast to fall to 51.5.
Flash Purchasing Managers' survey data from Eurozone and retail sales from the U.K. are due on Thursday, headlining a busy day for the European economic news.
China's manufacturing sector continued to expand at a slightly accelerated pace in October, the latest survey from HSBC Bank revealed in Thursday's preliminary reading with a PMI score of 50.4.
Now at a three-month high, the October score is up marginally from 50.2 in September.
A score above 50...
Japan's manufacturing sector continued to expand at an accelerated pace in October, the latest survey from Markit Economics revealed in Thursday's preliminary reading with a PMI score of 52.8.
That follows the reading of 51.7 in September.
A score above 50 signals expansion in a sector, while a...
Consumer prices in New Zealand advanced 0.3 percent on quarter in the third quarter of 2014, Statistics New Zealand said on Thursday.
That was below expectations for an increase of 0.5 percent, although it did mark the third straight quarter at 0.3 percent growth.
"Higher housing-related prices...
The dollar rose sharply versus the euro Wednesday amid signs of further strain in Europe's already fragile banking sector.
A report from Spanish newswire EFE said as many as 11 banks from six different countries are about to fail the European Central Bank's comprehensive stress tests.
The U.S. dollar extended its early rally against most major counterparts on Wednesday, after consumer price inflation in the U.S. unexpectedly showed a modest increase in September, as the continued decline in energy prices were offset by higher prices for food and shelter.
The Labor Department report...
Consumer prices in the U.S. unexpectedly showed a modest increase in the month of September, according to a report released by the Labor Department on Wednesday, with higher prices for food and shelter offsetting a continued decline in energy prices.
Bank of England policymakers decided to leave its key rate at a historic low of 0.50 percent in a split vote for the third straight time at the meeting held early this month as a majority of members noticed increased risks from slowing global economy, especially in euro area. Ian McCafferty and Martin Weale sought a quarter point hike in the bank rate, to 0.75 percent.
Consumer prices in Australia advanced 2.3 percent on year in the third quarter of 2014, the Australian Bureau of Statistics said on Wednesday.
That was in line with expectations and down from 3.0 percent in the second quarter.
Among the individual components of the survey, prices for alcohol and...
Japan posted a merchandise trade deficit of 958.3 billion yen in September, the Ministry of Finance said on Wednesday - remaining in the red for the 27th consecutive month.
The headline figure missed forecasts for a shortfall of 780.0 billion yen following the 949.7 billion yen deficit in August.
The dollar was generally stronger Tuesday, pushing higher versus major European rivals on hopes the U.S. economy can withstand global headwinds.
Upbeat corporate earnings and resiliency in the U.S. jobs market has renewed expectations the Federal Reserve will hike interest rates next spring, even...