The services sector in China continued to expand in June, but at a slower pace, the latest PMI from HSBC Bank showed on Friday, with a PMI score of 51.8.
That's down from 53.5 in May, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
The services sector in Japan continued to expand in June, and at a faster rate, the latest Nikkei Services PMI showed on Friday, with an eight-month high score of 51.8.
That's up from 51.5 in May, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
The total value of retail sales in Australia gained a seasonally adjusted 0.3 percent on month in May, the Australian Bureau of Statistics said on Friday - coming in at A$24.154 billion.
That was shy of forecasts for an increase of 0.5 percent following the downwardly revised 0.1 percent decline in...
The dollar is down slightly against all of its major competitors Thursday, following the mixed results of the June employment report. Employment increased by less than expected for the month, but the unemployment rate dropped to the lowest level in 7 years.
A closely watched Labor Department report...
New orders for U.S. manufactured goods fell by much more than expected in the month of May, according to a report released by the Commerce Department on Thursday. The report said factory orders fell by 1.0 percent in May following a revised 0.7 percent decrease in April.
While the data was largely overshadowed by the release of the monthly jobs report, the Labor Department also released a report on Thursday showing an unexpected increase in initial jobless claims in the week ended June 27th.
A closely watched Labor Department report released Thursday morning showed weaker than expected U.S. job growth in the month of June, although the unemployment rate still fell to a seven-year low.
Sweden's central bank unexpectedly cuts its key repo rate and expanded its asset purchase programme to contain the appreciation of krona amid increased uncertainty over Greece crisis. The Executive Board of the Riksbank lowered its key rate to -0.35 percent from -0.25 percent. The bank also extended its government bond purchase programme by a further SEK 45 billion with effect from September and
U.K. house prices dropped in June from May taking the annual growth to the lowest in two years, data from the Nationwide Building Society revealed Thursday. The annual increase in house prices moderated to a two-year low of 3.3 percent in June from 4.6 percent a month ago. Economists had forecast a 4.5 percent rise for June.
Producer prices from Eurozone and Purchasing Managers' survey for the U.K. construction sector are due on Thursday, headlining a light day for the European economic news.
Australia posted a seasonally adjusted merchandise trade deficit of A$2.751 billion in May, the Australian Bureau of Statistics said on Thursday.
That missed forecasts for a shortfall of A$2.225 billion following the downwardly revised A$4.136 billion deficit in April (originally a deficit of A$3.888...
South Korea posted a current account surplus of $8.65 billion in May, the Bank of Korea said on Thursday - up from $8.14 billion in April.
The goods account surplus narrowed to $9.19 billion, from $12.56 billion in April.
The services account deficit narrowed to $0.4 billion, compared to $1.13...
The dollar is gaining ground against all of its major competitors Wednesday, after private sector employment rose more than anticipated in June. Investors are eagerly anticipating the release of the U.S. jobs report for June, which will be released tomorrow due to the observed Fourth of July holiday...
Confusion refuses to die down in Europe even after crucial deadlines were missed and hapless Greeks stare into an uncertain future for their country, while other Europeans try to preserve the sanctity of the union and the euro.
After reporting a sharp increase in U.S. construction spending in the previous month, the Commerce Department released a report on Wednesday showing that construction spending saw further upside in the month of May.