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EUR-USD2-082416.jpg The dollar is turning in a mixed performance Wednesday afternoon, but is little changed overall. Today was another light day in terms of economic data, but several important reports are due to be released in the next 2 days. Durable goods orders and weekly jobless claims are scheduled for Thursday, while...

ExistingHomeSales-082416.jpg Existing home sales in the U.S. tumbled by much more than anticipated in the month of July, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped 3.2 percent to an annual rate of 5.39 million in July.

Germany-GDP-082416.jpg Germany's economy expanded in the second quarter on the back of foreign trade and spending, providing support to overall euro area expansion, which was weighed down by flat growth in France and Italy ahead of "Brexit" vote.Gross domestic product climbed 0.4 percent quarter-on-quarter, in line with the preliminary estimate, but slower than the 0.7 percent expansion seen in the March quarter.

EEP07-011515_24Aug16.jpg Revised quarterly national accounts from Germany is due on Wednesday, headlining a light day for the European economic news.

trade.jpg The total value of construction work done in Australia was down a seasonally adjusted 3.7 percent on quarter in the second quarter of 2016, the Australian Bureau of Statistics said on Wednesday - standing at A$47.419 billion. That missed forecasts for a decline of 2.0 percent following the 2.6 percent...

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade deficit of NZ$433 million in July, Statistics New Zealand said on Wednesday - or 11 percent of exports. The headline figure missed forecasts for a shortfall of NZ$325 million following the downwardly revised surplus of NZ$110 million in June (originally NZ$127...

EUR-USD2-082316.jpg The dollar is trading slightly lower against all of its major rivals Tuesday afternoon. There has been little U.S. economic data to drive the direction of trading, while private sector data from the Eurozone was positive. Investors remain in a cautious mood after the hawkish comments from some Fed...

Newhomesales-082316.jpg New home sales in the U.S. unexpectedly saw a substantial increase in the month of July, according to a report released by the Commerce Department on Tuesday. The report said new home sales jumped 12.4 percent to an annual rate of 654,000 in July from the revised June rate of 582,000.

EU-082316.jpg Eurozone private sector expanded at the fastest pace in seven months in August, mirroring no major signs of "Brexit" impact in the region. The composite output index rose unexpectedly to 53.3 in August from 53.2 in July, flash results from Markit's Purchasing Managers' survey showed Tuesday.

EEP22-011515_23Aug16.jpg Flash Purchasing Managers' survey data from euro area is due on Tuesday, headlining a light day for the European economic news.

The dollar gave back early gains versus European majors Monday amid uncertainty about the outlook for U.S. interest rates. On a day bereft of first-tier economic data, traders were looking ahead to later in the week, particularly the Federal Reserve's annual Jackson Hole symposium. Central bankers...

EURUSD1-081916.jpg The dollar is up against its major rivals Friday afternoon, after some hawkish comments from Fed officials has renewed hopes for a possible interest rate hike in September. Earlier this week the possibility of a hike in September seemed unlikely, following the release of the minutes from the most recent...

Uk-Pound-081916.jpg The U.K. budget surplus decreased in July despite higher corporation tax receipts, suggesting that the "Brexit" vote is likely to reduce the pace of improvement in public finances going forward. The public sector net borrowing, excluding public sector banks, was a surplus GBP 1 billion in July, data from the Office for National Statistics showed Friday.

EEP4-091614_19Aug16.jpg Public sector finance from the U.K. is the major data due on Friday, headlining a light day for the European economic news.

EURUSD1-081816.jpg The dollar is falling further against the Euro and the British pound Thursday afternoon, but is nearly flat in comparison to the Japanese Yen. The buck is weakening after two major central banks have shown a reluctance to act over the past 2 days. Investors are encouraged by the prospects of continued...

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