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ExistingHomeSales-102017.jpg After reporting U.S. existing home sales at their lowest level in a year in the previous month, the National Association of Realtors released a report on Friday showing an unexpected rebound in existing home sales in the month of September. NAR said existing home sales climbed by 0.7 percent.

Ukflag-Pound-102017.jpg The UK budget posted the smallest budget deficit in a decade for the month of September, suggesting that the borrowing is on the course to undershoot the full-year target. Public sector net borrowing, excluding banks, decreased by GBP 0.7 billion from the previous year to GBP 5.9 billion in September, the Office for National Statistics said Friday.

EEP06-011515_20Oct17.jpg Public sector finance from the UK and current account from euro area are due on Friday, headlining a light day for the European economic news.

EUR-USD5-102017.jpg The dollar is turning in a mixed performance Thursday afternoon. The buck is rising against the British pound after a drop in UK retail sales, but is losing ground against both the Euro and the Japanese Yen. U.S. economic data was largely positive this morning. Weekly jobless claims fell by more than...

Leadingindicator-101917.jpg For the first time in the last twelve months, the Conference Board released a report on Thursday showing an unexpected drop by its index of leading U.S. economic indicators in the month of September. The Conference Board said its leading economic index dipped by 0.2 percent.

Philadelphiafed-101917.jpg Philadelphia-area manufacturing activity unexpectedly grew at a faster rate in the month of October, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current manufacturing activity in the region climbed to 27.9 in October.

Joblessclaims-US-101917.jpg A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than anticipated in the week ended October 14th, with claims sliding to their lowest level in over forty years. The report said initial jobless claims dropped to 222,000.

Retailsales-UK-101917.jpg UK retail sales declined the most in six months in September as high inflation squeezed household spending amid subdued wage growth. Retail sales including auto fuel dropped 0.8 percent month-on-month in September, reversing a 0.9 percent rise in August, figures from the Office for National Statistics revealed Thursday.

China-GDP-101917.jpg China's economy expanded as expected in the third quarter but the pace of growth slowed marginally largely due to measures taken by the government to contain debt risks. Gross domestic product grew 6.8 percent year-on-year in the third quarter, the National Bureau of Statistics reported Thursday.

Bank-of-Korea-040915.jpg The Bank of Korea's monetary policy board on Thursday voted to keep the nation's benchmark interest rate unchanged at the record low 1.25 percent for the 13th straight month. That followed last June's surprise rate cut by 25 basis points from 1.50 percent after 10 straight meetings without a move. "The...

unemployment-021010.jpg The unemployment rate in Australia was a seasonally adjusted 5.5 percent in September, the Australian Bureau of Statistics said on Thursday. That beat forecasts for 5.6 percent, which would have been unchanged from the August reading. The Australian economy added 19,800 jobs to 12,290,200 in September,...

japanexports-112510.jpg Japan posted a merchandise trade surplus of 670.17 billion yen in September, the Ministry of Finance said on Thursday. That beat forecasts for a surplus of 556.8 billion yen following the downwardly revised 112.6 billion yen surplus in August (originally 113.6 billion yen). Exports climbed 14.1...

EURUSD3-101817.jpg The dollar is turning in a mixed performance against its major rivals Wednesday afternoon, but remains little changed overall. The buck is down against its major European rivals, but is gaining ground against the Japanese Yen. The release of the Federal Reserve's Beige Book this afternoon has had...

Housingstarts-US-101817.jpg With Hurricanes Harvey and Irma disrupting new residential construction in the South, the Commerce Department released a report on Wednesday showing a substantial decrease in housing starts in the month of September. The Commerce Department said housing starts plunged by 4.7 percent.

unemployment-UK-101817.jpg The UK unemployment rate held steady at the lowest level since 1975 and the wage squeeze continued, data from the Office for National Statistics showed Wednesday. The ILO jobless rate came in at 4.3 percent in the three months to August, the lowest since 1975, and in line with expectations. In the same period of 2016, the rate was 5 percent.

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