Germany's retail sales rebounded in July to grow at the fastest pace in nine months, signaling that consumer spending boosted economic growth at the start of the third quarter. Retail sales advanced 1.4 percent on a monthly basis in July, Destatis reported Monday. This was the fastest growth since October 2014, when sales climbed 1.8 percent.
Flash inflation from euro area and retail sales from Germany are the major reports due on Monday.
Company gross operating profits declined a seasonally adjusted 1.9 percent on quarter in the second quarter of 2015, the Australian Bureau of Statistics said on Monday.
That beat expectations for a decline of 2.0 percent following the 0.3 percent contraction in the three months prior.
On a yearly...
Industrial output in Japan dipped a seasonally adjusted 0.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Monday.
That missed expectations for an increase of 0.1 percent following the 1.1 percent increase in June.
On a yearly basis, industrial output advanced 0.2...
Industrial production in South Korea was down 0.5 percent on month in July, Statistics Korea said on Monday.
That was shy of expectations for a decline of 0.1 percent following the upwardly revised 2.5 percent jump in June (originally 2.3 percent).
On a yearly basis, industrial production slipped...
The total number of new building permits issued in New Zealand surged a seasonally adjusted 20.4 percent in July, Statistics New Zealand said on Monday - coming in at 2,824.
That follows the 4.1 percent contraction in June.
"This was the highest number of new dwellings consented in a month since...
The dollar is trading modestly higher against all of its major competitors on Friday, extending its gains from the previous three sessions. U.S. economic data was largely weaker than expected at the end of the week. Readings on personal spending and consumer sentiment were both disappointing.
Potentially reflecting the recent sell-off on Wall Street, the University of Michigan released a report on Friday showing a bigger than previously estimated drop in U.S. consumer sentiment in the month of August.
While the Commerce Department released a report on Friday showing that U.S. personal income increased in line with economist estimates in the month of July, the report also showed that personal spending rose by slightly less than expected.
Eurozone economic sentiment improved for a second straight month to set a fresh four-year high in August, led by domestic demand even as morale weakened in the industrial sector due to concerns over a stronger euro and a possible sharp slowdown in China. The economic sentiment index rose to 104.2 from 104 in July.
Switzerland's economy avoided recession in the second quarter on the back of rising spending and investment, data published by the State Secretariat for Economic Affairs showed Friday. Gross domestic product grew unexpectedly by 0.2 percent sequentially in the second quarter, offsetting a 0.2 percent fall in the prior quarter. Economists had forecast a 0.1 percent fall.
Consumer prices from Germany and economic confidence from euro area are due on Friday, headlining a busy day for the European economic news.
Nationwide consumer prices in Japan added 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - matching forecasts and slowing from 0.4 percent in June.
Overall core consumer prices, which exclude the volatile costs of food, were flat on month. That beat...
While the National Association of Realtors released a report on Thursday showing pending home sales in the U.S. rose for the sixth time in seven months in July, the pace of growth fell short of economist estimates.
Economic activity in the U.S. increased by much more than previously estimated in the second quarter of 2015, the Commerce Department revealed in a report on Thursday. The Commerce Department said real gross domestic product increased by 3.7 percent in the second quarter.