Reflecting a jump in demand for transportation equipment, the Commerce Department released a report on Wednesday showing that new orders for U.S. manufactured durable goods increased by much more than expected in the month of October.
Mortgage approvals from the U.K. and consumer confidence from France are due on Wednesday, headlining a light day for the European economic news.
The total value of construction work done in Australia slipped a seasonally adjusted 3.6 percent on quarter in the third quarter of 2015, the Australian Bureau of Statistics said on Wednesday - standing at A$49.040 billion.
That missed forecasts for a decline of 2.0 percent following the 1.6 percent...
Members of the Bank of Japan's monetary policy board believe that the country's economic recovery is continuing at a moderate pace, minutes from the central bank's October 30 meeting showed on Wednesday.
The bank noted that exports were basically flat, held back by the slowdown in China.
The dollar is losing ground against the Euro and the Japanese Yen Tuesday afternoon, but is holding onto gains against the British pound. The stronger than expected German business confidence data is a source of strength for the Euro Tuesday, while dovish comments from the Bank of England are driving...
Consumer confidence in the U.S. has unexpectedly seen a substantial deterioration in the month of November, the Conference Board revealed in a report on Tuesday. The Conference Board said its consumer confidence index tumbled to 90.4 in November from an upwardly revised 99.1 in October.
Home prices in major U.S. metropolitan areas rose by more than expected in the month of September, according to a report released by Standard & Poor's on Tuesday.
Economic activity in the U.S. increased by more than previously estimated in the third quarter, according to a report released by the Commerce Department on Tuesday. The report said real gross domestic product climbed by 2.1 percent in the third quarter.
German business confidence unexpectedly rose in November to its highest level since the middle of last year, offering more evidence that the biggest euro area economy continues to remain unscathed by events such as the Volkswagen pollution cheating scandal and the Paris terrorist attacks. The Ifo business confidence index rose to 109 from 108.2 in October, marking its best reading since June 2014.
U.K. interest rates are likely to remain low for some time, Bank of England Governor Mark Carney said at the Treasury Committee hearing on Tuesday.
"One of the concerns in a low prolonged interest rate environment, which we clearly are in, and are likely to remain for some time, even with limited and gradual rate increases - it still will be a relatively low interest rate environment," Carney sai
Business confidence and final GDP figures from Germany are due on Tuesday, headlining a light day for the European economic news.
The dollar is trading slightly higher against all of its major rivals Monday afternoon. Global economic data has been light at the start of the new trading week. U.S. existing home sales came in slightly weaker than anticipated, while Eurozone private sector data showed continued improvement.
After reporting a sharp jump in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Monday showing that existing home sales pulled back by a little more than expected in October.
Euro area private sector expanded at the fastest pace in four-and-a-half years in November, underpinned by continued improvement in services. Germany grew at the fastest pace in three months, while France experienced a slowdown in growth. The composite output index rose to a 54-month high of 54.4 in November from 53.9 in October, flash survey data from Markit showed Monday. The reading was also
Flash Purchasing Managers' survey from euro area is due on Monday, headlining a light day for the European economic news.