Greece's creditors agreed early Wednesday to release the next tranche of bailout funds and allowed debt relief after the International Monetary Fund relaxed its tough stance. After the meeting in Brussels on Tuesday, Eurozone finance ministers welcomed the accord reached between Greece and the institutions that paved the way for the disbursement of EUR 10.3 billion bailout fund.
Business and consumer sentiment survey results are due from Germany on Wednesday, headlining a light day for the European economic news.
Singapore's gross domestic product gained a seasonally adjusted, annualized 0.2 percent on quarter in the first quarter of 2016, the Ministry of Trade and Industry said in Wednesday's final revision.
That was up from the flat reading in last month's advance estimate, although it misses expectations...
New Zealand posted a merchandise trade surplus of NZ$292 million in April, Statistics New Zealand said on Wednesday - representing 6.8 percent of exports.
The headline figure topped forecasts for a surplus of NZ$25 million and was up from NZ$117 million in March.
Exports climbed NZ$166 million...
The dollar is losing ground against the British pound after the latest polls showed a surge in support for the U.K. to remain a member of the European Union. Meanwhile, the buck is climbing against both the Euro and the Japanese Yen.
The latest ORB Telegraph poll showed the supporters for remain camp...
After reporting an unexpected decrease in U.S. new home sales in the previous month, the Commerce Department released a report on Tuesday showing a substantial rebound in sales in the month of April. The Commerce Department said new home sales surged up by 16.6 percent to an annual rate of 619,000 in April.
German economic sentiment unexpectedly weakened in May as financial experts found it unlikely that the biggest euro area economy would repeat its stellar first quarter performance as the uncertainty linked to the "Brexit" clouded outlook.
Economic confidence and revised quarterly national accounts from Germany are due on Tuesday, headlining a busy day for the European economic news.
The dollar is trading nearly flat against its major European rivals Monday afternoon, after paring its early gains. Meanwhile, the U.S. currency is losing ground against the Japanese Yen following the release of a slew of Japanese economic data.
There has been no U.S. economic data to drive the direction...
The risks of a de-anchoring of inflation expectations to below 1 percent or close to zero in the euro area have increased and hence, the central bank acted forcefully, ECB Executive Board member Peter Praet said in an interview to newspaper, published Monday.
Eurozone private sector growth weakened to the lowest level in more than a year in May as improvements in Germany and France were offset by softening of activity outside the big-two economies. The flash composite output index fell unexpectedly to a 16-month low of 52.9 from 53 in April, the results of the Purchasing Managers' Survey by Markit Economics revealed Monday.
Flash Purchasing Managers' survey data from euro area is due on Monday, headlining a light day for the European economic news.
Japan posted a merchandise trade surplus of 823.474 billion yen in April, the Ministry of Finance said on Monday.
That topped forecasts for a surplus of 521.4 billion yen following the 754.2 billion yen surplus in March.
Exports were down 10.1 percent on year, missing forecasts for a fall of 9.9...
The dollar is rising against the British pound and the Japanese Yen Friday afternoon, but is down slightly against the Euro. Following the sharp rise in the U.S. currency on Wednesday, action at the end of the week has been relatively subdued. Global economic data was sparse on Friday, but investors...
After reporting a significant rebound in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Friday showing that sales sustained the upward momentum in the month of April. NAR said existing home sales climbed 1.7 percent to an annual rate of 5.45 million in April