India's economy expanded at a slower pace in the three months to December, but remained the fastest growing among major economies, despite the damping effect of the government's shock move of currency demonetization implemented in November. Gross domestic product rose an annual 7 percent in the three months to December following 7.4 percent growth in the September quarter.
Consumer confidence in the U.S. unexpectedly improved in the month of February, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index climbed to 114.8 in February after falling to a revised 111.6 in January.
After reporting an unexpected slowdown in the pace of growth in Chicago-area business activity in the previous month, MNI Indicators released a report on Tuesday showing a much bigger than expected rebound in growth in the month of February.
A report released by Standard & Poor's on Tuesday showed a substantial acceleration in the pace of home price growth in major U.S. metropolitan areas in the month of December. The report said the S&P CoreLogic Case-Shiller 20-City Composite Home Price Index jumped by 5.6 percent year-over-year in December.
Economic growth in the U.S. in the fourth quarter of 2016 was unrevised in the latest report released by the Commerce Department on Tuesday. The report said gross domestic product increased by 1.9 percent in the fourth quarter, unrevised from the previous estimate.
Flash consumer prices, household spending and revised quarterly national accounts figures from France are due on Tuesday, headlining a busy day for the European economic news.
Australia posted a seasonally adjusted current account deficit of A$3.853 billion in the fourth quarter of 2016, the Australian Bureau of Statistics said on Tuesday.
That beat forecasts for a deficit of A$4.0 billion following the A$10.2 billion shortfall in the three months prior.
Industrial output in Japan fell 0.8 percent on month in January, the Ministry of Economy, Trade and Industry said on Tuesday.
That missed forecasts for an increase of 0.4 percent following the 0.7 percent gain in December.
On a yearly basis, industrial production climbed 3.2 percent - also shy...
New Zealand posted a merchandise trade deficit of NZ$285 million in January, Statistics New Zealand said on Tuesday - representing 7.3 percent of exports.
That missed forecasts for a shortfall of NZ$25 million following the NZ$36 million deficit in December.
Exports were up NZ$13 million or 0.3...
The dollar is currently turning in a mixed performance against its major rivals Monday afternoon. The currency was down against its rivals earlier in the session, but has pared its losses in the afternoon.
Traders are eagerly anticipating U.S. President Donald Trump's first address to a joint session...
Pending home sales in the U.S. unexpectedly plunged to their lowest level in a year in the month of January, according to a report released by the National Association of Realtors on Monday. NAR said its pending home sales index tumbled by 2.8 percent to 106.4 in January.
After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing a rebound in durable goods orders in the month of January. The report said durable goods orders surged up by 1.8 percent in January after falling by a revised 0.8 percent in December.
Eurozone economic confidence improved to the highest level in almost six years in February, survey results from the European Commission showed Monday. The economic sentiment index rose marginally to 108.0 in February from 107.9 in January. The reading came in line with expectations and reached its highest level since March 2011, when the score was 108.3.
Economic confidence data from euro area is due on Monday, headlining a light day for the European economic news.
Company operating profits in Australia climbed a seasonally adjusted 20.1 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Monday.
That easily beat forecasts for an increase of 8.0 percent following the 1.0 percent gain in the previous three months.