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EUR-USD3-092017.jpg The dollar has spiked sharply to the upside against all of its major rivals after the Federal Reserve revealed its policy decision. The Federal Reserve on Wednesday maintained its benchmark interest rate at a range of 1% to 1.25%. As expected, the Fed said it will begin shrinking its bloated $4.5...

ExistingHomeSales-092017.jpg With strained supply levels continuing to subdue overall activity, the National Association of Realtors released a report on Wednesday showing an unexpected decrease in existing home sales in the U.S. in the month of August. NAR said existing home sales slumped by 1.7 percent to an annual rate of 5.35 million.

OECD-092017.jpg Global growth momentum has improved and is more broad-based now, yet a self-sustained recovery is far from secured as inflation remains subdued and there exists an unmet need for structural reforms, the Organization for Economic Cooperation and Development said Wednesday.

Retailsales-UK-092017.jpg UK retail sales grew the most in four months in August as consumers spend more despite higher inflation, vindicating a possible stimulus withdrawal in the months ahead. According to data published by the Office for National Statistics, the retail sales volume including auto fuel advanced 1 percent in August from July, the biggest growth in four months.

japanexports-112510.jpg Japan posted a merchandise trade surplus of 113.642 billion yen in August, the Ministry of Finance said on Wednesday. That beat forecasts for a surplus of 104.4 billion yen, although it was down from 418.8 billion yen in July. Exports climbed 18.1 percent on year to 6.278 trillion yen, beating...

NewZealandcpi-071510.jpg New Zealand posted a seasonally adjusted current account deficit of NZ$1.598 billion in the second quarter of 2017, Statistics New Zealand said on Wednesday. That follows the NZ$2.2.85 billion shortfall in the three months prior. On a yearly basis, New Zealand's current account deficit was NZ$7.5...

EUR-USD3-091917.jpg The dollar is losing ground against all of its major rivals Tuesday afternoon. The Federal Reserve began its 2-day policy meeting and will announce its decision Wednesday afternoon. The Fed is widely expected to leave interest rates unchanged when it concludes its policy meeting after the European...

ImportExport-US-091917.jpg A report released by the Labor Department on Tuesday showed increases in U.S. import and export prices in the month of August. The Labor Department said import prices climbed by 0.6 percent in August after edging down by 0.1 percent in July. Economists had expected import prices to rise by 0.4 percent. The...

housingstarts-091917.jpg New residential construction in the U.S. unexpectedly decreased in the month of August, according to a report released by the Commerce Department on Tuesday. The report said housing starts fell by 0.8 percent to an annual rate of 1.180 million in August from a revised 1.190 million in July.

GermanEcoConfidence-091917.jpg Germany's economic confidence strengthened for the first time in four months in September as solid economic growth and increased investment lifted financial market experts' optimism. The ZEW Indicator of Economic Sentiment rose by a more-than-expected seven points to 17.0 in September, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday

EEP12-011515_19Sep17.jpg Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news.

trade.jpg House prices in Australia climbed 1.9 percent on quarter in the second three months of 2017, the Australian Bureau of Statistics said on Tuesday. That beat forecasts for an increase of 1.3 percent but was down from 2.2 percent in the previous three months. The capital city residential property...

RBA-061615.jpg Members of the Reserve Bank of Australia's Monetary Policy Board believe that the country's economic recovery remains below trend, minutes from the bank's September 5 meeting revealed on Tuesday - even as global economic conditions have strengthened. A main factor limiting the local economy was the...

EUR-USD3-091817.jpg The dollar is turning in a mixed performance against its major rivals Monday afternoon. The buck is up against both the Japanese Yen and the British pound, but has down slightly against the Euro. There has been little economic data to drive the direction of trading at the start of the new week. Homebuilder...

NAHB-091817.jpg Reflecting concerns about the recent hurricanes, the National Association of Home Builders released a report on Monday showing a bigger than expected drop in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index dropped to 64 in September...

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