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trade.jpg The total value of construction work completed in Australia slipped a seasonally adjusted 0.7 percent on quarter in the first three months of 2017, the Australian Bureau of Statistics said on Wednesday - coming in at A$46.416 billion. That missed forecasts for a decline of 0.5 percent following the...

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade surplus of NZ$578 million in April, Statistics New Zealand said on Wednesday - representing 12 percent of exports. The headline figure beat forecasts for a surplus of NZ$267 million following the NZ$332 million surplus in March. "In April we had the largest...

eurusd2-052417.jpg The dollar is trading modestly higher against all its major rivals Tuesday afternoon. However, investors remain in a cautious mood following the terror attack in Manchester, England yesterday and the further developments that have come to light regarding the Trump administration. The latest controversy...

newhomesls-052317.jpg After reporting an unexpected jump in U.S. new home sales in the previous month, the Commerce Department released a report on Tuesday showing a substantial pullback in new home sales in the month of April. The Commerce Department said new home sales plunged by 11.4 percent to an annual rate of 569,000.

Germany-IFO-052317.jpg A record high business sentiment, a one-year high economic growth and a six-year high growth in the private sector signal strong positive momentum of the German economy, the biggest in the euro area. As companies were upbeat about their future amid the improving current situation, the business sentiment index strengthened to a record high 114.6 from a revised 113.0 in April.

Greece-EU-052317.jpg Eurozone finance ministers hope to reach a deal on Greece's debt relief and release another tranche of bailout funds to the country in their June meeting, as they failed to reach an agreement on the matter with the International Monetary Fund on Monday. The next Eurogroup meeting is scheduled to be held on June 15 in Luxembourg.

EEP21-011515_23May17.jpg Business sentiment and detailed quarterly national accounts from Germany are due on Tuesday, headlining a busy day for the European economic news.

eur-usd3-052217.jpg The dollar is turning in a mixed performance against its major rivals Monday afternoon, but is little changed overall. The lack of U.S. economic data is keeping some investors on the sidelines at the start of the new trading week. The early portion of the week will remain on the light side in terms...

japanexports-112510.jpg Japan posted a merchandise trade surplus of 481.7 billion yen in April, the Ministry of Finance said on Monday. That was shy of expectations for 520.7 billion yen, and it was down from the downwardly revised 614.0 billion yen in March (originally 614.7 billion). The April figure was down 40.6 percent...

eurusd2-051917.jpg The dollar is weakening against all of its major rivals Friday afternoon. Investor sentiment continued to be impacted by the political uncertainty generated by a series of scandals that have plagued the Trump administration this week. The lack of U.S. economic data at the end of the week also kept some...

SP-Global-051917.jpg Standard & Poor's on Friday lifted the sovereign ratings of Indonesia to investment grade citing authorities' effective expenditure and revenue measures to stabilize the public finances. The country's sovereign ratings were raised to 'BBB-' from 'BB+', with stable outlook. The agency said the ratings reflect the assessment of reduced risks to Indonesia's fiscal metrics.

Greece-EU-051917.jpg Greece's lawmakers approved a reforms package on Thursday that includes pension cuts and tax hikes as demanded by the country's lenders in return for unlocking another tranche of bailout funds and to start discussions over debt relief. The parliament nod came ahead of the Eurogroup meeting on May 22 when euro area finance ministers would consider disbursement of the bailout funds.

EEP13-011515_19May17.jpg Current account data from euro area is due on Friday, headlining a light day for the European economic news.

eurusd1-051817.jpg The dollar is rising against all of its major rivals Thursday afternoon, following yesterday's pullback. While investors remain concerned over the political uncertainty that has been sparked by the reports that President Trump may have meddled with the FBI investigation into Russian ties with Washington,...

leadingindex-051817.jpg A report released by the Conference Board on Thursday showed that its index of leading U.S. economic indicators rose in line with economist estimates in the month of April. The Conference Board said its leading economic index rose by 0.3 percent in April, matching the downwardly revised increase in March.

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