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UKServicesPMI-050516.jpg The U.K. service sector activity expanded at the slowest pace in more than three years in April largely reflecting economic uncertainty ahead of the referendum on EU membership, survey data from Markit showed Thursday. The Chartered Institute of Procurement & Supply/Markit services Purchasing Managers' Index fell more-than-expected to 52.3 in April from 53.7 in March. A reading above 50 indicates

ChinaPMI-050516.jpg Private sector activity in China expanded for the second straight month in April driven by services, while output broadly stagnated at manufacturers. The Caixin composite output index fell to 50.8 in April from 51.3 in March, survey data published by Markit showed Thursday. A score above 50 indicates expansion but the latest reading signals a slowdown in growth.

trade.jpg Retail sales in Australia advanced a seasonally adjusted 0.4 percent on month in March, the Australian Bureau of Statistics said on Thursday. That beat forecasts for an increase of 0.3 percent following the upwardly revised 0.1 percent gain in February (originally flat). There were rises in food...

EURUSD2-050416.jpg The dollar is up slightly against all of its major rivals Wednesday afternoon. A large amount of U.S. economic data was released this morning and the results were mixed. The disappointing private sector employment report has left investors with some uncertainty ahead of Friday's employment report. Private...

FactoryGoodsOrders-050416.jpg New orders for U.S. manufactured goods increased by much more than expected in the month of March, the Commerce Department revealed in a report on Wednesday. The report said factory orders surged up by 1.1 percent in March after tumbling by 1.9 percent in February.

ISM-Nonmanufacturing-050416.jpg Activity in the U.S. service sector grew at a faster rate in the month of April, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its non-manufacturing index climbed to 55.7 in April.

TradeBalance-050416.jpg Reflecting a steep drop in the value of imports, the Commerce Department released a report on Wednesday showing a notably narrower U.S. trade deficit in the month of March. The report said the trade deficit narrowed to $40.4 billion in March from $47.0 billion in February.

ADPdata-050416.jpg Private sector employment in the U.S. increased by less than expected in the month of April, according to a report released by payroll processor ADP on Wednesday. ADP said the private sector added 156,000 jobs in April following an increase of 194,000 jobs in March.

Ukconstruction-050416.jpg The British construction sector expanded at the weakest pace in almost three years as spending decisions were delayed by clients on "Brexit" fears, survey data from Markit Economics and the Chartered Institute of Procurement & Supply showed Wednesday. The Markit/CIPS construction Purchasing Managers' Index fell to 52.0 in April from 54.2 in the previous month.

EEP06-011515_04May16.jpg Final Purchasing Managers' survey and retail sales from euro area are due on Wednesday, headlining a light day for the European economic news.

NewZealandcpi-071510.jpg The jobless rate in New Zealand jumped to a seasonally adjusted 5.7 percent in the first quarter of 2016, Statistics New Zealand said on Wednesday. That missed forecasts for 5.5 percent, and was up from the upwardly revised 5.4 percent in the preceding three months (originally 5.3 percent). "The...

EURUSD2-050316.jpg The dollar is turning in a mixed performance Tuesday afternoon. The U.S. currency fell to an 8-month low against the Euro in early trade, but has since clawed its way back to nearly unchanged on the session. The buck is rising against the British pound after a pull back in U.K. manufacturing, but is...

AUSBudget-050316.jpg Australian Treasurer Scott Morrison announced an expansionary budget giving thrust to economic growth ahead of the July election. The budget is projected to return to balance by 2021. The government is committed to reducing the deficit by constraining spending while keeping taxes as low as possible, he added.

EuropeanCommission-050316.jpg Eurozone growth and inflation is set to be less than what was expected earlier as high debt levels and insufficient structural reforms on a domestic level and the deteriorating global environment could hurt the economic prospects.

Ukmanufacturing-050316.jpg The U.K. factory activity shrank unexpectedly in April, for the first time in three years, signaling that the manufacturing sector entered the second quarter on a poor footing amid "Brexit" fears. The Chartered Institute of Procurement & Supply Purchasing Managers' Index for the manufacturing sector fell unexpectedly to 49.2 in April from a revised 50.7 in March.

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