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ECB-Draghi-092517.jpg Euro area economic recovery is now firm and broad-based, and the latest data suggest that the momentum is set to continue in the period ahead and policymakers are more confident that inflation will converge at the target eventually, European Central Bank President Mario Draghi said Monday.

Germanbusinessentiments-092517.jpg German business sentiment dropped for the second straight month in September as companies were less satisfied with their current business situation and their short-term outlook, survey data from the Ifo Institute showed Monday. The business confidence index fell to 115.2 in September, while it was expected to remain unchanged at 115.9 seen in August.

EEP18-011515_25Sep17.jpg Business sentiment from Germany is due on Monday, headlining a light day for the European economic news.

EUR-USD3-092317.jpg The dollar is turning in a mixed performance against its major rivals Friday afternoon, but is little changed overall. Investors have been reluctant to make any major moves going into the weekend, as tensions between the United States and North Korea have worsened again. The leaders of both nations...

Euro-PMI-092217.jpg Eurozone's private sector expanded at the fastest pace in four months in September signaling that the economy ended the third quarter on a strong note. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August, flash data from IHS Markit showed Friday. The expected score was 55.6.

EEP07-011515_22Sep17.jpg Flash Purchasing Managers' survey data from euro area is due on Friday, headlining a light day for the European economic news.

EUR-USD4-092117.jpg The dollar is down against all of its major rivals Thursday afternoon, easing back from the sharp gains of the previous session. The buck surged yesterday afternoon following the release of the Federal Reserve's policy statement. The Fed left interest rates unchanged yesterday, but signaled that...

LeadingIndicatorIndex-092117.jpg Reflecting large positive contributions from building permits, the yield spread, and consumer expectations, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators.

PhiladelphiaFed-092117.jpg A report released by the Federal Reserve Bank of Philadelphia on Thursday showed an unexpected improvement in regional manufacturing conditions in the month of September. The Philly Fed said its index for current manufacturing activity rose to 23.8 in September from 18.9 in August.

Joblessclaims-US-092117.jpg First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 16th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 259,000, a decrease of 23,000 from the previous week's revised level of 282,000.

UKflag-Pound-092117.jpg The UK budget deficit decreased to its lowest August level since 2007 on higher sales tax, official data revealed Thursday. Public sector net borrowing excluding interventions decreased by GBP 1.3 billion from the previous year to GBP 5.7 billion in August, the Office for National Statistics reported.

China-Rating-092117.jpg S&P Global Ratings downgraded China's sovereign ratings citing higher economic and financial risks after a prolonged period of strong credit growth. The sovereign rating was lowered to A+ from AA-, S&P said in a statement on Thursday. The outlook on the long-term rating was stable.

BOJ-092117.jpg The Bank of Japan maintained its monetary stimulus but a new member voted against the decision, as he demanded more easing, on Thursday. The BoJ policy board, led by Governor Haruhiko Kuroda, voted 8-1 to hold the central bank's target of raising the amount of outstanding Japan government bond holdings at an annual pace of about JPY 80 trillion.

EEP16-011515_21Sep17.jpg Public sector finance from the UK is due on Thursday, headlining a light day for the European economic news.

NewZealandcpi-071510.jpg New Zealand's gross domestic product expanded 0.8 percent on quarter in the second three months of 2017, Statistics New Zealand said on Thursday. That was in line with expectations following the upwardly revised 0.6 percent increase in the three months prior (originally 0.5 percent). Retail trade...

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