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EUR-USD4-111717.jpg The dollar is down against all of its major rivals Friday afternoon, due to reports that Special Counsel Robert Mueller issued subpoenas to over a dozen top Trump campaign officials in mid-October, calling for documents and emails related to Russia. It was a light day on the U.S. economic front, but...

HousingStarts-111717.jpg New residential construction in the U.S. jumped by much more than expected in the month of October, according to a report released by the Commerce Department on Friday. The report said housing starts spiked by 13.7 percent to an annual rate of 1.290 million in October from a revised 1.135 million...

Draghi-ECB-111717.jpg Eurozone's robust economic recovery is still supported by the massive monetary stimulus that would help inflation to return to target, European Central Bank President Mario Draghi said Friday.

Moodys-India-111717.jpg Moody's Investors Service on Friday raised the sovereign ratings of India for the first time since 2004, citing economic and institutional reforms. The sovereign rating was lifted to Baa2 from Baa3 and the rating outlook was changed to 'stable' from 'positive'. The upgrade has placed India's rating at par with those of Italy and the Philippines.

Malaysia-GDP-Q3-111717.jpg Malaysia's economy expanded at the fastest pace in more than three years in the third quarter on private spending and foreign demand. Gross domestic product rose 6.2 percent year-on-year, faster than the 5.8 percent increase seen in the second quarter, data from the Department of Statistics showed Friday.

NewZealandcpi-071510.jpg The output producer price index in New Zealand advanced 1.0 percent on quarter in the third quarter of 2017, Statistics New Zealand said on Friday. That followed the 1.3 percent increase in the previous three months. The input producer price index also advanced 1.0 percent on quarter, slowing from...

EUR-USD3-111617.jpg The dollar is turning in a mixed performance against its major rival Thursday afternoon. The buck is up slightly against the Euro and the Japanese Yen, but is down against the British pound. Investors were confronted by a high volume of U.S. economic data this morning, the results of which proved mixed. First-time...

NAHB-Housing-110617.jpg Homebuilder confidence in the U.S. unexpectedly improved in the month of November, according to a report released by the National Association of Home Builders on Thursday. The report said the NAHB/Wells Fargo Housing Market Index rose to 70 in November from 68 in October. Economists had expected the...

IndustrialProduction-US-111617.jpg Industrial production in the U.S. increased by more than anticipated in the month of October, the Federal Reserve revealed in a report released on Thursday. The report said industrial production climbed by 0.9 percent in October after rising by an upwardly revised 0.4 percent in September. Economists...

PhiladelphiafedIndex-111617.jpg Growth in Philadelphia-area manufacturing activity slowed by more than expected in the month of November, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current manufacturing activity in the region dropped to 22.7...

ImportExport-US-111617.jpg A report released by the Labor Department on Thursday showed U.S. import prices rose by less than expected in the month of October. The Labor Department said import prices rose by 0.2 percent in October after climbing by 0.8 percent in September. Economists had expected import prices to increase by...

Joblessclaims-US-111617.jpg First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended November 11th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 249,000, an increase of 10,000 from the previous week's unrevised level of 239,000....

Retailsales-UK-111617.jpg UK retail sales grew only moderately in October on weak food and clothing demand, the Office for National Statistics reported Thursday. Retail sales increased 0.3 percent in October from September, but slightly faster than the expected 0.2 percent and reversed the 0.7 percent drop seen in September.

Carney-BoE-111617.jpg The Bank of England stands ready to support the UK economy during the Brexit transition period irrespective of whether the government strikes a deal with the European Union, the bank's chief Mark Carney said Thursday. "We will do whatever we can to support the economy during the transition... - whether...

Philippines-GDP-111617.jpg The Philippine economy expanded at a faster pace on government spending and foreign demand in the third quarter. Gross domestic product grew 6.9 percent year-on-year, following a revised 6.7 percent expansion seen a quarter ago, the Philippine Statistics Authority said. In the same period of 2016, GDP advanced 7.1 percent.

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