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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...

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...

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