U.K. house prices dropped in June from May taking the annual growth to the lowest in two years, data from the Nationwide Building Society revealed Thursday. The annual increase in house prices moderated to a two-year low of 3.3 percent in June from 4.6 percent a month ago. Economists had forecast a 4.5 percent rise for June.
Producer prices from Eurozone and Purchasing Managers' survey for the U.K. construction sector are due on Thursday, headlining a light day for the European economic news.
Australia posted a seasonally adjusted merchandise trade deficit of A$2.751 billion in May, the Australian Bureau of Statistics said on Thursday.
That missed forecasts for a shortfall of A$2.225 billion following the downwardly revised A$4.136 billion deficit in April (originally a deficit of A$3.888...
South Korea posted a current account surplus of $8.65 billion in May, the Bank of Korea said on Thursday - up from $8.14 billion in April.
The goods account surplus narrowed to $9.19 billion, from $12.56 billion in April.
The services account deficit narrowed to $0.4 billion, compared to $1.13...
The dollar is gaining ground against all of its major competitors Wednesday, after private sector employment rose more than anticipated in June. Investors are eagerly anticipating the release of the U.S. jobs report for June, which will be released tomorrow due to the observed Fourth of July holiday...
Confusion refuses to die down in Europe even after crucial deadlines were missed and hapless Greeks stare into an uncertain future for their country, while other Europeans try to preserve the sanctity of the union and the euro.
After reporting a sharp increase in U.S. construction spending in the previous month, the Commerce Department released a report on Wednesday showing that construction spending saw further upside in the month of May.
Indicating a modest acceleration in the pace of growth in the U.S. manufacturing sector, the Institute for Supply Management released a report on Wednesday showing that its manufacturing index rose by slightly more than expected in June.
Private sector employment in the U.S. increased by more than expected in the month of June, according to a report released by payroll processor ADP on Wednesday. ADP said employment in the private sector jumped by 237,000 jobs in June.
British manufacturing sector expanded at the slowest pace in more than two years in June as production and new orders logged slower growth, survey results from Markit Economics showed Wednesday.
Purchasing Managers' survey data from the U.K. and euro area are due on Wednesday, headlining a light day for the European economic news.
The manufacturing sector in South Korea continued to contract in June, and at a faster rate, the latest Nikkei South Korea Manufacturing PMI showed on Wednesday, with a score of 46.1.
That was down sharply from 47.8 in May, and it also represented a 33-month low reading.
The index also moved further...
The manufacturing sector in Japan continued barely to expand in June, the latest Nikkei Manufacturing PMI showed on Wednesday, with a score of 50.1.
That was up from last month's preliminary reading of 49.9, although it was down significantly from 50.9 in May.
The index also remained just barely...
China's manufacturing sector contracted at a slightly slower pace in June, HSBC said in Wednesday's revised manufacturing PMI with a score of 49.4.
That was a downward revision from last month's preliminary reading of 49.6 - but it's up from the 49.2 reading in May.
It also remains beneath the...
An index measuring business sentiment in Japan picked up steam in the second quarter of 2015, the Bank of Japan revealed on Wednesday in its quarterly Tankan business survey.
The large manufacturers' index came in with a score of 15, beating forecasts for 12, which would have been unchanged from the...