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NewZealandcpi-071510.jpg New Zealand posted a merchandise trade deficit of NZ$18 million in February, Statistics New Zealand said on Friday. That missed forecasts for a surplus of NZ$180 million following the upwardly revised NZ$257 million deficit in January (originally -NZ$285 million). Exports were down 5.5 percent...

EUR-USD4-032317.jpg The dollar is turning in a mixed performance against its major rivals Thursday afternoon, but is little changed overall. Investors have been in a cautious mood ahead of a crucial vote in Congress on a healthcare reform bill. The U.S. House of Representatives is expected to vote on the Republican plan...

NewHomeSales-032317.jpg New home sales in the U.S. saw a substantial increase in the month of February, the Commerce Department revealed in a report on Thursday, with sales jumping to their highest level in seven months. The report said new home sales spiked by 6.1 percent to an annual rate of 592,000 in February.

joblessclaims-032317.jpg A report released by the Labor Department on Thursday showed an unexpected increase in first-time claims for U.S. unemployment benefits in the week ended March 18th. The report said initial jobless claims climbed to 258,000.

ECB-032317.jpg Euro area economic recovery is steadily firming and the trend is likely to continue with growth firming and broadening going ahead, the European Central Bank said Thursday.

UK-RetailSales-032317.jpg UK retail sales increased for the first time in four months in February despite high inflation squeezing purchasing power of consumers. The retail sales volume grew 1.4 percent month-on-month in February, reversing a 0.5 percent fall in January, the Office for National Statistics said Thursday.

EEP16-011515_23Mar17.jpg Retail sales from the UK and consumer confidence from Germany are the major economic reports due on Thursday.

NewZealandcpi-071510.jpg The Reserve Bank of New Zealand on Thursday maintained its Official Cash Rate at the record low of 1.75 percent. The decision was in line with expectations following a rate cut in November. Following no move in September, the central bank trimmed its benchmark by 25 basis points in August after holding...

USD-JPY3-032217.jpg The dollar is little changed against its major European rivals Wednesday afternoon, following yesterday's slide. However, the buck is weakening in comparison to the Japanese Yen as geopolitical concerns and uncertainty over the implementation of President Trump's policy agenda has made investors more...

ExistinghomeSales-032217.jpg Existing home sales in the U.S. saw a sharp pullback in the month of February, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales tumbled by 3.7 percent to an annual rate of 5.48 million in February.

boj-122016.jpg Members of the Bank of Japan's monetary policy board stated that the country's economic recovery is continuing at a moderate pace, minutes from the bank's meeting on January 30 and 31 revealed on Wednesday. "Exports had picked up, mainly led by automobile-related exports to advanced economies and...

japanexports-112510.jpg Japan posted a merchandise trade surplus of 813.389 billion yen in February, the Ministry of Finance said on Wednesday. That surpassed expectations for 807.2 billion yen following the downwardly revised 1,087.9 billion yen deficit (originally -1,086.9 billion yen) in January. Exports jumped 11.3...

EUR-USD4-032117.jpg The dollar is losing ground against all of its major rivals Tuesday afternoon. Another light day on the U.S. economic front has investors focused on comments from various Fed officials. Chicago Federal Reserve President Charles Evans reinforced hopes for a less aggressive pace of interest rate hike,...

UK-CPI-032117.jpg UK inflation exceeded the Bank of England's 2 percent target in February for the first time since 2013, on weak pound and rising oil prices. Moreover, factory gate prices rose at the fastest pace since December 2011 signaling much more inflationary pressure in the pipeline.

EEP06-011515_21Mar17.jpg Consumer and producer prices and public sector finance reports from the UK are due on Tuesday, headlining a light day for the European economic news.

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