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SG-Budget2017-022017.jpg Singapore Finance Minister Heng Swee Keat announced a smaller budget surplus for the financial year ending March 31, 2018 in the annual budget on Monday. The budget position is prudent as expenditure is forecast to continue rising in the long term, he told lawmakers. A budget surplus of S$1.9 billion, or 0.4 percent of GDP, is expected in the fiscal 2017.

Thai-GDP-022017.jpg Thailand's economic growth eased to a one-year low, as expected, in the fourth quarter of 2016, reflecting weak private consumption, figures from the National Economic and Social Development Board revealed Monday. Gross domestic product climbed 3 percent year-on-year, slower than the 3.2 percent expansion seen in the third quarter. This was the slowest growth since the fourth quarter of 2015, wh

japanexports-112510.jpg Japan posted a merchandise trade deficit of 1,086.9 billion yen in January, the Ministry of Finance said on Monday - ballooning the deficit an annual 67.8 percent. The headline figure missed forecasts for a shortfall of 625.9 billion yen following the 640.4 billion yen deficit in December. Exports...

Producer price outputs in New Zealand advanced 1.5 percent on quarter in the fourth quarter of 2016, Statistics New Zealand said on Monday - after the 1.0 percent increase in the third quarter. Producer output prices were mainly influenced by higher prices received by dairy product manufacturers (up...

EUR-USD3-021717.jpg The dollar is up against its major European rivals Friday afternoon, but is down against the Japanese Yen. Some weak European economic data has contributed to the dollar's strength Friday. However, trading activity is relatively subdued heading into the long President's Day holiday weekend. Following...

LeadingIndicatorIndex-021717.jpg Pointing to a positive economic outlook in the first half of the year, the Conference Board released a report on Friday showing a bigger than expected increase by its index of leading U.S. economic indicators in the month of January.

UK-Retailsales-021717.jpg UK retail sales declined unexpectedly at the start of the year as consumers curbed their spending in response to rising inflation. Retail sales including automotive fuel dropped 0.3 percent month-on-month in January, following a 2.1 percent fall in December, data from the Office for National Statistics showed Friday.

EEP4-091614_17Feb17.jpg Retail sales data from the U.K. is due on Friday, headlining a light day for the European economic news.

EUR-USD4-021617.jpg The dollar is losing ground against all of its major rivals Thursday afternoon, despite the release of some more positive economic data. The weakness in the U.S. currency seems to be due to political concerns, as investors continue to await the details of President Trump's tax policy. A report released...

ECB-021617.jpg European Central Bank policymakers broadly agreed to look through the energy-driven recent upturns in headline inflation and sought patience as they judged that the euro area economy required a substantial monetary stimulus to bring price growth to target, minutes of the bank's policy session held on January 18-19 showed Thursday.

PhiladelphiaFed-021617.jpg A reading on Philadelphia-area manufacturing activity unexpectedly showed a substantial acceleration in the pace of growth in the month of February, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The Philly Fed said its index for current manufacturing activity in the region soared to 43.3 in February from 23.6 in January.

housingstarts-021617.jpg New residential construction in the U.S. pulled back in the month of January, according to a report released by the Commerce Department on Wednesday, although the report also showed a jump in building permits. The Commerce Department said housing starts fell by 2.6 percent to an annual rate of 1.246 million in January.

joblessclaims-021617.jpg A report released by the Labor Department on Thursday showed a slight increase in first-time claims for U.S. unemployment benefits in the week ended February 11th. The report said initial jobless claims edged up to 239,000, an increase of 5,000 from the previous week's unrevised level of 234,000.

unemployment-021010.jpg The jobless rate in Australia came in at a seasonally adjusted 5.7 percent in January, the Australian Bureau of Statistics said on Thursday. That beat forecasts for 5.8 percent, which would have been unchanged from the December reading. The Australian economy added 13,500 jobs in January to 11,998,200,...

EUR-USD4-021517.jpg The dollar was up against all of its major rivals Wednesday morning, but has slipped back near the flat line after paring its early gains. Investors were hit with a slew of U.S. economic reports this morning, the majority of which came in better than expected. Traders also remained focused on Fed Chair...

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