Pending home sales in the U.S. increased by much more than expected in the month of April, according to a report released by the National Association of Realtors on Thursday, with pending sales jumping to their highest level in nearly nine years.
After reporting a modest increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing another uptick in initial jobless claims in the week ended May 23rd.
Eurozone economic confidence remained unchanged at its second highest level in nearly four years in May despite the ongoing Greek crisis, survey results from the European Commission showed Thursday. The economic sentiment index held steady at 103.8 in May, while it was forecast to fall to 103.5. This was the second highest score since July 2011. The April figure was revised up from 103.7.
Economic confidence from Eurozone and revised quarterly national accounts from the U.K. are the major reports due on Thursday.
The Philippine economy grew at a less-than-expected rate in the first quarter of 2015, figures from the National Statistical Coordination Board showed Thursday. Sequentially, the country's GDP growth slowed to a 6-year low.
Private capital expenditure in Australia contracted a seasonally adjusted 4.4 percent on quarter in the first quarter of 2015, the Australian Bureau of Statistics said on Thursday - coming in at A$35.895 billion.
That missed expectations for a decline of 2.2 percent, which would have been unchanged...
Retail sales in Japan advanced 5.0 percent on year in April, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 11.562 trillion yen.
That was shy of forecasts for an increase of 5.5 percent following the 9.7 percent contraction in March.
Sales from large retailers advanced...
The dollar is adding to its recent gains against both the pound sterling and the Japanese Yen Wednesday, but has given back its early gains against the euro. There were no U.S. economic reports released today, following yesterday's large number of reports. However, investors will be watching for the...
Germany's consumer sentiment is poised to improve further to its highest value in more than thirteen years in June as strong domestic demand and low inflation boost growth prospects. The forward-looking consumer sentiment rose unexpectedly to 10.2 in June from 10.1 in May, survey data from market research group GfK showed Wednesday. This was the highest score since October 2001.
Consumer confidence survey results from Germany and France are due on Wednesday, headlining a light day for the European economic news.
The value of construction work done in Australia slipped a seasonally adjusted 2.4 percent on quarter in the first quarter or 2015, the Australian Bureau of Statistics said on Wednesday - coming in at A$48.397 billion.
That missed expectations for a decline of 1.4 percent following the 0.2 percent...
The members of the Bank of Japan's monetary policy committee were satisfied that the current monetary policy stance remained appropriate, minutes from the bank's April 30 meeting revealed on Wednesday.
The underlying inflation trend was improving steadily, the minutes showed, although there was some...
The dollar is adding to its recent strength against its major competitors Tuesday morning. There was a large number of economic reports released this morning, following yesterday's Memorial Day holiday. A pair of housing reports exceeded expectations, while durable goods orders were in line with estimates.
Consumer confidence in the U.S. improved modestly in May after declining sharply in April, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index rose to 95.4 in May from a downwardly revised 94.3 in April.
Following the pullback seen in the previous month, the Commerce Department released a report on Tuesday showing that U.S. new home sales rebounded by more than expected in the month of April.