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GBPUSD-052617.jpg The dollar is turning in a mixed performance Friday afternoon, as investors prepare for a long holiday weekend. The buck is down against the Japanese Yen, but is gaining ground against the Euro and especially against the British pound. The pound has dropped in valued after a new poll indicated that Britain's...

Consumer-052617.jpg Consumer sentiment in the U.S. was virtually unchanged in May, according to revised data released by the University of Michigan on Friday. The University of Michigan said the consumer sentiment index for May was downwardly revised to 97.1 from a preliminary reading of 97.7.

GDP-052617.jpg A report released by the Commerce Department on Friday showed that the U.S. economy grew by much more than initially estimated in the first three months of the year. The Commerce Department said gross domestic product climbed by 1.2 percent in the first quarter.

DurableGoodsOrders-052617.jpg New orders for U.S. manufactured durable goods pulled back by less than expected in the month of April, according to a report released by the Commerce Department on Friday. The report said durable goods orders slid by 0.7 percent in April after jumping by an upwardly revised 2.3 percent in March.

Taiwan-GDP-052617.jpg Taiwan's economy is set to expand at the fastest pace in three years in 2017 on improving global outlook, projections from the Directorate General of Budget, Accounting & Statistics (DGBAS) showed Friday. The agency raised the growth forecast for this year to 2.05 percent from 1.92 percent estimated in February. This would be the fastest rate since 2014, when GDP grew 4.02 percent.

japanexports-112510.jpg Overall consumer prices in Japan gained 0.4 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and up from 0.2 percent in March. Core consumer prices were up 0.3 percent on year - shy of forecasts for 0.4 percent and...

eurusd2-052517.jpg The dollar got off to a weak start Thursday, but has since reversed its early losses and is trading modestly higher against all of its major rivals this afternoon. The early weakness was partly due to the release of the Fed minutes yesterday afternoon. The minutes suggest that the central bank is on...

JoblessClaims-052517.jpg A report released by the Labor Department on Thursday showed a slight uptick in first-time claims for U.S. unemployment benefits in the week ended May 20th. The report said initial jobless claims inched up to 234,000, an increase of 1,000 from the previous week's revised level of 233,000.

UK-GDP-052517.jpg UK's economic growth eased more than previously estimated in the first quarter due to the downward revisions to services and production. Gross domestic product grew 0.2 percent sequentially in the first quarter instead of 0.3 percent estimated on April 28, the second estimates from the Office for National Statistics showed Thursday.

NewZealand-Steven-Joyce-052517.jpg New Zealand Finance Minister Steven Joyce unveiled the 2017 budget in the election year, giving priority to family income and investment. In his first budget speech on Thursday, Joyce said the fiscal position continues to improve. The budget is set to log a NZ$1.6 billion surplus this year and NZ$2.9 billion surplus in the year to June 2018, he said.

eurusd1-052517.jpg The dollar is heading lower against its major rivals Wednesday afternoon, following the release of the minutes from the most recent meeting of the Federal Reserve. The Fed is on track to raise interest rates this summer, most likely in June, according to the minutes of the central bank's May 2-3 meeting. "Several"...

existinghome-052417.jpg Existing home sales in the U.S. pulled back by more than anticipated in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales fell by 2.3 percent to an annual rate of 5.57 million in April.

ECB-052417.jpg Eurozone financial market stress remained contained in the past six months, though the risk of further bond market repricing remains and the risk of a return of concerns over debt sustainability has risen, the European Central Bank said in a report released on Wednesday. Further, the ECB warned that excessive exuberance in regional house prices warranted close monitoring.

China-Moodys-052417.jpg Moody's on Wednesday downgraded China's long-term local currency and foreign currency issuer ratings by one notch to A1 from Aa3 and changed the outlook to stable from negative, due to concerns over the rising debt and slow growth and reforms as the government tries to implement a shift to economic expansion driven by domestic demand than exports.

trade.jpg The total value of construction work completed in Australia slipped a seasonally adjusted 0.7 percent on quarter in the first three months of 2017, the Australian Bureau of Statistics said on Wednesday - coming in at A$46.416 billion. That missed forecasts for a decline of 0.5 percent following the...

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