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philadelphia-fed2-081618.jpg Growth in Philadelphia-area manufacturing activity slowed by much more than anticipated in the month of August, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current general activity tumbled to 11.9 in August from 25.7 in July.

housing-starts-081618.jpg New residential construction rebounded by much less than expected in the month of July, the Commerce Department revealed in a report released on Thursday. The report said housing starts rose by 0.9 percent to an annual rate of 1.168 million in July.

ukretails-aug16.jpg UK retail sales rebounded strongly in July, exceeding expectations, thanks to store promotions and robust online sales. Retail sales rose 0.7 percent month-on-month in July, in contrast to a 0.5 percent fall in June, data from the Office for National Statistics showed Thursday. Sales were forecast to increase by 0.2 percent.

joblessclaims-081618.jpg A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended August 11th. The report said initial jobless claims dipped to 212,000, a decrease of 2,000 from the previous week's revised level of 214,000.

South Africa's wholesale sales decreased in June after recovering in the previous month, preliminary figures from Statistics South Africa showed Thursday. Wholesale sales dropped 0.5 percent year-over-year in June, reversing a 0.5 percent rise in May. On a monthly basis, wholesale sales climbed...

UK retail sales increased more than expected in July, data from the Office for National Statistics showed Thursday. Retail sales including auto fuel, rose 0.7 percent month-on-month in July, in contrast to a 0.5 percent fall in June. Sales were forecast to increase by 0.2 percent. Excluding auto...

Czech producer price inflation accelerated in July to the highest level in nearly six-and-a-half years, figures from the Czech Statistical Office showed Thursday. Industrial producer prices climbed 3.4 percent year-over-year in July, faster than the 2.9 percent rise in June. The latest rate of...

Germany's wholesale price inflation accelerated further in July to the highest level in more than a year, data from Destatis showed Thursday. Wholesale prices climbed 3.5 percent year-over-year in July, just above the 3.4 percent increase in June. Moreover, this was the fastest growth since April...

Dutch unemployment rate decreased unexpectedly in July, though slightly, figures from the Central Bureau of Statistics showed Thursday. The seasonally adjusted jobless rate dropped to 3.8 percent in July from 3.9 percent in June. Meanwhile, the rate was expected to remain stable at 3.9 percent. In...

eep-uk-retail-081518.jpg Retail sales from the UK and foreign trade from euro area are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Germany's wholesale prices are due for July. Prices had advanced 3.4 percent on year in June.

trade.jpg The jobless rate in Australia came in at a seasonally adjusted 5.3 percent in July, the Australian Bureau of Statistics said on Thursday. That beat forecasts for 5.4 percent, which would have been unchanged from June. The Australian economy shed 3,900 jobs last month to 12,575,200 - well shy of...

japanexports-112510.jpg Japan posted a merchandise trade deficit of 231.2 billion yen in July, the Ministry of Finance said on Thursday. That was shy of expectations for a shortfall of 41.2 billion yen following the downwardly revised 720.8 billion yen surplus in June (originally 721.4 billion yen). Exports were up 3.9...

After seeing early strength, the value of the U.S. dollar has given back ground over the course of trading on Wednesday. The dollar index indicating the value of the greenback relative to a basket of foreign currencies is marginally higher at 96.69 after reaching a high of 96.98, its highest intraday...

dailycrypto-aug15.jpg Cryptocurrencies have recovered and are trending upward Tuesday morning, after sliding sharply a day earlier. Bitcoin rebounded and is trading above $6,000. Some analysts attributed the rebound to the expiration of the CBOE Bitcoin futures on Wednesday.

nahb-081518.jpg Partly reflecting growing affordability concerns, the National Association of Home Builders released a report on Wednesday showing a modest deterioration in U.S. homebuilder confidence in the month of August.

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