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The total number of new home sales in Australia was down a seasonally adjusted 2.3 percent in May, the Housing Industry Association said on Tuesday. That follows the 0.6 percent increase in April, and it also marks the first contraction following four months of expansion. Among the individual components,...

Total credit to the private sector in Australia was up 0.5 percent on month in May, the Reserve Bank of Australia said on Tuesday. That was shy of forecasts for 0.6 percent but up from 0.3 percent in April. On a yearly basis, credit climbed 6.2 percent - matching forecasts and up from 6.1 percent...

foreximg-300413.jpg Industrial output in South Korea slid 1.3 percent on month in May, Statistics Korea said on Tuesday- following the 1.2 percent decline in April. On a yearly basis, industrial production dropped 2.8 percent after sliding 2.7 percent in the previous month. The index of all industry production was...

NewZealandcpi-071510.jpg The total number if building permits issued in New Zealand was roughly unchanged in May, Statistics New Zealand said on Tuesday - standing at 2,171. That follows the upwardly revised 0.9 percent decline in April (originally -1.7 percent). On a yearly basis, the number of permits climbed 2.2 percent. "Nationally,...

Consumer confidence in the United Kingdom surged in June, the latest survey from marketing research company GfK revealed on Tuesday, with an index score of +7. That handily beat forecasts for a reading of +2, and it was up from +1 in May. The survey showed that UK residents are more optimistic...

Industrial production in South Korea was down 1.3 percent on month in May, Statistics Korea said on Tuesday - following the 1.2 percent decline in April. On a yearly basis, industrial production dropped 2.8 percent after sliding 2.7 percent in the previous month. The index of all industry production...

The total number if building permits issued in New Zealand was roughly flat in May, Statistics New Zealand said on Tuesday - coming in at 2,171. That follows the upwardly revised 0.9 percent decline in April (originally -1.7 percent). On a yearly basis, the number of permits climbed 2.2 percent. The...

Japan will release May figures for labor cash earnings, housing start and construction orders - setting the pace for a modest day in Asia-Pacific economic activity. Labor cash earnings are expected to hold steady at 0.7 percent on year, while real cash earnings are tipped to add 0.2 percent after...

greece-euro-062915.jpg Even as disheartened Greeks queued up in front of ATMs over the weekend in an attempt to extract their cash, European leaders on Monday urged them to vote 'yes' in the upcoming referendum on the bailout, stressing that it was in the country's interest that it remains in the euro area.

pendinghome-062915.jpg After reporting a sharp jump in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Monday showing that pending home sales saw further upside in May.

EurozoneEconomic-062915.jpg Ahead of Greece crisis escalating over the weekend, Eurozone economic confidence fell slightly in June on a mild deterioration of industrial and retailer sentiment. The economic confidence index fell unexpectedly to 103.5 in June from 103.8 in May, survey data from the European Commission showed Monday. It was forecast to remain unchanged at 103.8.

A September rate hike is "very much in play," according to William C. Dudley, president of the Federal Reserve Bank of New York. "If the data continue to evolve in the way they have, I think September is very much in play," Dudley said in an interview with the Financial Times published Sunday. "If...

Greece-062915.jpg  Greece closed its banks and imposed capital controls on Monday in order to avoid a financial collapse as the failure of debt talks with the EU makes it difficult to honor the payment due on June 30. The banks will remain closed until July 6 and introduced a limit of 60 euro on daily cash withdrawals from cash machines after the European Central Bank froze its funding for Greek banks.

Japan-machinery-orders-04072011-1.jpg Industrial output in Japan tumbled a seasonally adjusted 2.2 percent on month in May, the Ministry of Economy, Trade and Industry said on Monday. That missed forecasts for a decline of 0.87 percent following the 1.2 percent increase in April. On a yearly basis, industrial production shed 4.0 percent...

Retail sales in Japan were up 3.0 percent on year in May, the Ministry of Economy, Trade and Industry said on Monday - standing at 11.769 trillion yen. That beat forecasts for an increase of 2.2 percent following the 4.9 percent gain in April. Sales from large retailers climbed 5.3 percent to 1.692...

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