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Industrialproduction-US-121517.jpg After reporting a much bigger than expected increase in U.S. industrial production in the previous month, the Federal Reserve released a report on Friday showing that production rose by less than expected in the month of November. The Fed said industrial production edged up by 0.2 percent.

Empirestatemanufacturing-121517.jpg Growth in New York manufacturing activity slowed by more than anticipated in the month of December, according to a report released by the Federal Reserve Bank of New York on Friday. The New York Fed said its general business conditions index dropped to 18.0 in December from 19.4 in November, although...

Russia-centralbank-121517.jpg Russia's central bank slashed the benchmark rate by half a percentage point on Friday amid expectations for a quarter point reduction. Policymakers signaled further easing in the first half of 2018. The Board of Directors trimmed the key rate to 7.75 percent from 8.25 percent, the Bank of Russia said in a statement.

BOJ-Factory-121517.jpg Confidence among large manufacturers increased for the fifth straight quarter to an 11-year high at the end of 2017, as strong exports and rising corporate profits underpin growth, a closely watched survey showed Friday. The large manufacturers' sentiment index rose to 25 from 22 a quarter ago, according to the quarterly Tankan survey from Bank of Japan. This was the highest score since 2006.

MarioDraghi-121417.jpg The European Central Bank raised the euro area growth forecasts, as it gained confidence from the strong momentum this year, but inflation was seen to remain short of its target into 2020, which Mario Draghi called a "muted" news that warrants support from massive monetary stimulus.

ImportExport-US-121417.jpg A report released by the Labor Department on Thursday showed U.S. import prices increased in line with economist estimates in the month of November, while export prices rose by much more than anticipated. The Labor Department said its import price index climbed by 0.7 percent in November after inching...

Joblessclaims-US-121417.jpg First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended December 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dropped to 225,000, a decrease of 11,000 from the previous week's unrevised level of 236,000.

Retailsales-US-121417.jpg Retail sales in the U.S. increased by much more than anticipated in the month of November, the Commerce Department revealed in a report released on Thursday. The report said retail sales climbed by 0.8 percent in November after rising by an upwardly revised 0.5 percent in October.

ECB-interestrates-121417.jpg The European Central Bank left its monetary policy stance unchanged on Thursday, after its announced its plan to trim asset purchases at the start of next year in the previous session, marking a calm close to what could be seen as a stellar year for the single currency economy.

BankofEngland-121417.jpg The Bank of England policymakers unanimously decided to leave its key interest rate unchanged on Thursday after tightening it for the first time in a decade in November. The Monetary Policy Committee, headed by Governor Mark Carney, voted to maintain the benchmark rate at 0.50 percent.

swissnationalbank-121417.jpg The Swiss National Bank maintained its expansionary monetary policy stance on Thursday and reaffirmed its commitment to remain active in the foreign exchange market when necessary although the franc weakened against the euro and the US dollar. Further, the bank forecast inflation to exceed its target in three years' time due to the weaker currency.

China-Central-Bank-121417.jpg China's central bank unexpectedly lifted its rates on open market operation on Thursday after the Federal Reserve tightened its policy rates. Elsewhere, statistical data released on Thursday showed that industrial production growth weakened in November as measures taken to control pollution weighed on activity. Meanwhile, retail sales grew at a faster pace on domestic consumption.

Retail sales in China were up 10.2 percent on year in November, the National Bureau of Statistics said on Thursday. That missed forecasts for 10.3 percent but was still up from 10.0 percent in October. The bureau also noted that industrial production advanced an annual 6.1 percent - matching forecasts...

unemployment-021010.jpg The jobless rate in Australia came in at a seasonally adjusted 5.4 percent in November, the Australian Bureau of Statistics said on Thursday. That was in line with expectations and unchanged from the October reading. The Australian economy added 61,600 jobs last month to 12,403,000 - shattering...

The unemployment rate in Australia came in at a seasonally adjusted 5.4 percent in November, the Australian Bureau of Statistics said on Thursday. That was in line with expectations and unchanged from the October reading. The Australian economy added 61,600 jobs last month - shattering expectations...

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