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Australia is set to release a raft of data on Thursday, highlighting a busy day for Asia-Pacific economic activity. On tap are Q2 numbers for import and export prices, as well as June figures for building approvals and private sector credit. Import prices are expected to fall 1.5 percent on quarter...

Federalreserve-073014.jpg The Federal Reserve further tapered its quantitative easing plan on Wednesday, noting the U.S. economy has rebounded in the second quarter. As expected, the Fed said it will reduce its asset purchases by another $10 billion, cutting its monthly asset buying program to $25 billion. This puts the...

GDPchart-073014.jpg After reporting a notable contraction in U.S. economic activity in the first quarter, the Commerce Department released a report on Wednesday showing that gross domestic product rebounded by more than anticipated in the second quarter.

ADPchart-073014.jpg Employment in the U.S. private sector continued to see notable growth in the month of July, according to a report released by payroll processor ADP on Wednesday, although the pace of job growth came in below economist estimates.

EurozoneEconomicConfidence-073014.jpg Eurozone economic sentiment rose unexpectedly in July driven by confidence improvements in industrial and construction, survey data revealed Wednesday. The economic confidence index rose marginally to 102.2 in July from 102.1 in June, figures from European Commission showed. Economists had forecast the score to fall to 101.9 from June's originally estimated value of 102.

BoE-073014.jpg The Bank of England on Wednesday outlined plans to tighten bankers' bonus rules that eventually limits their inclination to take high risk. According to the new proposal, bankers could be forced to pay back their bonuses up to seven years from the date of payment if they break financial conduct rules.

China's consumer sentiment increased in July, results of a survey by MNI and Westpac showed Wednesday. The Westpac-MNI consumer sentiment index rose to 114.8 in July from 112.6 in June. However, consumer confidence still remained lower than the long-term average, the survey showed.

japanindustry-032910.jpg Industrial output in Japan was down 3.3 percent on month in June, the Ministry of Economy, Trade and Industry said on Wednesday. That was well shy of forecasts for a decline of 1.2 percent following the 0.7 percent increase in May. On a yearly basis, industrial production added 3.2 percent - also...

foreximg-300413.jpg Industrial output in South Korea climbed a seasonally adjusted 2.9 percent on month in June, Statistics Korea said on Wednesday. That was in line with expectations following the downwardly revised 2.8 percent decline in May (originally -2.7 percent). On a yearly basis, industrial output added 0.6...

newzea-retail-012111.jpg The total number of building consents issued in New Zealand gained a seasonally adjusted 3.5 percent on month in June, Statistics New Zealand said on Wednesday - coming in at 1,950. That follows the 4.6 percent decline in May. Excluding permits for apartment construction (which totaled 197), building...

Industrial output in Japan dipped 3.3 percent on month in June, the Ministry of Economy, Trade and Industry said on Wednesday. That was well shy of forecasts for a decline of 1.2 percent following the 0.7 percent increase in May. On a yearly basis, industrial production added 3.2 percent - also...

Industrial production in South Korea jumped a seasonally adjusted 2.9 percent on month in June, Statistics Korea said on Wednesday. That was in line with expectations following the downwardly revised 2.8 percent decline in May (originally -2.7 percent). On a yearly basis, industrial output added...

The total number of building permits issued in New Zealand was up a seasonally adjusted 3.5 percent on month in June, Statistics New Zealand said on Wednesday - coming in at 1,950. That follows the 4.6 percent decline in May. Excluding permits for apartment construction (which totaled 197), building...

Japan will on Wednesday see preliminary June figures for industrial production, highlighting a modest day for Asia-Pacific economic activity. Output is expected to fall 1.2 percent on month but rise 5.2 percent on year. That follows the 0.7 percent monthly increase and the 1.0 percent annual gain...

consumerconfidence-072914.jpg Consumer confidence in the U.S. improved for the third consecutive month in July, according to a report released by the Conference Board on Tuesday, with the consumer confidence index jumping to its highest level in almost seven years.