Consumer sentiment in the U.S. unexpectedly saw a slight decline in the month of August, according to a report released by the University of Michigan on Friday. The report said the final reading on the consumer sentiment index for August came in at 89.8 compared to the initial estimate of 90.4.
Federal Reserve Chairman Janet Yellen says the case for another interest-rate hike has strengthened.
"In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in...
U.S. economic activity in the second quarter grew by slightly less than initially estimated, according to a report released by the Commerce Department on Friday. The report said gross domestic product increased by 1.1 percent in the second quarter.
The U.K. economy logged faster growth in the second quarter as robust consumer spending and investment cushioned the region against the impact of the severe political and economic uncertainty in the run-up to the EU referendum. Gross domestic product grew 0.6 percent sequentially after rising 0.4 percent in the first quarter.
Consumer prices in Japan slipped 0.4 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - matching expectations and unchanged from June's annual reading.
Core CPI, which excludes volatile food costs, slid 0.5 percent on year - missing forecasts for -0.4 percent,...
Consumer confidence in South Korea improved slightly in August, the latest survey from the Bank of Korea showed on Friday, as its index rose to a score of 102 from 101 in July.
Consumer sentiments concerning both current living standards and their future outlook remained unchanged, at 91 and 98 respectively.
Consumer prices in Japan were down 0.4 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - in line with expectations and unchanged from June's annual reading.
Core CPI, which excludes volatile food costs, slid 0.5 percent on year - missing forecasts for -0.4...
Japan will on Friday release consumer price numbers for July, highlighting a modest day for Asia-Pacific economic activity.
Overall nationwide inflation and core CPI both are expected to fall 0.4 percent on year, unchanged from the June reading.
Overall Tokyo inflation and core CPI both are expected...
After reporting a steep drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Thursday showing that durable goods orders rebounded by more than expected in the month of July. The Commerce Department said durable goods orders surged up by 4.4 percent.
First-time claims for U.S. unemployment benefits unexpectedly saw another modest decrease in the week ended August 20th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 261,000.
German business confidence dropped unexpectedly to a 6-month low in August and marked the biggest monthly fall in more than four years as companies assessed the current situation and future expectations more poorly after Britons voted to exit the EU. The business sentiment index dropped to 106.2 in August from 108.3 in July, results of the Ifo survey showed Thursday.
Producer prices in Japan were up 0.4 percent on year in July, the Bank of Japan said on Thursday.
That beat expectations for an increase of 0.1 percent following the 0.2 percent gain in June.
On a monthly basis, process also jumped 0.4 percent following the flat reading in the previous month.
Japan will on Thursday release July numbers for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to add 0.1 percent on year after gaining 0.2 percent in June.
Hong Kong will provide July figures for imports, exports and trade balance. In June,...
Existing home sales in the U.S. tumbled by much more than anticipated in the month of July, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped 3.2 percent to an annual rate of 5.39 million in July.
Germany's economy expanded in the second quarter on the back of foreign trade and spending, providing support to overall euro area expansion, which was weighed down by flat growth in France and Italy ahead of "Brexit" vote.Gross domestic product climbed 0.4 percent quarter-on-quarter, in line with the preliminary estimate, but slower than the 0.7 percent expansion seen in the March quarter.