New orders for U.S. manufactured durable goods increased by much more than expected in the month of March, according to a report released by the Commerce Department on Friday, although the jump was primarily due to strength in the volatile transportation sector.
German business confidence strengthened for the sixth straight month to a 10-month high in April reflecting the continuing upswing in the economy, but firms turned less optimistic about the business outlook. The business confidence index rose more-than-expected to 108.6 in April from 107.9 in March, the results of a survey by Munich-based Ifo Institute showed Friday.
An index measuring producer prices in Japan were up 3.2 percent on year in March, the Bank of Japan said on Friday - standing at 103.0.
That was just shy of forecasts for 3.3 percent, which would have been unchanged from the February reading.
Among the individual components, prices were down for...
Singapore will on Friday release March figures for industrial production, highlighting a light day for Asia-Pacific economic activity.
Industrial output is expected to add 0.8 percent on month and fall 5.8 percent on year. That follows the 4.1 percent monthly increase and the 3.6 percent yearly decline...
Consumer sentiment in South Korea ticked higher in April, the latest survey from the Bank of Korea showed on Friday, with an index score of 104.0 - up from 101.0 in March.
Consumer sentiments on current living standards and for their future outlook were both two points higher than in March, at 92...
After reporting a notable increase in U.S. new home sales in the previous month, the Commerce Department released a report on Thursday showing that new home sales pulled back by much more than expected in the month of March.
First-time claims for U.S. unemployment benefits unexpectedly saw a modest increase in the week ended April 18th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged up to 295,000.
U.K. retail sales declined for the first time in six months in March on petrol sales, casting doubt over economic growth gaining strength at the start of the year. Public sector finance data revealed that Chancellor George Osborne undershot the fiscal targets for 2014-15 ahead of the general election on May 8.
Eurozone private sector growth pulled back from March's 11-month high in April as concerns over Greece crisis started to weigh on economic activity despite the boost from the European Central Bank's quantitative easing. The flash composite output index fell unexpectedly to 53.5 in April from 54 in March, according to the purchasing managers' survey results published by Markit Economics. The expec
China's factory activity moved further into negative zone in April, logging the weakest operating conditions in a year, flash estimate released by Markit Economics showed Thursday. The HSBC manufacturing Purchasing Managers' Index fell to 49.2 in April, a 12-month low, from 49.6 in March. It was expected to remain at 49.6. A score below 50 indicates contraction in the sector.
South Korea will on Thursday release preliminary figures for Q1 gross domestic product, setting the pace for a busy day in Asia-Pacific economic news.
GDP is expected to add 0.6 percent on quarter and 2.3 percent on year after gaining 0.3 percent on quarter and 2.7 percent on year in the previous...
Existing home sales in the U.S. increased by much more than expected in the month of March, according to a report released by the National Association of Realtors on Wednesday, with existing home sales jumping to their highest rate in eighteen months.
Bank of England policymakers have noted the signs of strengthening of the euro area, which could benefit the UK economy in the long run, and the domestic inflation is expected to pick up faster later on after remaining negative in the coming months.
Consumer prices in Australia added 0.2 percent on quarter in the first quarter of 2015, the Australian Bureau of Statistics said on Wednesday.
That was unchanged from the previous quarter, although it exceeded forecasts for an increase of 0.1 percent.
On a yearly basis, inflation advanced 1.3 percent...
Australia will on Wednesday release consumer price data for the first quarter of 2015, highlighting a busy day for Asia-Pacific economic activity.
Inflation is tipped to rise 1.3 percent on year and 0.1 percent on quarter, slowing from 1.7 percent on year and 0.2 percent on quarter in the three months...