Economic News

*The economic data chart is for the U.S.

The total value of retail sales in Australia was up a seasonally adjusted 0.1 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at A$31.069 billion. That missed expectations for an increase of 0.5 percent following the 1.1 percent increase in April. Food retailing... Read more...

Greece's current account deficit widened notably in April from the last year due to the deterioration in the balances of goods and services and the secondary income account, data published by Bank of Greece showed on Friday. The current account deficit increased to EUR 2.08 billion in April from EUR... Read more...

The Bank of Japan maintained its massive monetary stimulus, as widely expected, and extended the duration of the special funding programme to help pandemic-hit firms. The board, governed by Haruhiko Kuroda, on Tuesday, voted 7-1, with 1 abstention, to hold the interest rate at -0.1 percent on current... Read more...

leading indicator 061721

Suggesting strong economic growth will continue in the near term, the Conference Board released a report on Thursday showing another significant increase by its index of leading U.S. economic indicators. Read more...

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Philadelphia-area manufacturing activity expanded at a slightly slower rate in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. Read more...

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After reporting decreases in first-time claims for U.S. unemployment benefits for six straight weeks, the Labor Department released a report on Thursday showing an unexpected uptick in initial jobless claims in the week ended June 12th. Read more...

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Britons' inflation expectations for the coming year slowed in May, the latest Bank of England/Kantar Inflation Attitudes Survey showed on Friday. Inflation for the coming year was seen at 2.4 percent, down from 2.7 percent in February. Likewise, inflation expectations for the twelve months after that... Read more...

Portugal's producer prices accelerated in May, figures from Statistics Portugal showed on Friday. The producer price index increased 7.8 percent year-on-year in May, following a 5.1 percent rise in April. Excluding the energy group, producer prices rose 4.5 percent yearly in May, following a 2.6... Read more...

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UK retail sales dropped in May as the reopening of all retail sectors and the easing of hospitality restrictions reduced food store sales, data from the Office for National Statistics revealed on Friday. Retail sales dropped 1.4 percent month-on-month in May, reversing a 9.2 percent rise in April and confounding expectations for an increase of 1.6 percent. Read more...

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Australia will on Monday release May figures for retail sales, highlighting a light day for Asia-Pacific economic activity. In April, retail sales were up 1.1 percent on month. Taiwan will provide May numbers for export orders, with forecasts suggesting an increase of 40.15 percent following the 42.6... Read more...

boj 031617 18jun21

The Bank of Japan maintained its massive monetary stimulus and announced the introduction of a new funding programme to support the efforts on climate change issues and also extended the deadline for Covid support programme. The board, governed by Haruhiko Kuroda, on Tuesday, voted 7-1, with 1 abstention, to hold the interest rate at -0.1 percent. Read more...

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Croatia's jobless rate declined in May, figures from the Croatian Bureau of Statistics showed on Friday. The registered unemployment rate decreased to 8.2 percent in May from 8.9 percent in April. In the same month last year, jobless rate was 9.4 percent. The latest rate of unemployment was the... Read more...

The euro area current account surplus increased in April, the European Central Bank reported Friday. The current account surplus totaled EUR 23 billion in April versus EUR 18 billion surplus in the previous month. The visible trade surplus widened to EUR 27 billion from EUR 24 billion, while the... Read more...

Poland's average gross wages rose in May, data from Statistics Poland showed on Friday. Average gross wages and salaries grew 10.1 percent year-on-year in May and amounted to 5637.34 PLN. Economists had forecast a rise of 10.3 percent. On a monthly basis, average gross wages increased 0.3 percent... Read more...

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The strong labor market in Poland suggests that the economic recovery is set to gain speed in the second half of the year, ING said. Official data released on Friday showed that employment in the corporate... Read more...

Time (et)
Economic Indicator
Sunday ,Jun.20
Rightmove House Prices (M-o-M)
1.8 %
Monday ,Jun.21
Official Foreign Reserves
$ 1053.57 B
M3 Money Supply (Y-o-Y)
4.7 %
M3 Money Supply (M-o-M)
-0.14 %
PMI Composite
United States
PMI Services
United States
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Dow Poised To Extend Recent Downward Trend

The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to see initial weakness after ending the previous session mixed. The Dow appears poised to extend a recent downtrend, which has seen the blue chip index close lower for four straight sessions and seven...
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