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

The wage price index in Australia was up 2.6 percent on year in the second quarter of 2022, the Australian Bureau of Statistics said on Wednesday. That was shy of expectations for an increase of 2.7 percent and up from 2.4 percent in the three months prior. On a seasonally adjusted quarterly basis,... Read more...

Policymakers of the Reserve Bank of Australia said more interest rate hikes will be needed in the process of normalizing monetary policy over the months ahead, the minutes of the meeting held on August 2 showed Tuesday. At the meeting, the board had decided to raise the cash rate by 50 basis points... Read more...

Norway's trade surplus expanded in July compared to the previous year as exports increased amid falling imports, data from Statistics Norway showed on Monday. The trade surplus rose to NOK 153.2 billion in July from NOK 42.8 billion in the same month last year. In June, the surplus was NOK 87.7 billion. Exports... Read more...

inddustrial production2 081622

A report released by the Federal Reserve on Tuesday showed U.S. industrial production increased by more than expected in the month of July. The Fed said industrial production climbed by 0.6 percent in July following a revised unchanged reading in June. Read more...

housing starts2 081622

New residential construction in the U.S. tumbled by much more than expected in the month of July, according to a report released by the Commerce Department on Tuesday. The report showed housing starts plunged by 9.6 percent to an annual rate of 1.446 million in July after slumping by 2.4 percent to a rate of 1.559 million in June. Read more...

New residential construction in the U.S. tumbled by much more than expected in the month of July, according to a report released by the Commerce Department on Tuesday. Read more...

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Germany's economic confidence weakened to the lowest since the global financial crisis in 2008, signaling the risk of a recession in the second half of the year, results of a closely watched survey revealed Tuesday. The ZEW Indicator of Economic Sentiment dropped to -55.3 in August from -53.8 in July. This was the lowest score since October 2008, when the reading was -63.0. Read more...

Latvia's unemployment rate decreased in the June quarter, after rising in the previous quarter, figures from the Central Statistical Bureau showed on Tuesday. The jobless rate dropped to 6.6 percent in the second quarter from 7.3 percent in the first quarter. Further, this was the lowest unemployment... Read more...

Slovakia's economic growth slowed in the three months ended June, after improving in the previous two quarters, preliminary figures from the Statistical Office of the Slovak Republic showed Tuesday. Gross domestic product grew an unadjusted 1.7 percent year-on-year in the second quarter, slower than... Read more...

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Japan posted a merchandise trade deficit of 1,436.8 billion yen in July, the Ministry of Finance said on Wednesday. That missed estimates for a shortfall of 1,405 billion yen following the downwardly revised 1.398 billion yen deficit in June (originally 1.383 billion yen). Exports were up 19.0... Read more...

The total value of core machine orders in Japan was up a seasonally adjusted 0.9 percent on month in July, the Cabinet Office said on Wednesday - coming in at 917.0 billion yen. That missed expectations for an increase of 1.3 percent following the 5.6 percent decline in May. On a yearly basis,... Read more...

Producer price outputs in New Zealand were up 2.4 percent on quarter in the second quarter of 2022, Statistics New Zealand said on Wednesday - easing from 2.6 percent in the previous three months. The largest output industry contributions were from: building construction, up 4.2 percent; electricity... Read more...

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The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The central bank is expected to hike its Official Cash Rate by 25 basis points, from 2.50 percent to 3 percent. New... Read more...

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The UK labor market turned less tight in the middle of the year as job vacancies declined for the first time since August 2020 and the unemployment rate remained unchanged, the latest Labor Force Survey from the Office for National Statistics showed Tuesday. Read more...

Japan's tertiary activity dropped for the first time in four months in June, data from the Ministry of Economy, Trade and Industry showed on Tuesday. The seasonally adjusted tertiary activity index declined 0.2 percent month-on-month in June, after a 1.1 percent growth in May. Economists had forecast... Read more...

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Australia's business confidence improved strongly in July despite inflation and rising interest rates clouding the outlook, survey results from NAB showed on Tuesday. The business confidence index rose... Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Wednesday ,Aug.17
02:00
CPI (M-o-M)
JUL
 
0.4 %
0.8 %
UK
02:00
CPI (Y-o-Y)
JUL
 
9.9 %
9.4 %
UK
02:00
Core CPI (M-o-M)
JUL
 
0.3 %
0.4 %
UK
02:00
PPI Input (Y-o-Y)
JUL
 
23.3 %
24.0 %
UK
02:00
PPI Output (M-o-M)
JUL
 
0.7 %
1.4 %
UK
02:00
PPI Output (Y-o-Y)
JUL
 
16.4 %
16.5 %
UK
05:00
GDP (Q-o-Q)
Q2
 
 
0.6 %
Eurozone
05:00
GDP (Y-o-Y)
Q2
 
 
5.4 %
Eurozone
08:30
Retail Sales (M-o-M)
JUL
 
0.2 %
1.0 %
United States
08:30
Retail Sales (Y-o-Y)
JUL
 
 
8.4 %
United States
10:00
Business Inventories (M-o-M)
JUN
 
 
1.4 %
United States
10:30
EIA Crude Oil Inventory (Barrels)
AUG 12
 
 
432.0 M
United States
14:00
FOMC Meeting Minutes
-
 
 
-
United States
21:30
Unemployment Rate
JUL
 
 
3.5 %
Australia
21:30
Employment Change
JUL
 
 
88.4 K
Australia
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Futures Pointing To Modestly Lower Open On Wall Street

The major U.S. index futures are currently pointing to a modestly lower open on Tuesday, with stocks likely to move back to the downside after turning higher over the course of the previous session. Some traders may look to cash in on recent strength in the markets, as the rebound seen over the course...
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