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*The economic data chart is for the U.S.
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UK wages grew at the fastest pace in 11 years in the quarter to May and the jobless rate held firmly at a 44-year low amid relatively high vacancies, data from the Office for National Statistics showed Tuesday. In the three months to May, average weekly earnings excluding bonuses climbed 3.6 percent from the previous year, the fastest rate of increase since 2008, and better that the forecast. Read more...

Eurozone's trade surplus grew in May, led by a rebound in exports, while imports decreased, preliminary data from Eurostat showed on Tuesday. The seasonally adjusted trade surplus rose to EUR 20.2 billion from EUR 15.7 billion in April. Economists had forecast a surplus of EUR 17.5 billion. Exports... Read more...

India's trade gap narrowed in June despite a fall in exports, data from the Ministry of Commerce and Industry showed Monday. Exports declined 9.71 percent year-on-year in June. This was the first contraction in nine months and slower than the expected fall of 8.7 percent. Largely reflecting lower... Read more...

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After reporting an unexpected contraction in regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing activity rebounded modestly in the month of July. The New York Fed said its general business conditions index climbed to 4.3 in July from a negative 8.6 in June. Read more...

After reporting an unexpected contraction in regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing activity rebounded modestly in the month of July. Read more...

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A day after reporting an unexpected uptick in U.S. consumer prices, the Labor Department released a report on Friday showing U.S. producer prices also unexpectedly edged higher in the month of June. The Labor Department said its producer price index for final demand inched up by 0.1 percent in June, matching the uptick seen in May. Economists had expected producer prices to come in unchanged. Read more...

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Croatia's consumer price inflation slowed to the lowest level in four months in June, figures from the Croatian Bureau of Statistics showed on Tuesday. The consumer price index rose 0.6 percent year-on-year in June, slower than 0.9 percent increase in May. The latest inflation was the slowest... Read more...

Italy's consumer price inflation slowed marginally in June, data from the statistical office Istat showed on Tuesday. The consumer price index climbed 0.7 percent annually in June, following a 0.8 percent rise in May. The flash estimate was 0.8 percent. The latest inflation was driven by a fall... Read more...

Corrects intro, first and second sentences of the article Germany's economic confidence weakened to a nine-month low in July, survey data from the ZEW-Leibniz Centre for European Economic Research showed on Tuesday. The economic confidence index declined to -24.5 in July from -21.1 in June. This... Read more...

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The International Monetary Fund lowered Singapore's growth outlook for 2019 citing weak foreign demand amid trade disputes. Concluding the Article IV consultation with Singapore, the Executive Board of the IMF said growth is set to slow to 2 percent this year, which also weaker than the 2.3 percent projected in May. Growth is expected to improve to 2.3 percent in 2020. Read more...

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The Reserve Bank of Australia said policymakers will continue monitoring the labor market closely and expressed willingness to adjust policy further if required. According to the minutes of the meeting held on July 2, the board observed that the lower interest rates would provide more Australians with jobs and helps in achieving the inflation target. Read more...

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Consumer prices in New Zealand advanced 0.6 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Tuesday. That was in line with expectations and up from 0.1 percent in the previous three months. Housing and household utilities rose 0.7 percent on quarter, influenced... Read more...

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The UK unemployment rate remained unchanged at 44-year low in three months to May and wages grew at the fastest pace in 11 years, data from the Office for National Statistics showed Tuesday. The unemployment rate remained unchanged at 3.8 percent in three months to May, in line with expectations.... Read more...

Turkey jobless rate rose marginally in April, data from the Turkish Statistical Institute showed on Tuesday. On a seasonally adjusted basis, the unemployment rate rose to 13.8 percent in April from 13.7 percent in March. In the same period last year, the jobless rate was 10.3 percent. The jobless... Read more...

Finland's national economic output grew at the slowest pace in four months in May, data from Statistics Finland showed on Tuesday. Gross domestic product grew a working day adjusted 0.8 percent year-on-year in May after a revised 1.8 percent increase in April. Output growth for April was revised down... Read more...

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China is likely to log economic growth of 6.1 percent this year and 6 percent in 2020, Elliot Clarke, an economist at Westpac Institutional Bank said Monday. Official data released earlier in the day... Read more...

Malaysia's central bank is likely to cut interest rates further soon as growth is set to slow in the second half of the year, Capital Economics said Tuesday. The Bank Negara Malaysia left its key interest... Read more...

Employment intentions among Australian businesses picked up further in June, suggesting stability in the labor market ahead, economists said citing the survey data from the NAB monthly business survey for June. The employment sub-index of the survey climbed to 5 from 2 in May and -2 in April, results of the survey showed on Tuesday. Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Tuesday ,Jul.16
04:30
ILO Unemployment Rate
MAY
3.8
 
3.8
UK
05:00
Exports
MAY
€ 195.6 B
 
€ 192.9 B
Eurozone
05:00
Imports
MAY
€ 175.3 B
 
€ 177.2 B
Eurozone
05:00
Trade Balance
MAY
€ 20.2 B
 
€ 15.7 B
Eurozone
05:00
ZEW Survey (Current Situation)
JUL
-10.6
 
-3.7
Eurozone
05:00
ZEW Survey (Econ. Sentiment)
JUL
-20.3
 
-20.2
Eurozone
05:00
ZEW Survey (Econ. Sentiment)
JUL
-24.5
 
-21.1
Germany
05:00
ZEW Survey (Current Situation)
JUL
-1.1
 
7.8
Germany
08:30
Import Price Index (M-o-M)
JUN
 
 
-0.3 %
United States
08:30
Exports (M-o-M)
JUN
 
 
-0.2 %
United States
08:30
Retail Sales (M-o-M)
JUN
 
 
0.5 %
United States
08:30
Retail Sales (Y-o-Y)
JUN
 
 
3.2 %
United States
08:30
Canadian Investment in Foreign Securities
MAY
 
 
C$ -0.19 B
Canada
08:30
Foreign Investment in Canadian Securities
MAY
 
 
C$ -12.80 B
Canada
09:15
Industrial Production (M-o-M)
JUN
 
 
0.4 %
United States
09:15
Industrial Production (Y-o-Y)
JUN
 
 
2.0 %
United States
09:15
Capacity Utilization (M-o-M)
JUN
 
 
78.1 %
United States
09:30
CB Coincidence Index
MAY
 
 
0.2 %
Spain
09:30
CB Leading Index
MAY
 
 
-0.2 %
Spain
10:00
Business Inventories (M-o-M)
MAY
 
 
0.5 %
United States
19:50
Exports
JUN
 
 
-7.8 %
Japan
19:50
Imports
JUN
 
 
-1.5 %
Japan
19:50
Trade Balance
JUN
 
 
¥ -967.1 B
Japan
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Upbeat Citigroup Earnings May Generate Continued Buying Interest

The major U.S. index futures are currently pointing to a higher opening on Monday, with stocks likely to extend last week’s run to new record highs. A positive reaction to earnings news from Citigroup (C) may generate some early buying interest, as the financial giant is moving moderately higher in...
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