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The services sector in New Zealand continued to expand in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 51.8. That's down from 52.3 in March, although it remains above the boom-or-bust line of 50 that separates expansion... Read more...

Russia's economic growth slowed sharply in the first three months of the year to the weakest pace in five consecutive quarters, preliminary data from the statistical office showed on Friday. Gross domestic product grew 0.5 percent year-on-year in the first quarter from 2.7 percent in the final three... Read more...

Hong Kong's economy expanded more than previously estimated in the first quarter, revised data from the Census and Statistics Department showed Friday. Gross domestic product grew 0.6 percent sequentially instead of 0.5 percent estimated previously. Nonetheless, this was slower than the 1.2 percent... Read more...

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Reflecting a spike in consumer expectations, the University of Michigan released a report on Friday showing a substantial improvement in U.S. consumer sentiment in the month of May. Read more...

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A reading on leading U.S. economic indicators rose by slightly less than expected in the month of April, according to a report released by the Conference Board on Friday. Read more...

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China's top economic planning agency said on Friday that the impact from the trade tariffs imposed by the United States on Chinese exports is under control. The National Development and Reform Commission said at a press conference that measures will be taken to ensure that economic growth remains in a "reasonable range". Read more...

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Eurozone construction output fell in March, after rising in the previous month, amid a decline in building activity and slower growth in civil engineering, data from the statistical office Eurostat showed on Friday. Construction output declined a calendar and seasonally adjusted 0.3 percent month-on-month... Read more...

Slovakia's EU measure of inflation slowed in April after rising in the previous month, data from the Statistical Office Of the Slovak Republic showed on Friday. The harmonized index of consumer prices, or HICP, climbed 2.4 percent year-on-year in April, after a 2.7 percent rise in March. In February,... Read more...

Eurozone's core inflation, which excludes prices of energy, food, alcohol and tobacco, accelerated in April at a faster than estimated pace to its highest level in two years, latest data from the statistical office Eurostat showed on Friday. Core inflation climbed to 1.3 percent in April, which was... Read more...

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Japan's gross domestic product expanded a seasonally adjusted 0.5 percent on quarter in the first quarter of 2019, the Cabinet Office said in Monday's preliminary reading. That surprised to the upside, beating forecasts for a fall 0.1 percent and up from the downwardly revised 0.4 percent gain in... Read more...

Japan will on Monday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is predicted to ease 0.1 percent on quarter and 0.2 percent on year after climbing 0.5 percent on quarter and 1.9 percent on year in Q4. Nominal GDP is... Read more...

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The Hong Kong government on Friday maintained its weaker growth projection for this year as trade tensions between the U.S. and China escalate. The real GDP growth forecast of 2-3 percent for this year as announced in the Budget was maintained in the current review. In 2018, the economy expanded 3 percent. Read more...

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Singapore's non-oil domestic exports declined sharply in April, albeit at a slower pace compared to March, driven by a fall in electronic and pharmaceutical shipments, data from Enterprise Singapore showed Friday. Non-oil domestic exports, or NODX, slid 10 percent annually in April from the high base a year ago, after decreasing 11.8 percent in March. Read more...

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Japan's extremely low interest rates are likely to remain at the current levels for an extended period, beyond spring 2020, given the uncertainties surrounding economic activity and prices, Bank of Japan Governor Haruhiko Kuroda said Friday. BoJ would "maintain the current extremely low levels of short- and long-term interest rates for an extended period of time. Read more...

Austria consumer price inflation slowed in April, figures from Statistics Austria showed on Friday. The consumer price index climbed 1.7 percent year-on-year in April, after a 1.8 percent rise in March. The modest slowdown in April was led by weaker prices for holiday packages. The major price... Read more...

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Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Sunday ,May.19
19:50
GDP (Q-o-Q)
Q1 P
 
 
0.5 %
Japan
19:50
GDP (Y-o-Y)
Q1 P
 
 
1.9 %
Japan
20:01
Rightmove House Prices (M-o-M)
MAY
 
 
1.1 %
UK
Monday ,May.20
00:30
Capacity Utilization Rate
MAR
 
 
1.0 %
Japan
00:30
Industrial Production (M-o-M)
MAR F
 
 
0.7 %
Japan
00:30
Industrial Production (Y-o-Y)
MAR F
 
 
-1.1 %
Japan
02:00
PPI (M-o-M)
APR
 
 
-0.1 %
Germany
02:00
PPI (Y-o-Y)
APR
 
 
2.4 %
Germany
04:00
Current Account Balance - BoP
MAR
 
 
€ 26.8 B
Eurozone
09:30
CB Coincidence Index
MAR
 
 
0.3 %
UK
09:30
CB Leading Index
MAR
 
 
-0.4 %
UK
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Lingering Trade Concerns May Lead To Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Friday, with stocks likely to give back ground after moving significantly higher over the past few sessions. Lingering concerns about the escalating trade dispute between the U.S. and China are likely to weigh on the markets...
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