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asiandevelopmentbank sept25 22sep21

The Asian Development Bank raised its economic growth projections for the next year but signaled divergence in the recovery paths among regional economies. In its latest Asian Development Outlook 2021 Update, released Wednesday, the ADB said developing Asia will expand 5.4 percent next year, instead of 5.3 percent estimated previously. Meanwhile, the outlook for 2021 was downgraded to 7.1 perce Read more...

Hungary's central bank raised its interest rates in September, for a fourth policy session in a row, and signaled it will continue to do so in coming months, citing rising inflation and upside risks to the outlook. The Monetary Council decided to raise the central bank base rate by 15 basis points... Read more...

Indonesia's central bank left its key rates unchanged on Tuesday, as widely expected, in order to maintain the exchange rate stability and underpin economic growth. The board of governors of Bank Indonesia decided to hold the the BI 7-Day reverse repo rate at 3.50 percent. The previous change in the... Read more...

oecd nov21 21sep21

The Organisation for Economic Cooperation and Development raised the growth projection for next year, while lowering the same for this year, and expressed concern over the increasingly uneven nature of the economic recovery from the slump caused by the pandemic as well as rising inflationary pressures. Read more...

building permits 092121

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

consumer 011819 17sep21

Consumer sentiment in the U.S. has seen a modest improvement in September after falling sharply in August, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index inched up by 71.0 in September from 70.3 in August. Economists had expected the index to rise to 72.2. Read more...

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South Africa's consumer price inflation increased in August, figures from Statistics South Africa showed on Wednesday. The consumer price index rose 4.9 percent year-on-year in August, following a 4.6 percent increase in July. Economists had expected a 4,8 percent rise. The main contributions to... Read more...

Turkey's consumer confidence improved in September, survey results from the Turkish Statistical Institute showed on Wednesday. The consumer confidence index rose to 79.7 in September from 78.2 in August. The survey was carried out in cooperation with the Turkish Statistical Institute and the Central... Read more...

Denmark consumer confidence improved in September, survey data from Statistics Denmark showed on Wednesday. The consumer confidence index rose to 8.2 in September from 4.4 in August. The average for the past six months was 3.2. The index measuring consumers' view regarding the future personal financial... Read more...

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boj 031617 22sep21

The Bank of Japan kept its monetary policy stimulus unchanged on Wednesday, ahead of next week's presidential election of the ruling Liberal Democratic Party to select a successor to the outgoing Prime Minister Yoshihide Suga. The board, governed by Haruhiko Kuroda, on Wednesday, voted 8-1, to hold the interest rate at -0.1 percent on current accounts that financial institutions maintain at the c Read more...

chinaflag july24 22sep21

China maintained its benchmark loan prime rates for the 17 consecutive month, as widely expected. The one-year loan prime rate was kept unchanged at 3.85 percent and the five-year LPR at 4.65 percent. The one-year and five-year loan prime rates were last lowered in April 2020. The one-year loan prime rate was cut by 20 basis points and five-year rate by 10 basis points in April 2020. Read more...

The Bank of Japan will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The bank is widely expected to keep its benchmark lending rate steady at -0.1 percent, although other forms of stimulus... Read more...

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The Netherlands' consumer confidence improved in September, data from the Central Bureau of Statistics showed on Wednesday. The consumer confidence index rose to -5 in September from -6 in August. The score was below the 20-year average of -8 points. Among components, the economic climate index... Read more...

ukpublicfinance sept21 21sep21

The UK budget deficit exceeded expectations and marked the second biggest shortfall on record for the month of August, driven by a surge in interest payments, data published by the Office for National Statistics showed on Tuesday. Public sector net borrowing, excluding public sector banks, totaled GBP 20.5 billion in August 2021. Read more...

Latvia's producer prices increased for the eighth straight month in August, figures from the Central Statistical Bureau showed on Tuesday. The producer price index rose 18.3 percent year-on-year in August, following a 15.8 percent increase in July. Among components, prices for manufacturing rose... Read more...

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Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Wednesday ,Sep.22
Capital Account Balance - BoP
Q2
CHF 75 M
 
CHF 358 M
Switzerland
Current Account Balance - BoP
Q2
CHF 10.51 B
 
CHF 11.12 (R) B
Switzerland
Interest Rate Decision
-
 
 
5.25 %
Brazil
Monetary Policy Meeting
-
 
 
-
Brazil
10:00
Consumer Confidence Index
SEP
 
 
-5.3
Eurozone
10:00
Existing Home Sales - Sales
AUG
 
 
5.99 M
United States
10:00
Existing Home Sales - Price
AUG
 
 
$ 359.9 K
United States
10:30
EIA Crude Oil Inventory (Barrels)
SEP 17
 
 
417.4 M
United States
14:00
Interest Rate Decision
-
 
 
0.0 - 0.25 %
United States
14:00
FOMC Meeting
-
 
 
-
United States
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Bargain Hunting May Lead To Rebound On Wall Street

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to regain ground following the sell-off seen in the previous session. Traders may look to pick up stocks at reduced levels following the weakness seen in the markets over the past several sessions. The...
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