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Retail sales in Japan were up a seasonally adjusted 0.3 percent on month in May, the Ministry of Economy, Trade and Industry said on Thursday - shy of expectations for a gain of 0.6 percent following the downwardly revised 0.1 percent drop in April (originally flat). On a yearly basis, retail sales...

Japan will on Thursday release May figures for retail sales, setting the pace for a modest day in Asia-Pacific economic activity. Retail sales are expected to have risen 0.6 percent on month and 1.2 percent on year following the flat monthly reading and the 0.5 percent yearly increase in April. Large...

durable-goods-orders-062619.jpg New orders for U.S. manufactured durable goods unexpectedly showed another steep drop in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders slumped by 1.3 percent in May after tumbling by a revised 2.8 percent in April.

New orders for U.S. manufactured durable goods unexpectedly showed another steep drop in the month of May, according to a report released by the Commerce Department on Wednesday.

Bank of England Governor Mark Carney said the response to no deal Brexit would not be automatic. It will depend on demand, supply and on the exchange rate. "In the event that the government switches policy, the BoE would switch," he said at the Treasury Select Committee on Wednesday. Market expectations...

germany-jun26.jpg Germany's consumer sentiment is set to weaken in July as income expectations suffer significant setbacks amid fears of job losses among shoppers, survey data from market research group GfK showed Wednesday. The forward-looking consumer sentiment index dropped more-than-expected to 9.8 in July from 10.1 in June. The score was forecast to fall marginally to 10.0.

Austria's manufacturing sector contacted at the fastest pace since late 2014 in June, survey data from IHS Markit showed on Wednesday. The UniCredit Bank Austria manufacturing Purchasing Managers' Index, or PMI, fell to 47.5 in June from 48.3 in May. Any reading below 50 indicates a contraction...

Poland's unemployment rate eased for a third straight month in May, data from Statistics Poland showed on Wednesday. The registered unemployment rate fell to 5.4 percent in May from 5.6 percent in April, in line with economists' expectation. In March, the unemployment rate was 5.9 percent. In...

Iceland's consumer price inflation slowed in June after rising in the previous month, figures from Statistics Iceland showed on Wednesday. The consumer price index climbed 3.3 percent year-on-year in June, after a 3.6 percent increase in May. Excluding housing cost, inflation was 3.0 percent....

Iceland's central bank lowered its key interest rate for the second straight month as the economy is expected to contract on weaker tourism activity. The Monetary Policy Committee of the Central Bank of Iceland decided to slash the rate on seven-day term deposits by a quarter point to 3.75 percent...

ukbrexit-jun26.jpg UK employers' confidence on the economy and their hiring and investment intentions improved since the extension of the Brexit deadline, according to a survey published on Wednesday. Employers' confidence in making hiring and investment decisions improved with the index rising 4 percentage points to positive 1, the JobsOutlook survey from the Recruitment & Employment Confederation, or REC, showed.

Norway's unemployment rate fell for the third month in a row in April, defying expectations for stability, data from Statistics Norway showed on Wednesday. The seasonally adjusted jobless rate climbed to 3.2 percent in April from 3.5 percent in March. Economists had expected the rate to remain unchanged....

Denmark's retail sales decreased for the second straight month in May, figures from Statistics Denmark showed on Wednesday. Retail sales dropped 0.3 percent month-on-month in May, following a 0.5 percent decline in April. In March, sales grew 0.7 percent. Food sales fell 1.1 percent from previous...

Thailand's central bank left its key interest rate unchanged in June for a fourth policy session in a row, though growth is expected to slow more-than-expected in coming quarters due to a weaker export outlook. The Monetary Policy Committee voted unanimously to keep the policy rate unchanged at 1.75...

French consumer confidence rose to a 14-month high in June, survey data from the statistical office Insee showed Wednesday. The consumer sentiment index climbed to 101 in June from 99 in May. The score was forecast to rise marginally to its long-term average of 100. A similar higher score was last...

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