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Economy And The Numbers

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eurozoneflag-aug23_20jun19.jpg Eurozone consumer confidence dropped sharply in June, almost entirely erasing May's gain, amid rising concerns regarding the weaker outlook for the global economy, preliminary figures from the European Commission showed on Thursday. The flash consumer confidence index declined to -7.2 from -6.5 in May. Economists had expected the index to remain unchanged. In April, the reading was -7.3.

norway-jun20.jpg Norway's central bank raised its key interest rate in June, as it guided earlier, and signaled that more hikes are likely this year, citing stronger-than-expected growth and inflation hovering near target. The Executive Board decided to raise the policy rate by 0.25 percentage point to 1.25 percent, the Norges Bank said Thursday.

economicdata-062019.jpg With positive contributions from financial conditions and consumers' outlook offset by weakness in stock prices and the manufacturing sector, the Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators was unchanged in the month of May. The Conference Board said its leading economic index was unchanged in May after inching up by 0.1 percent in April.

bankofengland-jun20.jpg The Bank of England maintained its interest rate and quantitative easing on Thursday, but downgraded its near-term growth projection as downside risks increased amid trade disputes and no-deal Brexit fears. The nine-member Monetary Policy Committee, led by Governor Mark Carney, unanimously decided to hold the bank rate at 0.75 percent.

philadelphiafed-062019.jpg Philadelphia-area manufacturing activity was nearly stagnant in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current general activity tumbled to 0.3 in June from 16.6 in May.

joblessclaims-062019.jpg A report released by the Labor Department on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 15th. The report said initial jobless claims dipped to 216,000, a decrease of 6,000 from the previous week's unrevised level of 222,000.

Philadelphia-area manufacturing activity was nearly stagnant in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

indonesia-jun20.jpg Indonesia's central bank left its key interest rate unchanged for a seventh month in a row in June, but cut the reserve requirement for banks to ensure adequate liquidity to boost lending, and signaled that rates are set to be reduced in future. The Board of Governors decided to hold the 7-day reverse repo rate at 6 percent, the Bank Indonesia said Thursday, in line with economists' expectations.

A report released by the Labor Department on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 15th.

The Bank of England maintained its interest rate and quantitative easing, as widely expected, but downgraded growth projection for the second quarter. The nine-member Monetary Policy Committee, led by Governor Mark Carney, unanimously decided to hold the bank rate at 0.75 percent, the bank said in...

Switzerland's exports fell for the third month in May, while imports rose, data from the Federal Customs Administration showed on Thursday. Exports declined a real 1.2 percent month-on-month in May, following a 0.3 percent fall in April, which was revised from a 0.6 percent. On a monthly basis,...

Slovenia's output prices slowed in May after rising in the previous month, figures from the Statistical Office of the Republic of Slovenia showed on Thursday. Output prices climbed 1.0 percent year-on-year in May, following a 1.2 percent increase in April. Among the main industrial groups, electricity...

Japan's industrial activity rose for the first time in three months in April, figures from the Ministry of Economy, Trade and Industry showed on Thursday. The all industry activity index rose 0.9 percent month-on-month in April, after a 0.3 percent fall in March. Economists had expected a 0.7 percent...

Denmark's consumer confidence fell slightly in June, survey data from Statistics Denmark showed on Thursday. The consumer confidence index fell to 5.8 in June from 5.9 in May. The index measuring consumer's view regarding the past economic situation in Denmark increased to 10.2 in June from 8.0...

Turkey's consumer confidence rose in June after falling in the previous month, figures from the Turkish Statistical Institute showed on Thursday. The consumer confidence index rose to 57.6 in June from 55.3 in April. The index showing the financial expectations for the next twelve months increased...

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