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preview oct24 12aug20 Quarterly national accounts from the UK and industrial production from euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is set to issue UK quarterly GDP, industrial production and foreign trade data. The economy is forecast to contract 20.5 percent sequentially in the second quarter after easing 2.2 percent.

newzealandcentralbank sept25 11aug20 New Zealand central bank expanded the asset purchase programme unexpectedly on Wednesday as downside risk to the outlook remains amid global economic disruption caused by the coronavirus pandemic. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to expand the Large Scale Asset Purchase programme up to NZ$100 billion and also agreed that a package of additional monetary in

us ppi 081120 Partly reflecting a notable increase in prices for services, the Labor Department released a report on Tuesday showing U.S. producer prices climbed by more than expected in the month of July. The Labor Department said its producer price index for final demand rose by 0.6 percent in July after dipping by 0.2 percent in June.

germanyeconomic oct16 11aug20 Germany's economic confidence improved unexpectedly in August on hopes of a speedy recovery from the coronavirus pandemic driven downturn, survey data from the ZEW - Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment increased unexpectedly to 71.5 in August from 59.3 in July. The score was forecast to fall to 58.0.

uk export factory 051117 11aug20 UK employment declined the most since the global financial crisis of 2009 as the coronavirus pandemic took its toll on the labor market, data from the Office for National Statistics showed Tuesday. As the lockdown and social distancing to curb the spread of the Covid-19 weighed on job creation, employment declined by 220,000 from the previous quarter to 32.92 million in the second quarter.

preview2 sept20 11aug20 Labor market statistics from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news. At 1.00 am ET, July unemployment data is due from Sweden. The jobless rate stood at 9 percent in June.

A California court ruled that Uber and Lyft must classify their drivers as employees in a preliminary injunction issued on Monday. However, the court has stayed the injunction for 10 days to allow the ride-hailing service providers to appeal the decision.

singaporegdp 071219 Singapore's gross domestic product dropped 13.2 percent on year in the second quarter of 2020, the Ministry of Trade and Industry said in Tuesday's final report. That was in line with expectations following the upwardly revised 0.3 percent contraction in the three months prior (originally -0.7 percent). On...

newzealandcpi 071510 The total value of credit card spending in New Zealand added a seasonally adjusted 1.2 percent on month in June (1.1 percent unadjusted), Statistics New Zealand said on Tuesday. That was well shy of expectations for a gain of 13.8 percent following the 16.3 percent jump in June. On a yearly basis,...

The U.S. dollar exhibited strength against other major currencies on Monday amid the ongoing tensions between the U.S. and China, and U.S. President Donald Trump signing executive orders aimed at extending coronavirus relief to Americans.

chinaconsumerprices2 may12 10aug20 China's consumer price inflation accelerated in July on higher food costs as regional flooding disrupted transportation, and the decline in factory gate prices slowed further reflecting the recovery in economic activity, official data showed Monday. Inflation rose to 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. The rate was marginally above economists'

preview oct22 10aug20 Investor confidence data from euro area is due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes industrial production figures for June. Production had declined 3.8 percent annually in May.

The U.S. dollar exhibited strength against its peers on Friday after data showed a bigger than expected increase in U.S. employment in the month of July.

dollar 080219 07aug20 The U.S. dollar spiked higher against its major counterparts in the European session on Friday, as a data showed that U.S. jobs growth improved more than forecast in July, suggesting a continued recovery in the labor market despite the virus outbreak. Data from the Labor Department showed that employment...

unemploymentrate2 080720 Employment in the U.S. increased by more than expected in the month of July, according to a report released by the Labor Department on Friday.

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