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theworldbank 041317 31mar20 Developing economies in East Asia and the Pacific are facing the prospect of a global financial shock and recession and more people are set to remain poor, thanks to the coronavirus, or Covid-19, outbreak, the World Bank said in a report late Monday. "Significant economic pain seems unavoidable in all countries," the World Bank said in a report.

consumer 110918 31mar20 Reflecting a deterioration in the short-term outlook, the Conference Board released a report on Tuesday showing a notable decrease in U.S. consumer confidence in the month of March. The Conference Board said its consumer confidence index slumped to 120.0 in March from an upwardly revised 132.6 in February.

chicago pmi 033120 A report released by MNI Indicators on Tuesday showed a continued contraction in Chicago-area business activity in the month of March. MNI Indicators said its Chicago business barometer fell to 47.8 in March from 49.0 in February, with a reading below 50 indicating a contraction in regional business activity.

germany unemployement 032918 31mar20 German unemployment increased less than expected in March ahead of strict containment measures taken by the government to curb the spread of coronavirus, data published by the Federal Employment Agency showed on Tuesday. The number of people out of work rose by 1,000 in March, after falling by 8,000 in February. However, economists were forecasting an increase of 29,000.

eurozoneflag feb01 31mar20 Eurozone inflation slowed more-than-expected in March largely driven by falling energy prices as the spread of coronavirus pulled down economic activity, flash data from Eurostat showed Tuesday. Inflation eased to 0.7 percent from 1.2 percent in February. The rate was expected to slow to 0.8 percent. A similar lower rate was last seen in October.

china pmi 070317 31mar20 China's private sector returned to expansion territory unexpectedly in March despite the outbreak of coronavirus weighing on economic activity, official survey data showed Tuesday. The composite output index climbed to 53.0 from 28.9 a month ago, survey results published by the National Bureau of Statistics showed Tuesday. A score above 50 indicates expansion.

ukpmi aug03 31mar20 The UK economy logged a flat growth in the fourth quarter, as initially estimated, data from the Office for National Statistics showed Tuesday. Gross domestic product remained unchanged on quarter, as estimated, after expanding 0.5 percent in the third quarter.

preview march31 Unemployment from Germany and flash inflation from euro area are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is set to issue Germany's import prices for February. Economists forecast prices to fall 1.5 percent on year after easing 0.9 percent in January. At 2.45 am ET, flash consumer prices and household spending from France are due.

japan machinery orders 04072011 1 Industrial production in Japan advanced a seasonally adjusted 0.4 percent on month in February, the Ministry of Economy, Trade and Industry said in Tuesday's preliminary reading. That beat forecasts for a flat reading following the 1.0 percent increase in January. On a yearly basis, industrial...

foreximg 300413 Industrial production in South Korea dropped a seasonally adjusted 3.8 percent on month in February, Statistics Korea said on Tuesday - following the 1.3 percent decline in January. On a yearly basis, industrial production jumped 11.4 percent after sliding 2.6 percent in the previous month. The...

The U.S. dollar firmed up against all major currencies on Monday with governments across the globe resorting to strict lock down rules, and working overtime to come out with steps including more monetary easing measures.

pendinghomesales 033020 Pointing to a healthy housing market before the coronavirus-induced shutdown, the National Association of Realtors released a report on Monday showing an unexpected jump in pending home sales in the month of February.

eurozoneflag aug23 30mar20 Eurozone economic confidence logged its strongest monthly decline on record in March as the spread of coronavirus weighed across all sectors. According to the monthly survey from the European Commission, the economic confidence index fell sharply to 94.5 in March from 103.4 in February. However, the reading was above economists' forecast of 91.6.

peoplesbankofchina 031617 30mar20 China's central bank reduced its reverse repurchase rate unexpectedly by 20 basis points on Monday, as policymakers see the need for more easing measures to tackle the downturn caused by the coronavirus epidemic. The People's Bank of China decided to lower the 7-day reverse repo rate to 2.20 percent from 2.40 percent. The central bank injected CNY 50 billion into the financial system.

preview march30 Economic confidence data from euro area and consumer prices from Germany are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, UK Nationwide Building Society is set to release house price data. Economists forecast house prices to rise 2.1 percent on year in March, slower than the 2.3 percent rise in February.

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