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eurozone 112819 03jun20 The euro area unemployment rate increased only moderately in April despite containment measures implemented to prevent the spread of coronavirus, or Covid-19, across member countries. The jobless rate rose to a three-month high of 7.3 percent in April from 7.1 percent in March, data from Eurostat showed Wednesday. But this was below economists' forecast of 8.2 percent.

eurozonepmi nov23 03jun20 The euro area private sector contracted sharply in May despite an improvement from April as lockdown restrictions implemented to prevent the spread of coronavirus, loosened in many economies, survey results from IHS Markit showed on Wednesday. The final composite output index rose to 31.9 in May from April's record low 13.6. The score was above the flash reading of 30.5.

ukservicespmi jun05 03jun20 The UK service providers reported a steep reduction in business activity in May due to a fall in business and consumer spending amid the coronavirus, or Covid-19, pandemic, data from IHS Markit showed Wednesday. The final IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers' Index advanced to 29.0 in May from 13.4 in the previous month. This was above the flash est

chinaspmi 040418 03jun20 China's service sector expanded for the first time in four months in May amid an easing of measures implemented to curb the spread of coronavirus, or Covid-19, survey results from IHS Markit showed Wednesday. The services Purchasing Managers' Index advanced to 55.0 in May from 44.4 in April. A score above 50 indicates expansion.

preview oct19 03jun20 Unemployment and final Purchasing Managers' survey results from euro area are due on Wednesday, headlining a busy day for the European economic news. At 1.45 am ET, the Federal Statistical office releases Swiss GDP data for the first quarter. The economy is forecast to contract 2 percent sequentially after rising 0.3 percent in the fourth quarter.

trade Australia's gross domestic product dropped a seasonally adjusted 0.3 percent on quarter in the first three months of 2020, the Australian Bureau of Statistics said on Wednesday. That was in line with expectations following the 0.5 percent quarterly gain in the three months prior. On a yearly basis,...

ukhouseprices nov29 02jun20 UK house prices declined the most since 2009 as the impact of the coronavirus pandemic filtered through the property market in May, data from the Nationwide Building Society showed Tuesday. Elsewhere, data from the Bank of England showed that households repaid the highest amount of consumer credit on record in April and mortgage approvals plunged to a historic low as government restrictions to cu

reservebankofaustralia nov06 02jun20 Australia's central bank left its key interest rate and the target yield on three-year government bonds unchanged on Tuesday, as policymakers expect the economic downturn to be less severe than expected earlier. At the monetary policy meeting, the board of Reserve Bank of Australia, governed by Philip Lowe, decided to maintain cash rate and the targeted yield on three-year government bonds.

preview jun02 Mortgage approvals data from the UK is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to rise 2.8 percent on a yearly basis in May, slower than the 3.7 percent increase in April.

bank of korea 040915 South Korea's gross domestic product contracted a seasonally adjusted 1.3 percent on quarter in the first three months of 2020, the Bank of Korea said in Tuesday's preliminary reading. That's an upward revision from last month's advance estimate that suggested a decline of 1.4 percent on quarter following...

newzealandcpi 071510 The total number of building consents issued in New Zealand dropped a seasonally adjusted 6.5 percent on month in April, Statistics New Zealand said on Tuesday - coming in at 2,168 consents. That follows the downwardly revised 22.0 percent fall in April (originally -21.3 percent). In the year ended...

With continued optimism about the economy reducing the appeal safe havens like the U.S. dollar, the greenback has moved to the downside on Monday.

construcdtion spending 060120 While a report released by the Commerce Department on Monday showed a sharp pullback in U.S. construction spending in the month of April, the decrease was much smaller than economists had expected. The Commerce Department said construction spending tumbled by 2.9 percent to an annual rate of $1.346 trillion in April.

ism pmi 060120 Manufacturing activity in the U.S. contracted at a slightly slower rate in the month of May, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index rose to 43.1 in May from 41.5 in April, coming in just below economist estimates for a reading of 43.6.

eurozonepmi aug01 01jun20 The downturn in the euro area manufacturing sector eased noticeably in May as companies restarted work after coronavirus lockdown eased, final data from IHS Markit showed Monday. The manufacturing Purchasing Managers' Index improved to 39.4 in May from April's record low of 33.4. The flash reading was 39.5. A score below 50 suggests contraction.

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