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reservebankofaustralia 200619 07jul20 Australia's central bank kept its key interest rate at a record low and the target yield on three-year government bonds unchanged, and vowed to maintain its accommodative approach as long as required amid the global coronavirus pandemic. 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 nov05 07jul20 Industrial production from Germany and house prices from the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for May. Economists forecast output to grow 10 percent on month, in contrast to a 17.9 percent fall in April.

South Korea posted a current account surplus of $2.29 billion in May, the Bank of Korea said on Tuesday - following the $3.12 billion deficit in April. The goods account surplus narrowed to $2.50 billion, compared to $5.50 billion in May 2019. The services account deficit fell to $0.48 billion from...

The U.S. dollar shed ground against its major rivals on Monday as risk sentiment improved after global stock markets scored strong gains after Chinese stocks rallied on optimism about economic recovery.

ism non manufacturing 070620 In the latest sign of the rapid economic recovery, the Institute for Supply Management released a report on Monday showing a substantial turnaround in U.S. service sector activity in the month of June. The ISM said its non-manufacturing index spiked to 57.1 in June from 45.4 in May, with a reading above 50 indicting an increase in service sector activity.

eurozoneflag aug23 06jul20 Eurozone investor confidence improved for the third straight month in July but outlook remained weak as the economy is expected to recover only slowly, survey results from the behavioral research firm Sentix showed Monday. As member countries began easing the covid-19 containment measures, retail sales rebounded at a faster than expected pace in May, official data showed.

germanyindustrial aug07 06jul20 Germany's factory orders recovered on robust demand from both domestic and foreign markets in May as containment measures taken to curb the spread of coronavirus were relaxed, data released by Destatis revealed Monday. Factory orders advanced 10.4 percent month-on-month in May, reversing a sharp 26.2 percent fall posted in April. This was the first increase in four months.

germanypreview aug14 05jul20 Factory orders from Germany and retail sales from euro area are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's factory orders data. Orders are forecast to climb 15 percent on month in May, in contrast to a 25.8 percent decline posted in April.

eurozonepmi nov23 03jul20 Eurozone private sector activity rebounded in June, as businesses reopened despite challenging economic conditions posed by the coronavirus pandemic, final data from IHS Markit showed Friday. The final composite output index climbed to 48.5 in June from 31.9 in the previous month. The flash score was 47.5. Both manufacturing output and service sector activity continued to fall in June.

uk dec18 03jul20 The pace of deterioration in the UK service sector slowed sharply in June, as more businesses reopened and started operating after meeting the social distancing requirements meant to fight the coronavirus, or Covid-19, pandemic. The final CIPS UK services Purchasing Managers' Index, or PMI, climbed...

singapore jan07 03jul20 Singapore's retail sales fell at a record pace in May due to the lockdown measures imposed to prevent the spread of the coronavirus, or Covid-19, pandemic, official data showed on Friday. Retail sales plummeted 52.1 percent year-on-year, which was the biggest fall since the series began in 1986,...

chinapmi sept05 03jul20 China's service sector expanded at the fastest pace in more than a decade in June, driven by strong orders as measures related to the coronavirus pandemic were relaxed, survey data from IHS Markit showed Friday. The Caixin services Purchasing Managers' Index rose to 58.4 in June from 55.0 in May. The rate of expansion was the fastest since April 2010. A score above 50 indicates expansion in the s

previewimage aug03 03jul20 Final composite Purchasing Managers' survey data from euro area is due on Friday, headlining a busy day for the European economic news. At 3.00 am ET, consumer and producer prices figures are due from Turkey. Inflation is expected to rise to 12.09 percent in June from 11.39 percent in May.

After staying weak till about the end of the Asian session, the U.S. dollar rebounded in late morning trades on Monday, and moved above the flat line rest of the session amid reports showing a surge in number of new coronavirus cases.

factory orders2 070220 New orders for U.S. manufactured goods showed a substantial rebound in the month of May, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders spiked by 8.0 percent in May after plunging by a revised 13.5 percent in April.

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