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indonesia-jun20_19sep19.jpg Indonesia's central bank slashed its key interest rate in September for a third consecutive policy session, as it expects low inflation and weaker growth in the coming months, due to risks from trade tensions and global economic slowdown. The Board of Governors, led by Governor Perry Warjiyo, decided to reduce the 7-day reverse repo rate by 25 basis points to 5.25 percent.

australianflag-042910_19sep19.jpg Australia's budget returned to balance in the 2018-19 financial year for the first time since 2007-08, Federal Treasurer Josh Frydenberg said Thursday. According to the Final Budget Outcome for the 2018-19 financial year, the budget deficit was A$13.8 billion better than estimated at the time of the 2018-19 Budget. The deficit of A$690 million represented 0.0 percent of gross domestic product.

preview-sept19.jpg Interest rate announcements from the Bank of England and the Swiss National Bank are due on Thursday, headlining a busy day for the European economic news. At 3.30 am ET, the Swiss National Bank is set to announce its quarterly monetary policy assessment. The bank is expected to hold its new policy rate at -0.75 percent.

bankofjapan-jun20_18sep19.jpg The Bank of Japan kept its monetary policy unchanged as widely expected on Thursday, after the U.S. Federal Reserve resorted to further easing. The Policy Board of the BoJ voted 7-2 to maintain interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank.

newzealandcpi-071510.jpg New Zealand's gross domestic product was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 0.5 percent although it slowed from 0.6 percent in the first quarter. On an annualized yearly...

New Zealand's gross domestic product expanded a seasonally adjusted 0.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 0.5 percent although it slowed from 0.6 percent in the first quarter. On an annualized...

Australia will on Thursday release August figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is predicted to hold steady at 5.2 percent, with an increase of 15,000 jobs following the gain of 41,100 jobs in July. Japan also will see July results...

eccles-building-110818_18sep19.jpg After lowering interest rates for the first time in over a decade in late July, the Federal Reserve announced another interest rate cut following a two-day monetary policy meeting that ended on Wednesday. The Fed revealed its widely expected decision to cut rates by another 25 basis points, lowering the target range for the federal funds rate to 1-3/4 to 2 percent.

homebuilding-091819.jpg New residential construction in the U.S. showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Wednesday. The report said housing starts soared by 12.3 percent to an annual rate of 1.364 million in August after slumping by 1.5 percent to a revised rate of 1.215 million in July.

bankofengland-3-fx_18sep19.jpg The Bank of England is set to hold its key interest rate steady on Thursday, at the final policy session ahead of the Brexit scheduled on October 31. Policymakers are likely to retain the interest rate at 0.75 percent and quantitative easing at GBP 435 billion. The announcement is due at 7.00 am ET.

eurozoneflag-aug23_18sep19.jpg Eurozone inflation was stable in August at its lowest level in nearly three years, latest data from the Eurostat showed on Wednesday, confirming the preliminary estimates released on August 30. Headline inflation was 1 percent in August, the same as in July. The rate was the lowest since November 2016.

ukinflation-071719_18sep19.jpg UK consumer price inflation eased to a 32-month low in August as computer games and clothing turned cheaper, data from the Office for National Statistics showed Wednesday. Consumer price inflation eased to 1.7 percent from 2.1 percent in July. The rate was forecast to ease moderately to 1.9 percent. This was the lowest rate since December 2016 and well below the central bank's 2 percent target.

preview-sept18.jpg Consumer and producer prices data from the UK is due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, average gross wages data from Poland is due. Economists forecast average gross wages to rise 6.8 percent annually in August after climbing 7.4 percent in July. In the meantime, Statistics Austria publishes August inflation figures.

Japan posted a merchandise trade deficit of 136.329 billion yen in August, the Ministry of Finance said on Wednesday. That beat forecasts for a shortfall of 365.4 billion yen following the 250.7 billion yen deficit in July. Exports were down 8.2 percent on year to 6.140 trillion yen, also topping...

New Zealand had a current account deficit of NZ$759 million in the second quarter of 2019, Statistics New Zealand said on Wednesday. That beat forecasts for a shortfall of NZ$790 million following the NZ$675 million surplus in the three months prior. New Zealand's seasonally adjusted current account...

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