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The services sector in China continued to expand in July, and at a faster rate, the latest survey from Caixin showed on Wednesday with a services PMI score of 54.9. That was up from 50.3 and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Underpinning...

The total value of retail sales in Australia was down a seasonally adjusted 1.8 percent on month in June, the Australian Bureau of Statistics said on Wednesday - coming in at A$30.590 billion. That was in line with expectations following the 0.4 percent increase in May. June was impacted heavily...

The services sector in Japan continued to contract in July, and at a faster rate, the latest survey from Jibun Bank showed on Wednesday with a services PMI score of 47.4. That's down from 48.0 in June and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction. The...

The private sector in Singapore picked up steam in July, the latest survey from Markit Economics revealed on Wednesday with a PMI score of 56.7. That's up from 50.1, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. A brief period of Phase 3 re-opening,...

The private sector in Hong Kong continued to expand in July, albeit at a slower pace, the latest survey from Markit Economics revealed on Wednesday with a PMI score of 51.3. That's down from 51.4, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The...

The services sector in Australia fell into contraction territory in July, the latest survey from Markit Economics showed on Wednesday with a services PMI score of 44.2. That's down sharply from 56.8 in June and it falls firmly beneath the boom-or-bust line of 50 that separates expansion from contraction. Business...

The unemployment rate in New Zealand came in at a seasonally adjusted 4.0 percent in the second quarter of 2021, Statistics New Zealand said on Wednesday. That beat expectations for a rate of 4.5 percent and was down from 4.7 percent in the previous three months. Employment was up 1.0 percent on...

New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The employment change is expected to increase 0.7 percent on quarter, up from 0.6 percent in Q1. The jobless rate is tipped to fall to 4.5 percent from 4.7 percent in the...

factory orders 080321 Partly reflecting a sharp increase in orders for non-durable goods, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured goods jumped more than expected in the month of June.

australia aug20 03aug21 Australia's central bank decided to continue with the scaling back of its bond purchases despite expectations for delaying the tapering process amid the restrictions in place in Sydney and other parts of the country. The policy board of the Reserve Bank of Australia headed by Governor Philip Lowe decided to leave its cash rate unchanged at a record low of 0.10 percent.

preview nov05 03aug21 Unemployment from Spain and producer prices from euro area are due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Spain's monthly unemployment data for July is due from the labor ministry. Unemployment declined by a record 166,911 in June.

Consumer prices in the Tokyo region were down 0.1 percent on year in July, the Ministry of Internal Affairs and communications said on Tuesday. That was in line with expectations following the flat reading in June. Core CPI, which excludes volatile food prices, was up an annual 0.1 percent - exceeding...

Consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday. That exceeded expectations for a flat reading following the 0.1 percent decline in June. On a yearly basis, inflation climbed 2.6 percent - again beating forecasts for 2.4...

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate steady at 0.20 percent. Australia also will...

construction spending 080221 A report released by the Commerce Department on Monday showed a modest increase in U.S. construction spending in the month of June. The Commerce Department construction spending crept up by 0.1 percent to an annual rate of $1.552 trillion in June after edging down by 0.2 percent to a revised rate of $1.551 trillion in May.

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