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ukpound-aug21.jpg The UK budget balance showed a small surplus in July, figures from the Office for National Statistics showed Wednesday. Public sector net borrowing excluding public sector banks was in GBP 1.3 billion surplus in July. This was smaller by GBP 2.2 billion from July 2018 and also remained below economists' forecast of GBP 2.7 billion.

preview-aug21.jpg Public sector finance data from the UK is due on Wednesday, headlining a light day for the European economic news. At 12.30 am ET, Dutch consumer spending and consumer confidence reports are due. At 2.00 am ET, Statistics Norway is scheduled to issue unemployment data for June. The jobless rate is seen unchanged at 3.4 percent in June.

New Zealand will on Wednesday release July figures for credit card spending, highlighting a light day for Asia-Pacific economic activity. In June, credit card spending was up 1.5 percent on month and 6.6 percent on year. Australia will see July numbers for skilled vacancies and for the leading economic...

australiacentralbank-082019.jpg The Reserve Bank of Australia would consider further monetary easing if needed to underpin sustainable growth and inflation and reviewed various unconventional policy loosening measures, according to the minutes of the meeting held in August. At the meeting, policymakers assessed it appropriate to view the developments in both global and domestic economies before cutting rates further.

preview-aug20.jpg Producer price data from Germany is due on Tuesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes July unemployment report. The jobless rate stood at 6.2 percent in June. At 2.00 am ET, Destatis is scheduled to issue Germany's producer price data. Prices are forecast to rise 1 percent annually in July after climbing 1.2 percent in June.

The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on August 6, highlighting a light day for Asia-Pacific economic activity. At the meeting, the RBA left its key interest rate unchanged at a record low of 1.00 percent after cutting the rate by 25 basis...

multibrandwarehouse-jun06_19aug19.jpg The German economy could shrink further in the third quarter as the slowdown in the industry continues and this is set to gradually affect some parts of the service sector, the Bundesbank said in its monthly report, released Monday. Official estimates revealed last week that the biggest euro area economy contracted 0.1 percent in the second quarter.

thailandgdp-081919.jpg Thailand's economic growth outlook was downgraded further after the economy logged its weakest growth in five years in the second quarter due to subdued domestic demand and exports. Gross domestic product expanded 2.3 percent year-on-year in the second quarter, slower than the 2.8 percent increase seen in the first quarter, the National Economic and Social Development Council said Monday.

preview-aug19.jpg Final inflation from euro area is due on Monday, headlining a light day for the European economic news. At 3.00 am ET, Statistics Austria is scheduled to release July consumer price data. Inflation had slowed to 1.6 percent in June from 1.7 percent in May. In the meantime, retail sales figures are due from Turkey. Also July consumer price data from Slovakia is due.

Japan posted a merchandise trade deficit of 249.6 billion yen in July, the Ministry of Finance said on Monday. That missed expectations for a shortfall of 194.5 billion yen following the 589.5 billion yen deficit in June. Exports were down 1.6 percent on year, topping forecasts for a decline of...

newzealandcpi-071510.jpg Producer price inputs in New Zealand climbed 0.3 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Monday - following the 0.9 percent drop in the three months prior. Producer price outputs advanced 0.5 percent on quarter after sliding 0.5 percent in the previous three...

Producer price inputs in New Zealand were up 0.3 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Monday - following the 0.9 percent drop in the three months prior. Producer price outputs advanced 0.5 percent on quarter after sliding 0.5 percent in the previous three...

The services sector in New Zealand continued to expand in July, and at a faster rate, the latest survey from Business NZ revealed on Monday with a Performance of Services Index score of 54.7. That's up from 53.0 in June and it moves further above the boom-or-bust line of 50 that separates expansion...

Japan will on Monday release July numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to fall 2.3 percent on year after sliding 5.2 percent in June. Exports are also called lower by an annual; 2.3 percent after skidding...

consumer-shopping-081619.jpg Consumer sentiment in the U.S. has seen a significant deterioration in the month of August, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index tumbled to 92.1 in August after inching up to 98.4 in July. Economists had expected the index to dip to 97.2.

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