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weekly-jobless2-021320.jpg First-time claims for U.S. unemployment benefits inched up by less than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 205,000, an increase of 2,000 from the previous week's revised level of 203,000.

eurozone-july30_13feb20.jpg The European Commission retained its growth outlook for the 19-nation currency bloc, but cited the outbreak of coronavirus as a key downside risk, after the 'Phase One' trade deal between the US and China reduced tensions to some extent. According to the commission, the European economy remains on a path of steady and moderate growth.

preview-sept20_12feb20.jpg The winter 2020 economic forecast from the European Commission is due on Thursday, headlining a light day for the European economic news. At 1.30 am ET, France unemployment data is due. The jobless rate is forecast to fall to 8.5 percent in the fourth quarter from 8.6 percent in the third quarter.

Producer prices in Japan were up 0.2 percent on month in January, the Bank of Japan said on Thursday. That exceeded expectations for a flat reading following the 0.1 percent increase in December. On a yearly basis, producer prices jumped 1.7 percent - again beating forecasts for 1.5 percent and...

Japan is on Thursday scheduled to release January figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are predicted to be flat on month and up 1.5 percent on year after adding 0.1 percent on month and 0.9 percent on year in December. Australia...

malaysia-062812_12feb20.jpg Malaysia's economy grew at the slowest pace in a decade in the fourth quarter, largely due to the supply disruptions, official data revealed Wednesday. Gross domestic product grew 3.6 percent year-on-year in the fourth quarter, slower than the 4.4 percent expansion seen in the third quarter. This was the weakest growth since 2009 and well below the forecast of 4.2 percent.

riksbank-021517_12feb20.jpg Sweden's central bank maintained its key interest rate, after lifting it from negative territory in December, and signaled that rates will remain zero for a prolonged period. The Executive Board of Riksbank decided to keep its repo rate unchanged at zero percent, as widely expected, on Wednesday. The repo rate remained negative since the start of 2015 until December 2019.

preview-oct30_11feb20.jpg Industrial production from euro area is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, December industrial output data is due from Romania. Production had fallen 0.2 percent on month in November.

The M2 money stock in Japan was up 2.8 percent on year in January, the Bank of Japan said on Wednesday - coming in at 1,042.9 trillion yen. That exceeded expectations for an increase of 2.7 percent, which would have been unchanged from the December reading. The M3 money stock was up an annual 2.3...

newzealandcpi-071510.jpg The total value of credit card spending in New Zealand added a seasonally adjusted 0.3 percent on month in January, Statistics New Zealand said on Wednesday. That was in line with expectations following the 0.6 percent decline in December. Retail credit card spending fell 0.1 percent on month,...

The total value of credit card spending in New Zealand was up a seasonally adjusted 0.3 percent on month in January, Statistics New Zealand said on Wednesday. That was in line with expectations following the 0.6 percent decline in December. Retail credit card spending fell 0.1 percent on month,...

The Reserve Bank of New Zealand will wrap up its monetary policy decision on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNZ is widely expected to leave its Official Cash Rate unchanged at 1.00 percent. New Zealand...

jerome-powell-112818_11feb20.jpg Federal Reserve Chairman Jerome Powell said the central bank is closely monitoring the emergence of the coronavirus in testimony before the House Financial Services Committee on Tuesday. Powell noted in prepared remarks that some of the uncertainties around trade have diminished following the signing of the phase one U.S.-China trade deal but cautioned risks to the outlook remain.

ukgdp-oct10_11feb20.jpg The UK economy stalled in the fourth quarter as uncertainty around Brexit and the general election weighed on investment and spending, first estimates from the Office for National Statistics showed Tuesday. Gross domestic product remained unchanged from the previous three months, as expected, after expanding by a revised 0.5 percent in the third quarter.

Australia will on Tuesday release December numbers for new home loans, setting the pace for a modest day in Asia-Pacific economic activity. Loans are expected to rise 1.6 percent on month, slowing from 1.8 percent in November. Investment lending is also seen higher by 1.6 percent on month, down from...

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