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Australia CB Leading Index up by 0.5%

The Conference Board Leading Economic Index (LEI) for Australia increased 0.5 percent in June 2017 to 110.6 (2010=100). The Conference Board Coincident Economic Index (CEI) for Australia increased 0.3 percent in June 2017 to 112.0 (2010=100).

Brexit: UK publishes more EU negotiation plans

The UK government has set out proposals to ensure trade in goods and services can continue on the day the UK leaves the EU in March 2019. A position paper calls for goods already on the market to be allowed…

Is ECB ready to cut stimulus down?

There were no data releases from Eurozone today. Europe is getting back in the game, and the world economy is all the better for it. The European Central Bank shouldn't spend too much time worrying about whether its actions curb…

Rightmove report shows house prices down by 0.9%

Holiday season casts its usual shadow with price of property coming to market falling by 0.9% (-£2,758) this month. Climate of stretched affordability and clouded political outlook continue to chill the annual rate of increase to a national average of…

USD - Major events in the week ahead

Events that marked the week: On Tuesday Retail Sales data was published. U.S. retail sales advanced in July by the most this year, with widespread gains from department stores to building materials outlets that signal a robust start to consumer…

US Consumer Sentiment at a seven month high

Consumer sentiment climbed in August to a seven-month high as a measure of the outlook for the U.S. economy and personal finances registered the largest one-month advance since the end of 2011, according to University of Michigan survey data released…

Eurozone Current Account recorded a surplus of €21.2

The current account of the euro area recorded a surplus of €21.2 billion in June 2017. This reflected surpluses for goods (€27.4 billion), primary income (€4.6 billion) and services (€2.2 billion), which were partly offset by a deficit for secondary…

German PPI rose by 0.2%

In July 2017 the index of producer prices for industrial products rose by 2.3% compared with the corresponding month of the preceding year. In June 2017 the annual rate of change all over had been 2.4%, as reported by the…

U.S. Industrial Production rose by 0.2%

U.S. factory output fell in July, pulled down by tumbling auto production. The Federal Reserve says factory production dropped 0.1 percent last month. Overall industrial production — which adds output by mines and utilities — rose 0.2 percent. Mining output…

Unemployment Claims decreased to 232,000

In the week ending August 12, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 12,000 from the previous week's unrevised level of 244,000. The 4-week moving average was 240,500, a decrease of 500 from the…

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