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Wed, 10 Jun 2015 06:01:06 GMT

China consumer inflation eases to 1.2% in May

China's consumer inflation declined in May, while factory prices slumped under pressure from a slowing economy, fuelling concerns about deflationary pressure in the world's second-biggest economy.

Wed, 10 Jun 2015 05:45:04 GMT

UK trade deficit shrinks more than expected in April, offering boost to UK economy

The UK's trade deficit with the rest of world shrank more than expected in April, which might boost the UK economy. The British economy logged a 1.2 billion pound trade gap, down from 3.1 billion pounds in March.

Wed, 10 Jun 2015 05:34:04 GMT

US labour market continues to strengthen

The number of job openings hit the highest level on record in April, according to the Labor Department, adding to signs of health in the US labour market.

Tue, 09 Jun 2015 06:26:04 GMT

Australian business confidence increase in May amid interest rate cut

Australian businesses felt much more upbeat in May as the Reserve Bank of Australia made operating conditions easier by cutting interest rates to a record low, according to National Bank of Australia.

Tue, 09 Jun 2015 06:15:06 GMT

China logs near record trade surplus in May, with exports falling less-than-expected

While China's exports dropped less than expected in May, a double-digit fall in imports is likely to keep pressure on the Chinese government to add more stimulus to prevent a sharper economic slowdown of the world's second biggest economy.

Tue, 09 Jun 2015 06:04:04 GMT

Canada's housing starts at one-year high, building permits soar 11.6%

Canada's housing starts rose to the highest level in nearly a year in May, led by an advance in multiple-unit construction, including apartments and condos.

Tue, 09 Jun 2015 05:38:04 GMT

German exports, industrial output rise in April

The German economy continues to post a better-than-expected data, with the nation's exports and industrial output rising more sharply than predicted in April.

Mon, 08 Jun 2015 06:23:04 GMT

Canada's economy creates 59K jobs, unemployment rate remains at 6.8%

Canada's labour force received a boost in May, largely due to a surge in in private-sector work that more than offset April's losses, Statistics Canada said.

Mon, 08 Jun 2015 06:12:04 GMT

Japan's economy grows 3.9% in Q1

Economic growth of Japan, the world's third biggest economy, was revised sharply to the upside in the first quarter, underscoring the Bank of Japan's belief that recovery from last year's recession is gaining steam.

Mon, 08 Jun 2015 06:01:05 GMT

US employers add 280K jobs, yet unemployment rate rises to 5.5%

American employers added considerably more jobs in May than expected, according to the Labor Department, alleviating worries about the US economy's momentum following a stretch of tepid growth earlier this year.

Mon, 08 Jun 2015 05:50:04 GMT

German factory orders rise 1.4%

German factory orders rose for a second month in a row in April, the Economics Ministry said.

Mon, 08 Jun 2015 05:39:03 GMT

Key highlights of the week ended June 5

Euro zoneFor the first time this year, consumer prices across the 19-country currency bloc edged higher, easing fears that the Euro zone is set for a prolonged Japan-style era of deflation. Consumer prices across the Euro bloc climbed 0.3% last month from the year before, with energy prices becoming less of a drag. More surprisingly, core inflation, which excludes volatile

Fri, 05 Jun 2015 06:42:04 GMT

Canada's Ivey PMI unexpectedly rises to 62.3

Purchasing activity in Canada unexpectedly accelerated last month, with the corresponding gauge jumping above the 62.0 level.

Fri, 05 Jun 2015 06:31:05 GMT

Australia's retail sales remain flat, trade deficit balloons

Australia's retail sales remained unchanged in April from March, against economists' expectations for a 0.3% gain.

Fri, 05 Jun 2015 06:20:04 GMT

BoE keeps benchmark rate unchanged amid negative inflation and slow growth

The Bank of England decided to keep its benchmark interest rate at 0.5%, unchanged at the lowest level since 2009. All of the nine MPC's members voted unanimously to hold the UK interest rate in order to wait for recovery rebound.

Fri, 05 Jun 2015 06:09:05 GMT

US unemployment claims decline to 276K, non-farm productivity plunges in Q1

The number of Americans, who sought unemployment benefits last week, dropped, a sign that job cuts stay low as employers remain confident enough in the business outlook to keep their personnel.

Fri, 05 Jun 2015 05:58:04 GMT

Greece delays its repayment to IMF, remains far away from striking deal with creditors

The Greek government decided to postpone its June 5 payment to the International Monetary Fund, becoming the first country to delay a payment to the international lender of last resort since the 1980s.

Thu, 04 Jun 2015 06:36:04 GMT

Canada's logs near record trade deficit in April, as both imports and exports drop

Canada logged near record trade deficit in April, when both imports and exports dropped in another sign of challenges facing the economy, Statistics Canada data showed.

Thu, 04 Jun 2015 06:25:04 GMT

China's services sector activity expands, with services PMI rising to 8-month high

Some upbeat signs emerged from China's services sector, where activity expanded briskly in May.

Thu, 04 Jun 2015 06:14:03 GMT

Activity in UK services sector slows in May

Activity growth in the UK economy's engine, the services sector, slowed, questioning the economy's ability to recover from a soft start to the year.

Thu, 04 Jun 2015 06:03:05 GMT

US factory orders drops in April, as manufacturers struggle amid strong Dollar

The world's biggest economy created more private sector jobs in May compared with the preceding month and overshot analysts' expectations, according to the latest ADP report.

Thu, 04 Jun 2015 05:52:04 GMT

ECB keeps rates unchanged, revises inflation outlook, while keeps GDP projections unchanged

The European Central Bank left its benchmark rates unchanged at their all-time lows for already the seventh consecutive rate-setting meeting.

Wed, 03 Jun 2015 06:17:04 GMT

Australia's economy grows a robust 0.9% in Q1

Australia's gross domestic product grew more than expected in the first quarter, as a pick-up in mining export volumes, household spending and retail stock managed to offset sluggish investment.

Wed, 03 Jun 2015 06:06:04 GMT

UK construction PMI rebounds in May from 22-month low

UK construction sector recovered in May from the lowest level in almost two years in April.

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