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Key highlights of the week ended May 6
Mon, 09 May 2016 05:43:04 GMT
 
Atlanta Federal Reserve President Dennis Lockhart said that the UK's referendum on whether to leave the EU could "loom large" as the Fed weigh whether to hike interest rates at >>
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RBA downgrades sharply its inflation forecast
Fri, 06 May 2016 07:46:24 GMT
 
The Reserve Bank of Australia revised sharply downwards its inflation forecasts after slashing interest rates just days earlier due to weak first-quarter inflation data. >>
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Canada's building permits decline in March
Fri, 06 May 2016 07:35:07 GMT
 
Canada's building permits declined in March due to fewer planned projects in western Alberta, particularly within the commercial sector. >>
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UK services sector faces worth month of growth in 3 years
Fri, 06 May 2016 07:10:06 GMT
 
Britain's services sector faced its worst month of growth in more than three years in April, indicating a further slowdown in total GDP growth in the short term ahead of >>
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US jobless claims rise more than expected last week
Fri, 06 May 2016 06:59:03 GMT
 
The number of Americans applying for unemployment benefits increased more than expected last week, recording the biggest gain in more than a year, but the underlying trend still continued to >>
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Australia's retail sales rebound in March, trade deficit shrinks
Thu, 05 May 2016 07:28:13 GMT
 
Australia's retail sales recovered in March after a lacklustre start to the year, reflecting strong consumer confidence and improving job market conditions. >>
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Canada's trade deficit widens to record level in March, as exports plunge sharply
Thu, 05 May 2016 07:17:13 GMT
 
Canada's exports fell sharply in March and the country's trade deficit with the rest of the world widened to a record level, fuelling doubts on the strength of the recovery >>
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UK construction output falls more than expected
Thu, 05 May 2016 06:59:04 GMT
 
The UK's construction output rose at the slowest pace in nearly three years in April, suggesting the economy was losing steam before June's referendum on whether to leave the European >>
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US companies add 156,000 jobs in April
Thu, 05 May 2016 06:48:05 GMT
 
American private employers added the fewest workers in three years in April, considerably below economists' expectations, with signs of weak hiring activity across most sectors. >>
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Euro zone growth to be steady but slow in Q2
Thu, 05 May 2016 06:37:06 GMT
 
Economic growth in the Euro zone is likely to be steady but slow in the second quarter, underlying European Commission concerns that the currency area's recovery remains fragile and vulnerable to setbacks. >>
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New Zealand unemployment increases amid rise in labour participation
Wed, 04 May 2016 06:44:10 GMT
 
New Zealand's first quarter employment data showed unemployment rose as the participation and employment rate also increased. >>
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UK manufacturing sector encounters a surprise contraction in Apri
Wed, 04 May 2016 06:33:07 GMT
 
The UK manufacturing sector encountered a surprise contraction in April that reflected in the PMI, as it entered negative territory for the first time in 4 years, plummeting under the >>
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Brexit looms large; June is a "live meeting", Lockhart says
Wed, 04 May 2016 06:22:04 GMT
 
Atlanta Federal Reserve President Dennis Lockhart said that the UK's referendum on whether to leave the EU could "loom large" as the Fed weigh whether to hike interest rates at >>
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China Caixin manufacturing gauge slides further into contraction
Tue, 03 May 2016 07:04:13 GMT
 
Activity in China's manufacturing sector unexpectedly dropped further in April, fuelling doubts about whether Beijing's stimulus measures can sustain growth in the world's second-largest economy. >>
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RBA unexpectedly cuts OCR amid slowing inflation
Tue, 03 May 2016 06:53:03 GMT
 
The Reserve Bank of Australia surprised economists by slashing interest rates to a new historic low in a bid to reignite inflationary pressures. >>
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