U.S. Consumer Confidence Unexpectedly Improves In February
Consumer confidence in the U.S. unexpectedly improved in the month of February, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index climbed to 114.8 in February after falling to a revised 111.6 in January.
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Australia Leaves Key Rate Unchanged At Record Low
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Australia's central bank kept its key interest rate unchanged at a record low on Tuesday as economists had expected.
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U.S. Employment Jumps More Than Expected In February
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Reinforcing expectations of an interest rate hike by the Federal Reserve next week, the Labor Department released a report on Friday showing stronger than expected job growth in the month of February.
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U.S. Producer Prices Rise More Than Expected In February
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Wholesale prices rose again in February, according to new data released by the government on Tuesday. The pace of growth slowed notably from the previous month, but the advance was stronger than economists had expected. Core prices increased as well, posting the highest rate of growth in 10 months.
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UK To Trigger Article 50 On March 29
British Prime Minister Theresa May will invoke the Article 50 of the Lisbon Treaty next Wednesday, March 29, thus formally beginning the process of exiting the European Union and paving the way for talks on trade and future relations, which should conclude in two years.
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U.S. Job Growth Slows Much More Than Expected In March
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Employment in the U.S. rose by much less than anticipated in the month of March, according to a report released by the Labor Department on Friday, although the unemployment rate still fell to its lowest level in almost ten years. The report said non-farm payroll employment climbed by 98,000 jobs in March.
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Australia Jobless Rate Steady At 5.9%; 60,900 Jobs Added
The unemployment rate in Australia was unchanged at a seasonally adjusted 5.9 percent in March, the Australian Bureau of Statistics said on Thursday.
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China Q1 GDP Growth Improves Unexpectedly
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China's economic growth improved unexpectedly in the three months ended March, though slightly, figures from the National Bureau of Statistics showed Monday.
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China-US Trade Dispute To Impact South Korean Economy: KDI
In the face of a China-US trade dispute, domestic demand in both economies will shrink, which in turn would negatively influence the South Korean economy, the think tank Korea Development Institute said Monday.
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IMF's Lagarde Says French Election Raises Political Uncertainty
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France's presidential election is adding to the existing political uncertainty worldwide as it raises several questions on the future of the euro area, the International Monetary Fund Managing Director Christine Lagarde said Tuesday.
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