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UK Unemployment Rate Falls Unexpectedly

Despite restrictions related to the coronavirus pandemic, the UK unemployment rate dropped unexpectedly in the three months to February as the government continues its job furlough scheme. The jobless rate fell to 4.9 percent in three months to February, data Read More →

U.S. Homebuilder Confidence Improves Modestly In April

Reflecting strong buyer demand, the National Association of Home Builders released a report on Thursday showing a modest increase in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to Read More →

European Economics Preview: UK GDP, Foreign Trade Data Due

Monthly GDP, foreign trade and industrial production from the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK monthly GDP estimate, industrial output and Read More →

China’s Exports Rise Less Than Expected In March

China's exports logged a double-digit growth in March but at a slower than expected pace, while imports growth exceeded expectations, data from the customs office showed on Tuesday. Exports increased 30.6 percent year-on-year in March, slower than the forecast of Read More →

UK Economy Recovers In February

The UK economy recovered in February despite the coronavirus lockdown restrictions being in place, data from the Office for National Statistics revealed Tuesday. Gross domestic product grew 0.4 percent monthly, following a revised 2.2 percent fall in January. Nonetheless, this Read More →

Japan Core Machine Orders Plummet 8.5% On Month In February

The value of core machine orders in Japan tumbled a seasonally adjusted 8.5 percent on month in February, the Cabinet Office said on Wednesday - coming in at 769.8 billion yen.Original Article Read More →

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