Economic Indicators
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Orders for U.S. Business Equipment Rise for Sixth Straight Month
(Bloomberg) -- Orders placed with U.S. manufacturers for business equipment strengthened in August, extending to six months a solid run of robust capital investment that’s helping fuel...
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Japan Consumer Prices Stop Falling for First Time in 13 Months
(Bloomberg) -- Japan’s consumer prices stopped falling in August for the first time in 13 months, ending the country’s longest deflationary stretch since 2011. Prices, excluding those for...
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U.S. Initial Jobless Claims Unexpectedly Rose for a Second Week
(Bloomberg) -- Applications for U.S. state unemployment benefits unexpectedly rose last week, a sign of choppy weekly data as the labor market continues its broad recovery.Initial...
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Fitch Cuts China’s Growth Forecast to 8.1% on Property Curbs
(Bloomberg) -- Fitch Ratings lowered China’s economic growth projections for 2021 and 2022 as a slowdown in the property market weighs on domestic demand. Gross domestic product is forecast...
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U.S. Housing Starts Rose by More Than Forecast in August
(Bloomberg) -- U.S. housing starts rose by more than expected in August, suggesting that the supply and labor constraints that have been holding back construction eased in the...
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U.S. Retail Sales Unexpectedly Jump in Sign of Resilient Demand
(Bloomberg) -- U.S. retail sales unexpectedly rose in August as a pickup in purchases across many categories more than offset weaker demand for vehicles. The value of overall retail...
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New Zealand Stellar GDP Sees Odds of a Rate Hike Jump
(Bloomberg) -- New Zealand’s better-than-expected economic growth data has seen traders ratchet up odds of an interest-rate hike next month, and also propelled the kiwi toward a key...
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Australian Employment Tumbles in August as Lockdown Hits
(Bloomberg) -- Australia’s economy shed more jobs than expected in August as an outbreak of the delta variant of coronavirus forced a prolonged lockdown in the nation’s two largest cities...
