Market Pulse - Currencies
US foreign trade deficit narrows as expected in April
America's shortfall on trade with the rest of the world narrowed in April.
US pending home sales surprise sharply to the upside in June
A closely-followed indicator of US home sales surprised strongly to the upside in May.
US private sector payrolls grow more quickly than expected in June
Hiring in America strengthened by more than expected in June, as services sector firms, especially in Leisure and Hospitality, added to their payrolls.
BoE's Haldane warns inflation headed towards 4 per cent
Andrew Haldane warned in his last speech as the Bank of England's chief economist that policymakers risked losing control of inflation.
Berenberg stands by UK, euro area GDP forecasts despite Delta variant
Rising rates of Covid-19 infections across the Continent due to the new Delta variant won't hit economic activity significantly, but the risks need to be carefully monitored, economists at Berenberg said.
US consumer confidence recovers level from before start of Covid-19 pandemic
Americans' confidence in the economy - both present and future - snapped back to its levels from before the start of the Covid-19 pandemic last month, despite the tremendous scars that it had left on the jobs market.
US home prices jump past forecasts in April
House prices in the US continued to bound ahead more quickly than expected in April, the results of two closely followed surveys revealed.
US consumer confidence edges lower in June, University of MIchigan says
Americans grew a bit more confident in June, albeit not by as quite as much as expected, the results of a closely-followed survey revealed.
US personal incomes and spending print ahead of forecasts in May
Americans continued splashing out at a stronger-than-expected pace last month, helped by faster than expected income growth.
US durable goods orders up in May, jet orders jump
Orders in the US for goods made to last more than three years continued growing at a steady clip last month, helped by strong demand from the transportation sector.
US initial jobless claims slip lower, secondary claims down again
US jobless claims continued to slip lower during the latest week especially those not being filed for the first time, in a potentially positive signal for the next monthly non-farm payrolls report.
BoE warns against 'premature tightening' in policy
Rate-setters at the Bank of England voted unanimously to keep Bank Rate at its current level, warning against a "premature tightening" in policy.
US new home sales fell sharply in May, economists say 'boom' over
New home sales in the US fell sharply last month as the boom in demand for living in the suburbs in the wake of Covid-19 ebbed.
US economy continued running hot in June, IHS Markit says
America's economy continued to expand at a very brisk pace in June, although inflation continued to be a potential risk, the results of two surveys revealed.
US current account deficit widens by less than expected in Q1
America's shortfall on foreign trade and income flows with non-residents widened by less than anticipated at the start of the year.
Powell sticks to forecast for inflation to fall back to target
The head of the US central bank doubled down on forecasts for slower inflation as the country's economy reopens.
US existing home sales dip again in May, but stabilisation seen ahead
Existing home sales in the States fell for a fourth straight month in May with economists divided on the reasons behind the slowdown.
Citi stays at 'buy' on hydrogen shares, sees significant upside
Citi stayed at a 'buy' on European names in the hydrogen space, telling clients that their shares had found a "base" following recent price drops.
Prospects for England reopening on 19 July 'looking good', PM says
The prospects for England being able to lift nearly all Covid-19 restrictions in mid-July were looking good, although hassles and delays to international travel might continue, the Prime Minister said.
Euro area CPI jumps in May as energy and services prices snap higher
Revised data confirmed May's acceleration in the cost of living in the euro area on the back of sharp increases in energy and services prices.