Market Pulse - Currencies
US consumer confidence fell unexpectedly in July, U.Michigan says
Consumer confidence in the US took an unexpected hit from higher prices in July, the results of a closely-followed survey revealed.
Headline and core euro area CPI dip in June
The cost of living in the Eurozone dipped last month as energy and services prices fell back.
Semiconductor shortage kneecaps US manufacturing in June
Industrial output in the US grew more slowly than anticipated in June as a shortage of semiconductors kneecapped auto manufacturing.
China GDP growth holds up better than expected in June
Economic growth in the People's Republic of China held up better than expected in June, although economists pointed to certain inconsistencies in the data.
US producer prices jump past forecasts in June
Producer prices in the US jumped at twice the expected pace last month but some economists expected them to rise more slowly from here on forwards.
UK house prices jump 10% year-on-year
House prices strengthened in May, official figures showed on Tuesday, as they bounced back from April’s dip.
BoA revises 2021 UK CPI forecast higher, but says higher inflation 'transitory'
Economists at Bank of America revised their forecast for UK inflation in 2021 upwards following a stronger-than-expected print on June consumer prices.
Wednesday preview: UK CPI, Ashmore Group in the spotlight
Financial markets' focus in the middle of the week will continue to be on inflation, but on this side of the Pond this time around.
NFIB says US small business confidence 'strong', prices jump alongside
US small business confidence strengthened in July on the back of improved expectations for the economy.
US CPI exceeds forecasts by wide margin, core inflation also spikes
The cost of living in the US jumped past forecasts in June driven higher by big increases in the cost of energy, food and those of vehicles.
Chinese 'narrow' money supply growth slowed further in June
Chinese money supply growth slowed more sharply than expected last month, but some economists warned against reading too much into the latest figures.
PBoC cuts lenders' reserve requirement ratio
The People's Bank of China lowered the amount of reserves that the country's lenders need to keep on hand as reserves in a bid to keep financial conditions from tightening.
Bank of America creates dedicated cryptocurrency research team
Bank of America has put together a dedicated team for cryptocurrency research in a further sign of the asset class's increasing acceptance on Wall Street.
ECB raises inflation target in major strategy revamp
The European Central Bank revised its inflation target higher on Thursday, in the largest revamp of its policy strategy since 2003.
Initial US jobless claims edge higher, secondary claims move lower
Weekly US jobless claims data continued to point towards an improving jobs picture.
UK property prices benefit as new listings falter - RICS
The number of new properties coming to market continued to fall in June, industry research showed on Thursday, as demand outstripped faltering supply.
US job openings undershoot forecasts in May, JOLTS survey shows
Job openings grew more slowly than expected in May, alongside a large drop in so-called 'voluntary' separations or 'quits' which typically denote strength in the labour market.
US services PMI slips by a bit more than expected in June
Activity in America's services sector slowed down a tad more quickly than anticipated last month, the results of a closely-followed survey revealed.
US foreign trade deficit worsens again as economy reopens
America's shortfall on trade with the rest of the world widened in May as strong domestic demand and the improved epidemiological situation stoked import demand.
US June non-farm payrolls rise by 850,000
Non-farm payroll growth in the US picked up a tad more quickly than anticipated last month, even if in part as a result of strong hiring by government.