Market Pulse - Currencies
Euro area GDP grows a bit more quickly than expected in Q2
The euro area's economy expanded a bit more quickly than anticipated during the second quarter.
U.S. labour costs ebb in second quarter
The cost of labour in the States ebbed during the second quarter.
U.S. consumer confidence jumps in July, price expectations little changed
The American consumer grew more confident in July, the results of a closely followed survey revealed.
Weekly US jobless claims slip lower by surprise
The U. S. jobs market tightened slightly during the previous week, contrary to expectations.
ECB says inflation still set to remain too high for too long
The European Central Bank raised interest rates as expected, but judged that inflation was still set to remain too high for too long.
US goods trade deficit fall by more than expected in June
America's shortfall on trade in goods with the rest of the world narrowed by slightly more than expected last month.
US GDP grows 2.4% in second quarter, slightly ahead of forecasts
America's economy expanded a bit more quickly than anticipated over the second quarter.
Federal Reserve hikes rates, leaves door open to more tightening
The Federal Reserve hiked interest rates as expected on Wednesday and left the door open to further tightening if needed.
U.S. new home sales dip in June
New home sales in the U. S. undershot economists' forecasts by a large margin last month.
Existing home sales slip in June due to a lack of supply, NAR says
The pace of existing home sales was softer than expected last month, but a leading business lobby group laid the blame at the feet of insufficient supply.
Weekly U.S. jobless claims surprise to the downside again
The U. S. jobs market appeared to tighten a bit over the preceding week, hitting a two-month low in the process.
US retail sales grow by less than anticipated in June
Retail sales volumes in the U. S. grew by less than expected last month.
ECB's Visco says inflation may come down more quickly than anticipated
Euro area inflation may come down faster than the European Central Bank's predictions, the head of Italy's monetary authority.
J.P.Morgan reiterates 'underweight' on euro area stocks
Equity strategists at J. P. Morgan reiterated their 'underweight' stance towards Eurozone equities and sounded a "cautious" note on the outlook for China, a key driver of activity in the region.
Empire State index retreats slightly in July
Factory sector activity in the jurisdiction of the Federal Reserve Bank of New York softened a tad less than expected in July.
US import prices were little changed in June
The cost of imported goods was little changed in June.
Consumer confidence jumps as inflation cools, jobs stable, University of Michigan says
Consumer sentiment in the U. S. hit a nearly two-year high in July, the results of a closely followed survey revealed.
US CPI gains slow further in June
Cost of living increases in the States continued to ebb last month, including at the so-called 'core' level.
US small business confidence edges up in June, NFIB says
Small businesses in the US grew more confident in June, the results of a closely followed survey revealed.
China moves to support property lending, more measures anticipated
Chinese authorities moved to buttress property developers by pressuring lenders to extend outstanding short-term loans.