Market Pulse - Currencies
US personal incomes undershoot forecasts in June, inflation dips
Americans continued to spend at a steady pace in June while inflation slowed alongside.
US Q2 GDP grows more quickly than expected
America's economy grew more quickly than expected last quarter as companies ramped up investment and amid inventory accumulation.
ECB keeps door open to September rate cut, but 'nothing predetermined'
Euro area monetary policy makers kept rates unchanged on Thursday while keeping the door open to a possible rate cut in September.
US services sector activity shrinks very sharply in June, ISM says
Services sector activity in the US slowed very sharply last month, a closely followed survey showed.
US job cut announcements drop again in June, Challenger says
Job cut announcements appeared to repeat the pattern observed in 2023, dropping quickly in June, the results of a closely followed survey revealed.
ISM manufacturing PMI fails to pick up as expected in June
Factory sector activity in the US slowed a tad further last month, amid multiple reports of fewer orders or softer demand from various subsectors, the results of a closely followed survey showed.