International Economic
Weekly initial jobless claims little changed, secondary claims drop sharply
First time jobless claims in the US were little changed during the latest week, but so-called continuing claims registered a large drop.
US non-farm payroll growth exceeds forecasts in July
Hiring in the US picked up last month, maintaining the nearly 1. 0m per month pace of gains seen in June.
US services PMI tops forecasts in July, but economists cautious
Activity in America's services sector accelerated by much more than expected, led by a pick up in output and new orders, especially in new export orders.
France consumer confidence dips slightly in August
French consumer confidence dipped slightly in August despite a spike in Covid-19 cases and new rules requiring a pass to enter many retail outlets, according to a survey published Friday.
German factory orders rebound in June
German factory orders rebounded in June as Europe's biggest economy revived from Coronavirus lockdowns, official figures showed.
NHTSA opens probe into Tesla's Autopilot system
Authorities in the US opened a formal investigation into Tesla's Autopilot following multiple accidents involving parked emergency vehicles.
US July retail sales miss forecasts by wide margin
Americans closed their purse strings unexpectedly last month, especially when it came to purchases of cars and trucks.
Fed's Powell says Covid-19 will be with us 'for a while'
The head of the Federal Reserve said that Covid-19 was likely to be with us "for a while".
Chicago PMI ticks lower in August
Economic activity in the Chicago area deteriorated a little more than expected in August, according to data released on Tuesday.
US consumer confidence declines in August
The Conference Board's consumer confidence index declined in August, down almost 12 points from the previous month's print at 113. 8.
US home prices soar 18.6% in June
Average home prices in major metropolitan areas across the US soared 18. 6% year-on-year in June, according to the S&P CoreLogic Case-Shiller national home price index, the largest annual gain in history.
Eurozone inflation hits 10-year high in August
Eurozone inflation hit a 10-year high in August, according to figures released on Tuesday by Eurostat.
German unemployment drops to lowest level since start of pandemic
German unemployment fell to its lowest level in August since the start of the pandemic, according to figures released by Destatis on Tuesday.
China services shrink for first time since crisis peak
China's services sector contracted for the first time since the height of the country's Covid-19 crisis, official figures showed.
Fed on track to taper by end of the year, says Powell
Federal Reserve chair Jerome Powell signalled on Friday that the US central bank is on track to start tapering asset purchases later in the year if the economy continues to show progress.
September time for tapering announcement, says Fed's Kaplan
Dallas Fed President Robert Kaplan stuck with his call for a September taper announcement on Thursday.
US jobless claims tick higher; GDP grows 6.6% in Q2
The number of Americans filing for unemployment benefits rose a little more than expected last week but remained near a pandemic low, according to figures released by the Labor Department on Thursday.
US durable goods orders dip in July
Orders in the US for goods made to last more than three years dipped last month, dragged down by a decline in demand for civilian aircraft.
German business sentiment deteriorates again - Ifo
German business sentiment deteriorated again in August amid supply chain issues, according to a survey released on Wednesday by the Ifo Institute.
US new home sales jumped past analysts' forecasts in July
New home sales in the US edged past analysts' forecasts in July.