International Economic
University of Michigan July consumer confidence index little changed from preliminary reading
US consumer confidence was a tad stronger than expected last month, the results of a very closely-followed survey revealed.
Chicago factory PMI falls by more than expected in July
Manufacturing sector activity in the Chicago area slowed more than expected in July, the results of a close-followed survey revealed.
US personal incomes and spending rise more quickly than expected in June
US households continued to dip into their savings last month in order to finance their purchases amid continued price pressures.
US Q2 Employment Cost Index rises a bit more quickly than anticipated
A broad measure of workers' compensation increased modestly more quickly than anticipated over the three months to June.
Euro area Q2 GDP growth leaves economists' forecasts in the dust
Euro area second quarter gross domestic product growth left economists' forecasts in the dust.
Euro area CPI accelerates slightly in June
Euro area inflation edged past economists' forecasts during the second quarter pushed higher by the cost of food, alcohol and tobacco, as well as services.
London midday: Stocks push higher at month's end ahead of US inflation data
London stocks were pushing higher still into the end of the month as investors waited on a raft of inflation indicators in the US while digesting a very large and positive surprise on second quarter euro area gross domestic product.
US Q2 GDP drops 0.9%
The American economy recorded a second straight contraction over the three months to June, fitting the often used technical definition of a recession.
US initial jobless claims decline by 5,000
Americans filed first-time unemployment claims at a slightly slower pace in the week ended 23 July, dropping by 5,000 to 265,000, according to the Department of Labor - short of expectations for a drop to 253,000.
Bitcoin jumps above $23,000, buoyed by Fed rate hike and dollar weakness
Bitcoin and cryptoassets in general led an interesting rally, driven by the increased appetite for risk following the US Federal Reserve (Fed) rate hike of 75 basis points and a weakening of the dollar index. The digital currency par excellence rises above $23,000 and experts are wondering whether the momentum will last long enough to lift its price to $24,000. Resistance at $25,000 remains on the horizon as the level to beat. Ethereum rises above $1,600 and the total capitalization remains above $1 trillion.
Eurozone economic sentiment tumbles in July
Economic sentiment in the eurozone tumbled in July as the Ukraine conflict and surging inflation took their toll.
Stocks jump as Fed shifts to meeting by meeting approach
US monetary policymakers shifted back towards a meeting by meeting approach to setting interest rates on Wednesday, instead of offering explicit guidance on the magnitude of their next move.
US foreign trade narrows in June as imports dip
America's shortfall on trade in goods with the rest of the world shrank more quickly than expected last month, as imports slipped.
US pending home sales fall as mortgage rates rise
US pending home sales fell in June following a slight increase the month before, as mortgage rates rose, according to figures released on Wednesday by the National Association of Realtors.
US durable goods orders jump in June as defence aircraft orders nearly double
Orders for goods made to last more than three years posted a sharp and unexpected rise last month, albeit mainly on the back of a near doubling in orders for defence aircraft.
Goldman Sachs forecasts eurozone recession in second half
A eurozone recession is coming, Goldman Sachs said in a research note.
IMF lowers global GDP forecasts, says risks 'overwhelmingly' tilted to downside
The world's watchdog for financial stability lowered its projection's for global economic growth in 2022 due to tighter central bank policies, Covid-19 lockdowns and the real estate crisis in China, and the war in Ukraine.
US new home sales drop sharply in June
New home sales dropped sharply and by more than expected last month alongside a downwards revision to the prior month's data.
US consumer confidence continues to point to 'recession risks', Conference Board says
US consumer confidence slipped more or less as expected amid concerns about inflation and continued to point to ongoing recession risks, the results of a closely-followed survey showed.
Annual US house price growth dips in May, FHFA says
The cost of a house in the US rose a tad less quickly than expected in May.