International Economic
Chicago PMI nudges higher in August
Economic activity in the Chicago area ticked up a touch in August, according to data released on Wednesday.
US private sector adds fewer jobs than expected in August - ADP
The US private sector added far fewer jobs than expected in August, according to the latest data from ADP.
Fed's Mester sees Fed funds rate 'somewhat above' 4 per cent in early 2023
A top US central bank official made the case for raising short-term interest rates "somewhat above" 4. 0% in early 2023 and keeping them there.
Euro area core consumer prices rise more quickly than expected in August
The cost of living in the euro area picked up a tad more quickly than anticipated during the month of August, driven by gains for food, non-industrial goods and services' prices.
German unemployment ticks higher in August
German unemployment ticked higher in August as expected, as Ukrainian refugees joined the country’s workforce, according to figures released on Wednesday by Destatis.
China PMIs point to continued slowdown in August amid dearer energy, Covid restrictions
Economic activity in Asia's largest economy continued to slow in August, amid higher energy costs and Covid-19 restrictions, the results of two closely followed surveys revealed.
Fed's Williams sees rates remaining restrictive across 2023
A top US central bank official said that he expected interest rates to rise "somewhat above" 3. 5% and to remain at that level throughout 2023.
US consumer confidence improves in August - Conference Board
US consumer confidence improved more than expected in August, according to data released on Tuesday.
US job openings rise unexpectedly in July, but quits rate ticks lower
The number of job openings in the US increased a bit last month, even as hiring and the number of so-called 'quits' slipped.
US house price growth eases in June - S&P/Case-Shiller
US house price growth eased in June, according to the latest S&P/Case-Shiller national home price index.
German inflation hits highest level in nearly 50 years
German inflation hit its highest level in nearly 50 years in August, according to data released on Tuesday by Destatis.
Eurozone confidence drops in August amid rising inflation
Economic confidence in the eurozone fell in August, hitting a 19-month low amid surging inflation, according to data released on Tuesday by the European Commission.
US consumer confidence rises past forecasts in August, University of Michigan says
Consumer confidence in the US picked up more strongly than first thought in August, led by an improved outlook for the economy one-year ahead, the results of a closely-followed survey revealed.
Efforts to lower inflation likely to bring 'some pain', Fed's Powell says
Efforts to bring down inflation would likely cause "some pain" to the economy but not doing so would entail even greater pain, the head of the US central bank said.
US visible trade deficit sees sharp and unexpected narrowing in July
America's shortfall on trade in goods with the rest of the world narrowed sharply last month, amid a large and unexpected drop in purchases from overseas.
US personal income and spending growth slows more than expected in July, prices dip
Personal incomes and spending in the US grew more slowly than anticipated last month in nominal terms, while prices dipped unexpectedly.
Deutsche Bank downgrades Europe stocks to 'neutral', point to slowing growth in China and Europe
Equity strategists at Deutsche Bank downgraded their view on European equities to 'neutral' after the Euro Stoxx 50 moved slightly above their year-end 2022 target of 3,640.
German consumer sentiment hits new low amid energy bill woes
German consumer sentiment is expected to fall to a record low again in September amid worries about rising energy bills, according to a survey released on Friday.
Fed's Harker wants to see rates above 3.4 per cent and then 'sit for a while'
A top US central bank official said on Thursday that he wanted monetary policy to move into restrictive territory with the Fed funds rate above 3. 4% and that interest rates would need to be kept at that level for a while.
US Q2 GDP revised slightly higher
The US economy shrank by less than previously estimated over the three months to June, revised data showed.