International Economic
OPEC trims oil demand growth forecasts for 2024 and 2025
The Organisation for Petroleum Exporting Countries trimmed its forecast for oil demand growth in 2024.
Sector movers: Investors breathe sigh of relief after volatile week
Stocks finished a rough and tumble week on the up as markets at least stabilised following the volatility storm of the previous weekend.
Hargreaves Lansdown reports record full-year AuA, consortium tables final offer
Hargreaves Lansdown posted record assets under administration and a big increase in net new business for the full-year.
German inflation confirmed at 2.6% in July
German inflation rose to 2. 6% in July, according to official data published on Friday, confirming flash data.
China CPI ticks up more than expected in July
Consumer price inflation accelerated more than expected in July, according to figures released on Friday by the National Bureau of Statistics.
US initial jobless claims fall by 17,000
Americans lined up for unemployment benefits at a decelerated pace in the week ended 3 August, according to the Labor Department.
US mortgage applications surge 6.9%
US mortgage applications surged by 6. 9% in the week ended 2 August, according to the Mortgage Bankers Association, the sharpest increase in almost two months, erasing the prior two week's declines.
Chinese trade surplus shrinks as imports surge
China's trade surplus shrank significantly in July, according to government figures released on Wednesday, as export growth eased and imports surged.
German industrial production jumps more than expected in June on auto output
Industrial production in Germany jumped in June, led by a partial rebound in output from the auto sector.
BoJ's Uchida says rates won't rise when markets unstable
Bank of Japan deputy governor Shinichi Uchida said the central bank would not lift interest rates when the markets are unstable, in response to this week's volatility that saw a massive sell-off in equities.
US trade deficit shrinks less than expected
The US trade deficit narrowed in June, pulling back from its highest level in 20 months, according to the Bureau of Economic Analysis, but still came in above market forecasts.
Eurozone construction downturn worsens further in July due to housing
An already deep downturn in euro area construction intensified slightly more last month, the results of a survey revealed.
Euro area retail sales dip a tad more than expected in June
Retail sales inside the single currency bloc slipped by a tad more than expected in June.
German factory orders rise for first time this year
Factory orders in Germany in June rose for this year, smashing forecasts following a decline the previous months, according to data from the Federal Statistical Office on Tuesday.
RBA keeps rates unchanged but says inflation 'too high'
Rate-setters Down Under kept policy unchanged but sounded a hawkish note on the outlook for rates.
US services PMI rises to 51.4 in July
The Institute for Supply Management's services purchasing managers index rose to 51. 4 in July, up from the more than four-year low of 48. 8 recorded in June and ahead of market expectations for a reading of 51.
Eurozone economy stalls in July
The eurozone economy stalled in July as demand for goods and services deteriorated, according to a survey released on Monday.
China services sector growth picks up in July - Caixin
Activity in China’s services sector picked up in July, according to a survey released on Monday.
US non-farm payrolls rise by 114,000 in July
Hiring in the US slowed abruptly last month, prompting talk in markets of 'policy mistakes' by the Fed and of a 'growth scare'.
ISM factory PMI slips again in July
A downturn in US factory sector activity accelerated a bit last month, the results of a closely followed survey showed.