Market Pulse - Currencies
Americans rein in spending in May, PCE inflation in line
Americans reined in their spending in May even as incomes grew more quickly than expected.
Consumer confidence sees broad-based rise in June, University of Michigan says
Consumer confidence in the US perked up in June amid a broad-based improvement across all demographic groups and price expectations retreated sharply.
Chicago factory PMI edges up in June
Factory activity in the Chicago area continued to shrink in June, the results of a survey showed.
London midday: Stocks up as investors position for US inflation data
Stocks were catching a bid on Friday on greater confidence in the outlook for the US economy and signs that inflation was cooling across the Channel.
German CPI reaccelerates in June, as expected
The cost of living in the euro area's largest economy picked up as expected in June.
US housing starts jump past forecasts in May
New home construction easily outpaced economists' forecasts for last month, but some economists were wary.
US homebuilder confidence jumps in June, NAHB says
Homebuilder confidence in the States moved back into positive territory for the first time in 11 months, helped by a dearth of housing inventory and improving supply chain efficiencies.
Fed's Barkin wants to return inflation to target 'relatively quickly'
A top Fed official said that he would be comfortable supporting further rate hikes if incoming data did not show slower demand returning inflation to 2% "relatively quickly".
US consumer confidence picks up in June, inflation expectations drop, University of Michigan says
Consumer confidence in the US improved a bit in June, alongside a big drop in inflation expectations.
ECB hikes again, revises core CPI forecasts higher
Rate-setters in Frankfurt hiked its main interest rates again, as expected, as inflation appeared set to remain "too high for too long".
US retail sales hold up in May, rise 0.4%
American consumers continued to spend at a steady clip last month.
Weekly US jobless claims remain unchanged, top forecasts
There was a bit more slack than expected in the US jobs market during the latest week.
Fed skips rate hike, gains time to analyse more data
Rate-setters at the Federal Reserve skipped a rate hike at Wednesday's meeting in order to buy time to gather further information before possibly tightening policy more.
US wholesale inflation slips more than expected in May amid drop in energy
Wholesale prices declined by more than anticipated last month amid a retreat in energy and food prices.
US open: Modest gains for Wall Street on the back of slower CPI gains
US stocks were trading on the front foot following the release of a slightly better-than-expected reading on inflation.
US open: Stocks edge up ahead of key inflation reading, Fed meeting
Stocks on Wall Street were heading higher in early trading on Monday as investors eyed a key inflation reading due out during the next session and the latest policy announcement from the Federal Reserve in two days' time.
BofA analysts say S&P 500 'bear market' now dead
Equity analysts at Bank of America Securities sounded a 'bullish' note on the outlook for stocks, declaring the 'bear market' "officially over" and telling clients the new 'bull market' had legs.
US open: Stocks edge higher, Fed meeting coming into focus
Stocks in the US were heading slightly higher in early trading, even as investors looked ahead to the next rate announcement by the Federal Reserve scheduled for the following week.
Initial US jobless claims jump by 28,000 during latest week
Tightness in the US labour market eased during the preceding week, as filings for jobless claims rose to the highest since October 2021.
US trade deficit jumps in April
America's shortfall on trade with the rest of the world widened unexpectedly in April.