International Economic
US consumer confidence little changed in July amid high prices
US consumer confidence was little changed in July, for a third month in a row, the results of a closely followed survey showed.
US personal incomes undershoot forecasts in June, inflation dips
Americans continued to spend at a steady pace in June while inflation slowed alongside.
US durable goods orders plummet in June as those for aircraft dive
Orders for goods made to last more than three years cratered last month, due to a steep downdraft in those for commercial aircraft.
US jobless claims fall more than expected
Americans lined up for unemployment benefits at a slower-than-expected rate in the week ended 20 July, according to the Labor Department.
US Q2 GDP grows more quickly than expected
America's economy grew more quickly than expected last quarter as companies ramped up investment and amid inventory accumulation.
German business sentiment deteriorates in July - Ifo
German business sentiment unexpectedly deteriorated in July, according to a survey released on Thursday by the Ifo Institute.
Bank of Canada cuts rates again
The Bank of Canada on Wednesday cut its key policy rate for the second month in a row, as expected, and said it would trim again if inflation continued to fall.
US private sector output growth picks up slightly in July
Private sector activity in the US held up well in July, even as factory output shrank for the first time since January, survey results revealed.
Euro area PMIs show private sector nearly stagnated in July
Activity in the euro area's private sector nearly stalled by surprise in July, the results of two closely followed surveys showed, with growth in France and Germany underperforming.
German consumer sentiment hits two-year high
Consumer sentiment in Germany has risen to its highest level in more than two years, according to a closely watched survey from GfK and the Nuremberg Institute for Market Decisions (NIM), as income expectations and the economic outlook improved significantly.
China PBoC cuts interest rates
Rate-setters in China lowered their short-term policy rate for the first time since the summer of 2023.
US initial jobless claims rise by 20,000
Americans lined up for unemployment benefits at an accelerated pace in the week ended 13 July, according to the Labor Department.
ECB keeps door open to September rate cut, but 'nothing predetermined'
Euro area monetary policy makers kept rates unchanged on Thursday while keeping the door open to a possible rate cut in September.
Philly Fed manufacturing grows as new orders and shipments hit two-year high
Manufacturing activity in Philadelphia rose to a three-month high in July, with new orders and shipments rising to their highest levels in more than two years, according to data released by the region's Federal Reserve Bank on Thursday.
Eurozone construction drops by steepest annual rate since 2021
Construction output in the eurozone declined for third month in a row in May, with the annual change showing its steepest rate of decline in more than three years, according to figures released on Thursday by Eurostat.
US industrial production jumps in June, led by output from utilities
Industrial production in the States jumped in June, led by a surge in output from utilities.
US housing starts pick up in June, but details weak
Homebuilding activity in the US picked up last month, but the details of the report were not as strong as it might appear at first hand.
EZ June inflation confirmed at 2.5%
Inflation in the eurozone fell to 2. 5% in June from 2. 6% in May, in line with the flash estimate published on July 2, according to official data published on Wednesday.
Upside risks to inflation have increased, says IMF
The International Monetary Fund has lifted its estimate for economic growth next year but warned that inflationary pressures have increased, meaning central banks will likely have to keep interest rates elevated for longer.
US retail sales stagnate in June
Retail sales in the United States were unchanged in June, according to the Census Bureau, in line with economists' expectations.