The Ifo index measuring confidence in Germany fell to 87.3 in July, compared to 88.6 in June, while it had been expected to rise to 88.0. I n details, the current situation index declined to 91.3 compared to 93.7 in June, while the expectations index fell to 83.5 from 83.8. The euro is trading at 1.1060 levels against the US...
View MoreThree central banks lead the events of the current week Keep an eye out for inflation figures from Australia, Japan and the PCE Separate economic data After growth figures from China, US and British retail sales, inflation from New Zealand, the United Kingdom and Canada, and Australian labor market numbers, in addition to some separate numbers, topped the events of...
View MoreRetail sales in the UK increased by 0.7% in June compared to a rise of 0.1% in May, revised from 0.3%, while expectations were for a rise of 0.2%. In details, sales volumes in food stores increased by about 0.7% in June after a decrease of 0.4% in May, while sales of non-food stores increased by about 1% after a...
View MoreThe Australian unemployment rate fell in June to 3.5%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations indicated that it would rise to 3.6%, with the participation rate in the labor market declining to 66.8% from 66.9%. The Australian economy added about 32,600 jobs in June,...
View MoreThe consumer price index in the United Kingdom, which measures inflation, grew by 7.9% in the 12 months ending in June, compared to 8.7% in May, according to figures issued by the UK Statistics Office ONS a moment ago, while expectations were for a slowdown of 8.2%, while it rose Inflation on a monthly basis was 0.1% in June. The...
View Moreinflation in New Zealand recorded growth in the second quarter of this year, which ended last June, according to Statistics New Zealand data released this morning, by 1.1% on a quarterly basis, compared to 1.2% in the first quarter, while the index rose by 6% on an annual basis, compared to 6. 7% in the first quarter. In the details,...
View MoreData released moments ago by the US Census Bureau showed a rise in US retail sales, below market expectations, as sales rose by 0.2% in June to reach $689.5 billion, compared to a growth of about 0.3% in the May reading, before being revised to 0.5%, as expected. It indicates an increase of about 0.5%. Underlying sales, excluding cars and...
View MoreChina's gross domestic product, the second largest economy in the world, recorded a growth of 6.3% in the second quarter of this year, according to data released today, Monday, July 17, from the National Bureau of Statistics, compared to a growth of about 4.5% in the first quarter and less than market expectations. Which indicated that it recorded a growth...
View MoreFor the sixth session in a row, the general index of the US dollar recorded declines and lost more than 3%, trading below the 100 levels for the first time since April of last year, at the middle of today’s session, Thursday, July 13th. Since the beginning of the week, the US dollar has been affected by rising market expectations...
View MorePreliminary figures from the Office of National Statistics in the United Kingdom ONS, released moments ago, showed a decrease in GDP growth in the United Kingdom in May by 0.1%, compared to a growth of 0.2% in April, while expectations were for a decrease of 0.3%, in contrast, the economy did not record any Growth in the three months to...
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