U.S. headline import prices fall in June

Jul 16, 2019 16:53 pm UTC| Commentary

Imported inflation in the U.S. came in softer than consensus expectations in June. Headline import prices dropped 0.9 percent sequentially and 2 percent year-on-year, mainly due to sharp falls in energy and food prices....

U.S. retail sales grow above expectations in June, consumer spending to have risen strongly in Q2

Jul 16, 2019 14:27 pm UTC| Commentary

U.S. retail sales grew strongly in June, following a solid rise seen in the prior month. Sequentially, the retail sales rose 0.4 percent, coming above the consensus expectations of a rise of 0.2 percent. The print for May...

German economic sentiment continues to be low, ZEW indicator drops to -24.5 points in July

Jul 16, 2019 13:56 pm UTC| Commentary

German economic sentiment continues to be at a low level. The ZEW Indicator of economic sentiment dropped to -24.5 points in July, a fall of 3.4 points from June. The long-term average of indicator is 21.8 points. The...

Italian exports rise in May, trade surplus widens

Jul 16, 2019 13:18 pm UTC| Commentary

Italian exports rose 1.3 percent sequentially in May, while imports rose 0.7 percent. The nations exports to EU nations rose 1.7 percent, while those to non-EU nations rose 0.8 percent. Imports from EU countries rose 0.6...

U.K. employment growth eases in May, jobless rate remains unchanged at 3.8 pct

Jul 16, 2019 12:44 pm UTC| Commentary

The latest U.K. jobs report for May released today imply that the labor market is tight and either close to at full employment. Employment continued to rise, while the jobless rate remained at a 44-year low, and measures...

Italian headline inflation eases year-on-year in June, core rate remains same

Jul 16, 2019 11:40 am UTC| Commentary

Italian headline inflation eases slightly in the month of June. The consumer price index rose 0.1 percent sequentially, a drop from 0.2 percent rise seen in the prior month. On a year-on-year basis, the headline inflation...

U.S. Treasuries slip ahead of June retail sales, Fed Chair Powell’s speech

Jul 16, 2019 11:36 am UTC| Commentary Economy

The U.S. Treasuries slipped during Tuesdays afternoon session, ahead of the countrys retail sales for the month of June and Fed Chair Jerome Powells speech, scheduled for today by 12:30GMT and 17:00GMT...