logo

Economic News

Share SHARE

Spanish retail sales rose in June after a decline in the previous month, mainly driven by a jump in the sales of personal equipment, data from the statistical office INE showed Wednesday. Retail sales grew a seasonally and calendar-adjusted 1.7 percent from May, when they fell 0.9 percent, which was... Read more...

Consumer prices in Australia were up 1.0 percent on year in the second quarter of 2016, the Australian Bureau of Statistics said on Wednesday. That was shy of forecasts for 1.1 percent and down from 1.3 percent in the three months prior. On a quarterly basis, CPI added 0.4 percent - in line with... Read more...

A closely watched measure of consumer confidence showed Americans remain "cautiously optimistic" about the U.S. economy in July. The consumer confidence index was little changed this month, coming in at 97.3 compared to revised 97.4 in July, the Conference Board said Tuesday. Analysts expected a reading... Read more...

U.S. new home sales rose at the highest pace in seven years in June, prompted by attractive prices and exceedingly low interest rates. Sales rose 3.5 percent to a seasonally adjusted annual rate of 592,000, the Commerce Department said Tuesday, the strongest since February 2008. With upward revisions... Read more...

Home prices rose more than expected in May, according to a closely watched index of the measure. The S&P Case-Shiller 20-city index rose 1.2 percent for May. Economists had expected a more modest increase of around 0.4 percent. Read more...

More

French producer prices in the domestic market increased in June, the statistical office Insee reported Wednesday. In the domestic market, producer prices climbed 0.4 percent on month, the same pace of increase as seen in May. On a yearly basis, producer prices declined 3.1 percent as refined... Read more...

Sweden's economic sentiment deteriorated at a faster-than-expected rate in July, amid weaker confidence among manufacturers, retailers and consumers, data from the National Institute of Economic Research showed Wednesday. The economic sentiment indicator declined to 102.2 from June's revised 103.... Read more...

Finland's consumer confidence decreased in July after improving in the previous two months, figures from Statistics Finland showed Wednesday. The consumer confidence index fell to 13.1 in July from June's 13-month high of 14.9. In May, the reading was 12.5. The index measuring general economic... Read more...

More

Confidence among Japan's small and medium-sized enterprises improved for the second straight month in July, survey figures released by the Shoko Chukin Bank showed Wednesday. The small business confidence index rose to 47.8 in July from 46.5 in the previous month. In May, the score was 45.6. The... Read more...

South Korea's consumer confidence improved in July, after remaining stable in the previous month, survey figures from the Bank of Korea showed Wednesday. The composite consumer sentiment index rose by 2 points to 101 in July from 99 in June. Consumer sentiment on current living standards held... Read more...

China's industrial profits increased at a faster pace in June from a year ago, data from the National Bureau of Statistics showed Wednesday. Industrial profits climbed 5.1 percent year-over-year to CNY 616.31 billion in June, following a 3.7 percent gain in the previous month. During the first... Read more...

More

France's consumer confidence weakened for a second successive month in July, as households' unemployment worries increased, figures from INSEE showed Wednesday. The survey was conducted between June 28 and July 16 and only 2 percent of participants responded after the July 14 terrorist attack in... Read more...

Finland's manufacturing confidence deteriorated in July after a modest improvement in June to its lowest level in nearly three years, data from the Confederation of Finnish Industries EK showed Wednesday. The industrial confidence indicator dropped to -13 from -11 in June. In May, the score was -12.... Read more...

Germany's import prices declined at the slowest pace in five months in June, data from Destatis showed Wednesday. Import prices dropped 4.6 percent year-on-year in June, slower than the 5.5 percent decrease in May. This was the slowest fall since January, when prices decreased 3.8 percent. Economists... Read more...

More

The Reserve Bank of New Zealand is likely to cut key interest rate to 2 percent from 2.25 percent in August, and perhaps to 1.75 percent by the end of the year, Paul Dales, an economist at Capital Economics,... Read more...

Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Wednesday ,Jul.27
02:00
UBS Consumption Indicator
JUN
1.34
 
1.24 (R)
Switzerland
02:00
GfK Consumer Confidence Survey
JUN
10.0
9.9
10.1
Germany
02:00
Import Price Index (M-o-M)
JUN
0.5 %
 
0.9 %
Germany
02:45
PPI (M-o-M)
JUN
0.4 %
 
0.4 (R) %
France
02:45
PPI (Y-o-Y)
JUN
-3.0 %
 
-3.5 %
France
02:45
Consumer Confidence Index
JUL
96
95.75
97
France
03:00
Retail Sales (Y-o-Y)
JUN
5.6 %
3.60 %
2.3 %
Spain
04:00
M3 Money Supply (Y-o-Y)
JUN
 
4.95 %
4.9 %
Eurozone
04:30
GDP (Q-o-Q)
Q2
 
0.48 %
0.4 %
UK
04:30
GDP (Y-o-Y)
Q2
 
2 %
2.0 %
UK
08:30
Durable Goods Orders (M-o-M)
JUN
 
-2.44 %
-2.2 %
United States
08:30
Durable Goods Orders Ex. Transportation (M-o-M)
JUN
 
0.13 %
-0.3 %
United States
10:00
FOMC Meeting
-
 
 
-
United States
10:00
Pending Home Sales (M-o-M)
JUN
 
1.9 %
-3.7 %
United States
10:00
Pending Home Sales (Y-o-Y)
JUN
 
 
-0.2 %
United States
10:30
EIA Crude Oil Inventory (Barrels)
JUL 22
 
 
519.5 M
United States
14:00
Interest Rate Decision
-
 
0.5 %
0.25 - 0.50 %
United States
19:05
GfK Consumer Confidence Survey
JUL
 
-7.67
-1
UK
19:50
Foreigners Buying Japan Bonds (Yen)
JUL 17 - JUL 23
 
 
¥ -115.7 B
Japan
19:50
Foreigners Buying Japan Stocks (Yen)
JUL 17 - JUL 23
 
 
¥ 444.6 B
Japan
More

Mixed Earnings, FOMC Meeting May Lead to Nervousness

The major U.S. index futures are pointing to a narrowly mixed opening on Tuesday, with mixed earnings releases and nervousness ahead of a 2-day FOMC meeting that gets underway later today working in the minds of traders. Companies such as United Technologies, Baxter and Texas Instruments reported positive...
More