Economic News

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Consumer confidence in the U.S. improved for the third consecutive month in July, according to a report released by the Conference Board on Tuesday, with the consumer confidence index jumping to its highest level in almost seven years. Read more...
Moody's Investors Service on Monday said that the national sales volume of China's residential property market will likely improve in the second half of 2014. Franco Leung, a Moody's vice president and senior analyst, "An expected increase in mortgage availability, selective loosening of regulatory... Read more...
U.K. mortgage approvals increased more than expected in June to the highest level since last February, data showed Tuesday. Approvals for house purchases increased to 67,196, a 4-month high, from 62,007 in May, the Bank of England said. It was forecast to rise moderately to 63,000. Total lending... Read more...
Consumer confidence in the U.S. improved for the third consecutive month in July, according to a report released by the Conference Board on Tuesday, with the consumer confidence index jumping to its highest level in almost seven years. Read more...
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Home prices in major U.S. metropolitan areas continued to increase at a slower pace in the month of May, Standard & Poor's revealed in a report released on Tuesday. The report said the S&P/Case-Shiller 20-City Composite Home Price Index increased at an annual rate of 9.3 percent in May compared to the 10.8 percent growth reported for April. Read more...
Inflation in the OECD area remained unchanged in June, after rising slightly in the previous month, the Organization for Economic Co-operation and Development said Tuesday. The consumer price index rose 2.1 percent year-on-year in June, same as in the previous month. Excluding food and energy, inflation... Read more...
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Malta's producer prices continued to decline in June, but at a slightly slower pace than from the previous month, figures from the National Statistics Office showed Tuesday. The producer price index fell 3.0 percent year-on-year in June, after a 3.33 percent decline logged in the previous month. In... Read more...
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U.K. mortgage approvals increased more-than-expected to a 4-month high in June, recovering from a temporary slowdown caused by mortgage lending regulations. After four months of decline, approvals for house purchases increased to 67,196 in June from 62,007 in May, the Bank of England data showed Tuesday. It was forecast to rise to 63,000. The latest figure was the highest since February. Read more...
Croatia's industrial production declined notably in June from a year ago, after growing in the previous five months, figures from the Croatian Bureau of Statistics showed Tuesday. The industrial production index fell a working-day adjusted 1.7 percent year-on-year in June, reversing a 1.2 percent... Read more...

Moody's Investor Service on Tuesday upgraded Vietnam's credit rating, citing the country's macroeconomic stability, strengthening balance of payments and external payments position as well as an easing in the contingents risks from the banking sector. The rating agency upgraded Vietnam's issuer and... Read more...
New Zealand's diary giant Fonterra lowered its forecast for farmer payouts for the 2014/15 season citing falling world dairy prices and a strong New Zealand dollar. The 2014/15 Farmgate Milk Price forecast was lowered to NZ$6 per kg of milk solids from its earlier estimate of NZ$7 per kg in May, the... Read more...
Confidence among Japan's small and medium-sized enterprises improved in July, survey data released by the Shoko Chukin Bank showed Tuesday. The small business confidence rose to 48.7 in July from 47.3 in June. The indicator rose for the third consecutive month. But the indicator is expected to remain... Read more...
South Africa's unemployment rate increased in the second quarter of this year to its highest level since 2011, amid increased strike action in the manufacturing and mining sectors, figures from Statistics South Africa showed Tuesday. The unemployment rate rose to 25.5 percent in the June quarter from... Read more...
Greek producer prices increased at the faster rate in eighteen months in June, a report from the Hellenic Statistical Authority showed Tuesday. Producer prices increased 1.1 percent year-over-year in June following the 0.6 percent rise in May. This marked the fastest growth in prices since December... Read more...
Lithuania's consumer confidence decreased in July after improving slightly in June, a report from the the Lithuanian Department of Statistics showed Tuesday. The consumer confidence index declined to -14 in July from -11 in June. In May, the score was -12. Among the sub-indexes, expectations on... Read more...
Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Tuesday ,Jul.29
02:00
Import Price Index (M-o-M)
JUN
0.2 %
 
0.0 %
Germany
03:00
Retail Sales (Y-o-Y)
JUN
0.2 %
 
0.5 %
Spain
09:00
S&P/Case-Shiller Home Price Index
MAY
170.64
 
168.71
United States
10:00
Consumer Confidence Index
JUL
90.9
85.14
86.4 (R)
United States
10:00
FOMC Meeting
-
 
-
United States
19:50
Industrial Production (M-o-M)
JUN P
-1.65 %
0.7 %
Japan
19:50
Industrial Production (Y-o-Y)
JUN P
3.87 %
1.0 %
Japan
21:30
Labor Cash Earnings (Y-o-Y)
JUN
 
0.8
Japan

The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment getting a solid lift from better than expected earnings released by companies, both domestically and overseas. Meanwhile, ambassadors from EU nations are meeting today to finalize sanctions to be imposed on Russia...