Economy And The Numbers

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NewHomeSales-072414.jpg New home sales in the U.S. showed a notable decrease in the month of June, according to a report released by the Commerce Department on Thursday, with the steep drop offsetting the jump seen in the previous month.

Turkey's central bank on Thursday left its inflation forecast for the year unchanged and hinted at more rate cuts. In the latest Inflation Report, released today, the bank left the year-end inflation forecast for this year at 7.6 percent. The bank has an inflation target of 5 percent, which Governor...

New home sales in the U.S. showed a notable decrease in the month of June, according to a report released by the Commerce Department on Thursday, with the steep drop offsetting the jump seen in the previous month.

Bank of Japan Governor Haruhiko Kuroda said on Thursday that Asian countries must pay more attention to the challenges posed by demographic change and take prompt action to sustain the economic growth momentum in the region. "Japan's experience thus suggests that it is crucial not only to debate...

JoblessClaims-072414.jpg After reporting a modest drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims unexpectedly fell to their lowest level in over eight years in the week ended July 19th.

UKRetailSales-072414.jpg U.K. retail sales increased only marginally in June on weak clothing sales as stores delayed summer clearances due to good weather, data from the Office for National Statistics showed Thursday. However, retail sales during the second quarter hit a 10-year high, signaling strong support from consumer demand to overall economic growth.

After reporting a modest drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims unexpectedly fell to their lowest level in over eight years in the week ended July 19th.

eurozonePMI-072414.jpg The Eurozone private sector growth rebounded at the start of the third quarter from a six-month low as strong expansion in Germany neutralized the contraction in France. The flash composite output index rose to 54 in July to match April's three-year high level, flash survey data from Markit Economics showed Thursday. A reading above 50 indicates expansion in the private sector.

Georgia's foreign trade deficit for the first six months of the year widened from a year ago, preliminary figures from the National Statistics Office of Georgia showed Thursday. The foreign trade deficit worsened to $2.609 billion in the January to June period from $2.244 billion in the same period...

The number of foreign visitor arrivals in Turkey rose at a faster rate in June, data from the the Ministry of Culture and Tourism showed Thursday. Tourist arrivals rose 6.41 percent year-over-year in June, which was notably faster than the 2.36 percent increase in May. Arrivals grew 4.93 percent in...

Luxembourg's unemployment rate eased moderately in June, after rising in the previous month, figures from the statistical office STATEC showed Thursday. The unemployment rate came in at a seasonally adjusted 7.2 percent in June. That followed by a 7.3 percent in the previous month, which was the highest...

Monetary Authority of Singapore's Managing Director Ravi Menon said property prices remain at elevated levels and some households are highly leveraged. It is too early to relax property-related measures, he said at the release of the 2013/14 annual report on Thursday. The central bank estimates...

Italy's consumer confidence decreased for a second straight month in July and at a faster-than-expected pace to a four-month low, a report from the statistical office Istat showed Thursday. The consumer confidence index dropped to 104.6 in July from 105.6 in June, which was revised from 105.7. The...

Hong Kong's exports increased more-than-expected in June, rising for the second consecutive month and at the fastest pace in one-and-a-half years, a report from the Census and Statistics Department showed Thursday. Exports grew 11.4 percent year-over-year in June, following a slower increase of 4.9...

U.K. retail sales increased marginally in June as food sales recovered from the prior month, data from the Office for National Statistics showed Thursday. Retail sales including auto fuel rose 0.1 percent in June from May, when it dropped 0.5 percent. Sales were expected to grow by 0.3 percent. However,...