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Economy And The Numbers

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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...

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...

Belgium's business confidence unexpectedly improved for a second consecutive month in July after a sharp increase in the previous month, amid further strengthening of morale in the building industry and the business services sector, survey results from the National Bank of Belgium revealed Tuesday. The...

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.

Hungary's central bank left its key interest rate unchanged for a second straight month in July, amid a lack of inflationary pressures and a planned shift in focus to unconventional measures. The Monetary Council of the Magyar Nemzeti Bank on Tuesday held the base rate steady at 0.90 percent, in line...

Export expectations of German businesses declined in July partly due to uncertainty caused by the "Brexit" vote, a survey from the Munich-based Ifo institute showed Tuesday. The export expectations balance fell to a 3-month low of 5.0 in July from 7.9 in June. Export expectations were hit hardest...

Malta's producer prices decreased for the second straight month in June, figures from the National Statistics Office showed Tuesday. The industrial producer price index fell 0.24 percent year-over-year in June, following a 0.28 percent drop in the previous month. Among the main industrial groupings,...

Hong Kong's exports and imports continued to decline in June, figures from the Census and Statistics Department showed Tuesday. The value of total exports of goods fell 1.0 percent year-over-year in June, following a 0.1 percent slight drop in the previous month. Exports have been falling since May...

U.K. mortgage approvals declined to a 15-month low in June, data from the British Bankers' Association showed Tuesday. The number of mortgage approvals declined to 40,103 in June from 41,842 in May. It was forecast to fall to 39,650. This was the lowest since March 2015, when approvals totaled 39,238....

MartinWeale-BOE-072616.jpg Bank of England policymaker Martin Weale shifted his monetary policy stance after the release of negative business survey results and now favors an immediate stimulus to the economy. "I see things rather differently from what I would have done had we not had those numbers and the material point is that they were collected after July 12, so after the initial shock of the referendum," Weale said.

Sweden's producer prices declined further in June, though at a slower pace than in the previous month, figures from Statistics Sweden showed Tuesday. Producer prices in total fell 1.9 percent year-over-year in June, following a 4.5 percent decrease in May. The measure has been falling since July 2015. On...

Spain's producer prices declined at a slower annual pace for a second straight month in June, data from the statistical office INE showed Tuesday. The producer price index decreased 4.7 percent year-on-year following a 5.6 percent fall in May. In April, the measure dropped 6 percent. Excluding...

South Africa's composite leading indicator decreased for the second straight month in May, though marginally, figures from the South African Reserve Bank showed Tuesday. The composite leading indicator fell to 90.8 in May from 90.9 in the previous month. In March, the score was 91.7. On an annual...

Finland's retail sales increased for a third straight month in June, but the pace of growth slowed, preliminary data from Statistics Finland showed Tuesday. The retail sales value grew 0.4 percent year-on-year after rising 1.8 percent each in the previous two months. The pace of growth was the weakest...

EEP14-011515_26Jul16.jpg Mortgage approvals from the U.K. is due on Tuesday, headlining a light day for the European economic news.

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