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Economy And The Numbers

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LeadingIndicatorIndex-072017.jpg Pointing to continued growth in the U.S. economy, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading economic indicators. The Conference Board said its leading economic index climbed by 0.6 percent in June.

Eurozone consumer sentiment unexpectedly deteriorated in July, preliminary data from the European Commission showed Thursday. The flash consumer confidence index for the euro area fell to -1.7 from -1.3 in June, which was the highest since April 2001. Economists had forecast a score of -1.2 for July. The...

South Africa's central bank unexpectedly slashed its key interest rate by a quarter-point on Thursday, citing an improved inflation outlook, but weaker growth prospects. The Monetary Policy Committee of the South African Reserve Bank cut its key interest rate by 25 basis points to 6.75 percent, while...

PhiladelphiaFed-072017.jpg Philadelphia-area manufacturing activity grew at a notably slower rate in the month of July, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current manufacturing activity in the region slumped to 19.5 in July from 27.6 in June.

Joblessclaims-072017.jpg A report released by the Labor Department on Thursday showed a much bigger than expected decrease in first-time claims for U.S. unemployment benefits in the week ended July 15th. The report said initial jobless claims fell to 233,000, a decrease of 15,000 from the previous week's revised level of 248,000.

Philadelphia-area manufacturing activity grew at a notably slower rate in the month of July, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

A report released by the Labor Department on Thursday showed a much bigger than expected decrease in first-time claims for U.S. unemployment benefits in the week ended July 15th.

ECBrates-072017.jpg There was no surprises from the European Central Bank on Thursday as it left its key interest rates and massive stimulus unchanged for an eleventh straight session, and also kept the forward guidance intact, thus retaining the downward bias on asset purchases.

Italy's current account surplus increased in May from the previous year, the Bank of Italy reported Thursday. The current account surplus totaled EUR 3.26 billion compared to EUR 2.98 billion in the same period of last year. The surplus on trade in goods fell to EUR 5.49 billion from EUR 5.73 billion....

The European Central Bank left its key interest rates and massive stimulus unchanged for an eleventh straight month on Thursday and also left the forward guidance intact, thus retaining the downward bias on asset purchases. The Governing Council, led by ECB President Mario Draghi, kept all its three...

Brazil's business confidence improved in July after weakening in the prior month, preliminary figures from the Getulio Vargas Foundation, or FGV showed Thursday. The index measuring confidence in the industrial sector rose to 90.7 in July from 89.5 in June. In May, the reading was 92.3. The current...

Ukretailsales-072017.jpg UK retail sales recovered at a faster-than-expected pace in June as warm weather boosted clothing demand. Retail sales grew 0.6 percent month-on-month in June, reversing a 1.1 percent fall in May, data from the Office for National Statistics showed Thursday. Sales were forecast to gain 0.4 percent.

Turkey's consumer sentiment improved in July after falling in the previous month, survey data from the Turkish Statistical Institute showed Thursday. The consumer sentiment index climbed to 71.3 in July from 70.0 in the previous month. In May, the reading was 72.8. The financial situation expectation...

Denmark's consumer confidence strengthened for the second straight month in July to the strongest level in more than two years, survey data from Statistics Denmark showed Thursday. The consumer consumer confidence index climbed to 10.5 in July from 7.1 in June. In May, the reading was 5.8. Moreover,...

Eurozone government debt to gross domestic product increased slightly in the first quarter, Eurostat reported Thursday. Government debt to GDP in euro area came in at 89.5 in the first quarter versus 89.2 percent in the previous quarter. In the EU28, the ratio increased to 84.1 percent from 83.6...

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