Confusion refuses to die down in Europe even after crucial deadlines were missed and hapless Greeks stare into an uncertain future for their country, while other Europeans try to preserve the sanctity of the union and the euro.
After reporting a sharp increase in U.S. construction spending in the previous month, the Commerce Department released a report on Wednesday showing that construction spending saw further upside in the month of May.
Indicating a modest acceleration in the pace of growth in the U.S. manufacturing sector, the Institute for Supply Management released a report on Wednesday showing that its manufacturing index rose by slightly more than expected in June.
Private sector employment in the U.S. increased by more than expected in the month of June, according to a report released by payroll processor ADP on Wednesday. ADP said employment in the private sector jumped by 237,000 jobs in June.
British manufacturing sector expanded at the slowest pace in more than two years in June as production and new orders logged slower growth, survey results from Markit Economics showed Wednesday.
Purchasing Managers' survey data from the U.K. and euro area are due on Wednesday, headlining a light day for the European economic news.
The manufacturing sector in South Korea continued to contract in June, and at a faster rate, the latest Nikkei South Korea Manufacturing PMI showed on Wednesday, with a score of 46.1.
That was down sharply from 47.8 in May, and it also represented a 33-month low reading.
The index also moved further...
The manufacturing sector in Japan continued barely to expand in June, the latest Nikkei Manufacturing PMI showed on Wednesday, with a score of 50.1.
That was up from last month's preliminary reading of 49.9, although it was down significantly from 50.9 in May.
The index also remained just barely...
China's manufacturing sector contracted at a slightly slower pace in June, HSBC said in Wednesday's revised manufacturing PMI with a score of 49.4.
That was a downward revision from last month's preliminary reading of 49.6 - but it's up from the 49.2 reading in May.
It also remains beneath the...
An index measuring business sentiment in Japan picked up steam in the second quarter of 2015, the Bank of Japan revealed on Wednesday in its quarterly Tankan business survey.
The large manufacturers' index came in with a score of 15, beating forecasts for 12, which would have been unchanged from the...
The dollar is up slightly against the Euro Tuesday, but down modestly against the Japanese Yen and the pound sterling. Overall, the U.S. currency is little changed today. Greece remains in focus today, while U.S. economic data came in with mixed results. Investors will be watching for the release of...
As the clock ticks on, the European Union and Athens are once again lining up last minute efforts to prevent Greece from going over the cliff into the unknown and etch a sorry chapter in the 16-year history of the euro. The Greek government has submitted a request for a two-year bailout, along with debt restructuring. Eurogroup is set to hold an emergency conference call at 7 pm Brussels time.
After reporting a modest improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing that its consumer confidence index increased by much more than expected in June.
While MNI Indicators released a report on Tuesday showing a notable increase by its Chicago business barometer in the month of June, the index continued to point to a contraction in regional business activity.
Home prices in major U.S. metropolitan areas unexpectedly grew at a slower annual rate in the month of April, according to a report released by Standard & Poor's on Tuesday. The report said the 20-City Composite Home Price Index rose 4.9 percent year-over-year in April.