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.
Eurozone unemployment rate remained unchanged at the lowest level seen since early 2012 in May, official data revealed Tuesday. As expected by economists, the jobless rate held steady at 11.1 percent in May, Eurostat reported. This was the lowest rate recorded in the euro area since March 2012.
Eurozone inflation slowed in June largely due to another sharp fall in energy prices, indicating that the central bank has to do more to achieve its inflation target. Inflation eased to 0.2 percent in June, in line with economists' forecast, from 0.3 percent in the prior month, flash data from Eurostat showed Tuesday.
Unemployment figures from euro area and Germany are due on Tuesday, headlining a busy day for the European economic news.
Industrial output in South Korea slid 1.3 percent on month in May, Statistics Korea said on Tuesday- following the 1.2 percent decline in April.
On a yearly basis, industrial production dropped 2.8 percent after sliding 2.7 percent in the previous month.
The index of all industry production was...
The total number if building permits issued in New Zealand was roughly unchanged in May, Statistics New Zealand said on Tuesday - standing at 2,171.
That follows the upwardly revised 0.9 percent decline in April (originally -1.7 percent).
On a yearly basis, the number of permits climbed 2.2 percent.
The dollar is losing ground against all of its major competitors Monday. Early gains against both the Euro and the pound have eroded as concerns over a Greek default have eased a bit.
Negotiations between Greece and its creditors broke down over the weekend. The country faces a crucial 1.6 billion...
Even as disheartened Greeks queued up in front of ATMs over the weekend in an attempt to extract their cash, European leaders on Monday urged them to vote 'yes' in the upcoming referendum on the bailout, stressing that it was in the country's interest that it remains in the euro area.
After reporting a sharp jump in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Monday showing that pending home sales saw further upside in May.
Ahead of Greece crisis escalating over the weekend, Eurozone economic confidence fell slightly in June on a mild deterioration of industrial and retailer sentiment. The economic confidence index fell unexpectedly to 103.5 in June from 103.8 in May, survey data from the European Commission showed Monday. It was forecast to remain unchanged at 103.8.
Greece closed its banks and imposed capital controls on Monday in order to avoid a financial collapse as the failure of debt talks with the EU makes it difficult to honor the payment due on June 30. The banks will remain closed until July 6 and introduced a limit of 60 euro on daily cash withdrawals from cash machines after the European Central Bank froze its funding for Greek banks.
Economic confidence from euro area and consumer prices from Germany are due on Monday, headlining a light day for the European economic news.
Industrial output in Japan tumbled a seasonally adjusted 2.2 percent on month in May, the Ministry of Economy, Trade and Industry said on Monday.
That missed forecasts for a decline of 0.87 percent following the 1.2 percent increase in April.
On a yearly basis, industrial production shed 4.0 percent...