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European Economics News Preview: UK Unemployment Data Due
(RTTNews) - Unemployment from the UK and final inflation from the euro area are the top economic news due on Thursday.
At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is forecast to remain unchanged at 4.6 percent in May.
In the meantime, Swiss foreign trade data is due. The trade surplus is forecast to rise to CHF 4.22 billion in June from EUR 3.8 billion in May.
At 5.00 am ET, Eurostat publishes euro area final inflation data for June. The flash estimate showed that inflation rose slightly to 2.0 percent from 1.9 percent in May.
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U.S. Business Inventories Remain Unchanged For Second Straight Month
Business inventories in the U.S. remained unchanged for the second consecutive month in May, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories were virtually unchanged in May after also coming in flat in April. The unchanged reading matched economist estimates.
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il y a 2h 18min
U.S. Homebuilder Confidence Modestly Improves In July
A report released by the National Association of Home Builders on Thursday showed a modest improvement in homebuilder confidence in the U.S. in the month of July. The report said the NAHB/ Wells Fargo Housing Market Index inched up to 33 in July after slipping to 32 in June. The uptick matched economist estimates.
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il y a 2h 31min
Philly Fed Index Surges To Five-Month High In July
The Federal Reserve Bank of Philadelphia released a report on Thursday showing manufacturing activity in the region unexpectedly expanded overall in the month of July. The Philly Fed said its diffusion index for current general activity surged to a positive 15.9 in July from a negative 4.0 in June, with a positive reading indicating growth.
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il y a 2h 54min
U.S. Import Prices Inch Up 0.1% In June, Less Than Expected
Import prices in the U.S. inched up by less than expected in the month of June, the Labor Department revealed in a report released on Thursday. The Labor Department said import prices crept up by 0.1 percent in June after falling by a revised 0.4 percent in May.
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il y a 3h 11min
U.S. Retail Sales Rebound Much More Than Expected In June
Retail sales in the U.S. rebounded by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said retail sales climbed by 0.6 percent in June after slumping by 0.9 percent in May. Economists had expected retail sales to inch up by 0.1 percent.
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il y a 3h 21min
U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th. The Labor Department said initial jobless claims fell to 221,000, a decrease of 7,000 from the previous week's revised level of 228,000. Economists had expected jobless claims to rise to 235,000.
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il y a 3h 27min
Bay Street Likely To See Lackluster Start
Subdued U.S. and Canadian futures point to a lackluster start for the Canadian shares on Thursday. Weak gold and silver prices are likely to weigh on materials stocks. Energy stocks may find some support and limit market's downside.
RTTNews
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il y a 4h 13min
Philly Fed Index Surges Much More Than Expected In July
The Federal Reserve Bank of Philadelphia released a report on Thursday showing manufacturing activity in the region unexpectedly expanded overall in the month of July.
RTTNews
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il y a 4h 33min
