U.S. Consumer Sentiment Unexpectedly Declines in August

Investing.com – U.S. consumer sentiment unexpectedly dropped in August, according to a report published on Friday. The preliminary publication of the data for August from the University of Michigan's Consumer Survey Center showed that consumer sentiment decreased to 95.3 from 97.9 a mont ...

Canadian Annual Inflation Unexpectedly Accelerates to 3.0% in July

Investing.com - The overall rate of inflation in Canada unexpectedly accelerated in July, supporting the view that the central bank will hike interest rates at least once more this year. Statistics Canada said that the consumer price index rose 3.0% last month, compared with the same month a yea ...

Euro Zone Annual Inflation Confirmed at 2.1% in July

Investing.com - Euro zone consumer price inflation was confirmed to have risen 2.1% in July, underlining the case for the European Central Bank to wind down its asset purchase program this year. The bloc’s statistics agency Eurostat said its rose 2.1% in July from the same month a year earlier, ...

Philly Fed Manufacturing Index Slows Sharply in August

Investing.com - Manufacturing activity in the Philadelphia region slowed sharply in August, according to a report released on Thursday. The Philadelphia Federal Reserve said its manufacturing index fell by 14 points to 11.9 from 25.7 in July. The consensus forecast had been for a reading of 21.9 ...

U.S. Jobless Claims Fall Unexpectedly Last Week

Investing.com - The number of people who filed for unemployment assistance in the U.S. last week fell unexpectedly, remaining in territory consistent with a strengthening labor market, official data showed on Thursday. The report underlined expectations that the Federal Reserve will hike interes ...

UK Retail Sales Fall Rise by 0.7% in July

Investing.com - UK retail sales rose 0.7% in July, the Office for National Statistics said on Thursday. This was compared to a 0.5% decrease in the previous month. Economists had forecast a gain of 0.2%. This is a breaking news story; please refresh the page for updates.

U.S. Producer Prices Stagnate in July

Investing.com - U.S. producer prices were unchanged in July, according to data released on Thursday. The Labor Department said its producer price index showed no change last month. In the 12 months through July, the PPI rose 3.3%. Economists had forecast the PPI rising 0.2% last month an ...

U.S. Jobless Claims Fall Unexpectedly Last Week

Investing.com - The number of people who filed for unemployment assistance in the U.S. last week fell unexpectedly, remaining in territory consistent with a strengthening labor market, official data showed on Thursday. The report underlined expectations that the Federal Reserve will hike interes ...

U.S. Job Openings Increase in June

Investing.com - The monthly Job Openings and Labor Turnover Survey, or JOLTS, showed that job openings rose in June, according to data released on Tuesday. Job openings, a measure of labor demand, rose by 3,000 to 6.662 million in June, the Labor Department said. Economists had forecast jo ...

Economic Calendar: Top Things To Watch

Investing.com - Earnings are due from Tyson Foods (NYSE:TSN) (Mon.), The Walt Disney Co. (Tues.), CVS Health (NYSE:CVS) (Weds.), Viacom (Thurs.) and Revlon (Fri.). The NFIB Small Business Optimism Index for July is released on Tuesday. Traders will be watching for weekly oil inventory data from th ...

U.S. Job Creation Misses Consensus in July

Investing.com - Nonfarm payrolls (NFP) rose by 157,000 in July, according to official data released on Friday. The data was lower than the consensus estimate for the creation of 193,000 jobs and the 219,000 positions that the ADP report indicated on Wednesday. This is a breaking news story; pleas ...

UK Services PMI Falls to a 3-month Low in July

Investing.com - Activity in the UK service sector slowed in July, according to a closely watched business survey released on Friday. Research firm IHS Markit said its services purchasing managers’ index fell rose to 53.5 last month from 55.1 in June. That compared to forecasts for a reading of ...

U.S. Jobless Claims Rise Less Than Expected

Investing.com - The number of people who filed for unemployment assistance in the U.S. last week rose less than expected, according to official data released on Thursday. The number of individuals filing for initial jobless benefits in the week ended July 28 increased by 1,000 to 218,000, up fro ...

Bank of England Raises Rates despite Mounting Brexit Worries

Investing.com - The Bank of England raised interest rates Thursday, in what was widely anticipated decision, despite deepening worries over Brexit and indicated that more hikes will be needed. The BoE’s Monetary Policy Committee voted unanimously to raise rates by a quarter of a percentage point to ...