Monthly archive June, 2023

Business confidence from Germany is the only major economic report due on Monday, headlining a light day for the European economic news. At 3.00 am ET, Spain's statistical office INE is set to publish producer prices for May. Producer prices Read More →

The euro area private sector growth moved close to stagnation after the brief growth revival in the spring, survey results from S&P Global showed on Friday. The composite output index fell to 50.3 in June from 52.8 in May. This Read More →

The UK private sector expanded for the fifth straight month in June albeit at the slowest pace in three months as the upturn in services activity was largely offset by the contracting manufacturing sector, flash survey results from S&P Global Read More →

The U.S. dollar firmed against its major counterparts on Friday amid concerns about inflation and on Fed Chair Jerome Powell's congressional testimony that signaled more interest rate hikes from the U.S. central bank.Original Article Read More →

Retail sales from the UK and flash Purchasing Managers' survey results from the UK as well as major euro area economies are due on Friday. At 2.00 am ET, the Office for National Statistics publishes UK retail sales data. Sales Read More →

First-time claims for U.S. unemployment benefits were unchanged in the week ended June 17th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims came in at 264,000, unchanged from the previous week's Read More →