Monthly archive July, 2023

The European Central Bank is slated to announce its monetary policy decision later today after the U.S. Federal Reserve hiked its benchmark rate by a quarter-point on Wednesday. Markets widely expect the ECB to raise the main refi rate again Read More →

Eurozone bank lending and money supply registered slower growth in June, reflecting the pass through effect of the rising interest rates, data released by the European Central Bank revealed on Wednesday. Credit to the private sector posted an annual growth Read More →

Reflecting pops in both current conditions and expectations, the Conference Board released a report on Tuesday showing U.S. consumer confidence improved by much more than expected in the month of July.Original Article Read More →

South Korea's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the second quarter of 2023, the Bank of Korea said in Tuesday's advance estimate.Original Article Read More →

The U.S. dollar firmed against its major rivals on Thursday, buoyed by data showing an unexpected drop in jobless claims in the week ended July 15.Original Article Read More →

Retail sales and public sector finances from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finances figures. Read More →