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Monthly archive July, 2023

European Economic News Preview: Eurozone Foreign Trade Data Due

Foreign trade from the euro area is the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for June. Economists forecast wholesale Read More →

U.S. Producer Prices Inch Up Less Than Expected In June, Annual Growth Slows To Just 0.1%

Following yesterday's tamer-than-expected consumer price inflation data, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also inched up by slightly less than expected in the month of June.Original Article Read More →

Tamer-Than-Expected Inflation Data Weighing On U.S. Dollar

The value of the U.S. dollar has shown a substantial move to the downside during trading on Wednesday following the release of tamer-than-expected inflation data.Original Article Read More →

European Economic News Preview: Bank Of England’s Financial Stability Report Due

The financial stability report from the Bank of England is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Bank of England releases the Financial Policy Committee summary and record. At 3.00 Read More →

Dollar Extends Losses Against Major Rivals

The U.S. dollar traded weak on Monday, extending losses from the previous session, with traders looking ahead to some crucial data, including the inflation numbers.Original Article Read More →

U.S. Wholesale Inventories Virtually Unchanged In May

Wholesale inventories in the U.S. were roughly flat in the month of May, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories were virtually unchanged in May after falling by a revised Read More →