• Tue, Sep 02, 2025 16:44
    Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

    Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

  • Tue, Sep 02, 2025 14:36
    U.S. Construction Spending Unexpectedly Edges Lower In July

    A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

  • Tue, Sep 02, 2025 14:22
    U.S. Manufacturing Index Inches Up In Line With Estimates In August

    The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

  • Tue, Sep 02, 2025 10:16
    Pound Slides After UK Starmer's Reshuffle

    The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.

  • Tue, Sep 02, 2025 10:07
    Eurozone Inflation Rises Slightly To 2.1%

    Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.

  • Tue, Sep 02, 2025 08:41
    Yen Slides Amid BoJ Rate Hike Uncertainty

    The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.

  • Tue, Sep 02, 2025 06:24
    European Economic News Preview: Eurozone Flash Inflation Data Due

    Flash inflation from the euro area and unemployment from Spain are due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor agency is slated to issue unemployment figures for August. The number of unemployed is expected to increase 14,200 after falling 1,400 in July. At 3.30 am ET, revised GDP data is due from Hungary.

  • Mon, Sep 01, 2025 12:20
    UK Mortgage Approvals Rise To 6-Month High

    UK mortgage approvals increased to the highest in six months in July but secured lending decreased to a two month low, official data showed Monday. Mortgage approvals for house purchases, an indicator of future borrowing, rose by 800 to 65,400 in July, the Bank of England said. This was the highest total since January, when approvals hit 65,775. Approvals were forecast to drop to 64,000.

  • Mon, Sep 01, 2025 11:40
    Eurozone Manufacturing Growth At 38-Month High

    The euro area manufacturing activity grew at the fastest pace in more than three years in August driven by a sharp rise in output and the renewed uptick in domestic demand, data published by S&P Global showed on Monday. The HCOB final manufacturing Purchasing Managers' Index improved to 50.7 in August from 49.8 in July. This was the first expansion in the currency bloc since June 2022. The flash

  • Mon, Sep 01, 2025 09:29
    UK House Price Growth Softens In August

    UK house prices logged a slower pace of growth in August due to stretched affordability, the Nationwide Building Society said Monday. House prices increased 2.1 percent on a yearly basis in August, slower than the 2.4 percent rise seen in July. On a monthly basis, house prices edged down 0.1 percent, in contrast to the 0.5 percent increase in the previous month.

  • Mon, Sep 01, 2025 07:14
    China Manufacturing Activity Returns To Growth

    China's manufacturing sector returned to growth in August as rising orders pushed up purchasing activity and unfinished business but firms remained cautious about hiring, survey data from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index posted 50.5 in August, up from 49.5 in July. A reading above 50.0 indicates expansion in the sector.

  • Mon, Sep 01, 2025 05:49
    European Economic News Preview: UK Mortgage Approvals, House Price Data Due

    Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.

  • Fri, Aug 29, 2025 20:28
    German Inflation Accelerates To 2.2% In August

    Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.

  • Fri, Aug 29, 2025 14:25
    U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

    The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

  • Fri, Aug 29, 2025 14:07
    Chicago Business Barometer Slumps Much More Than Expected In August

    MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

  • Fri, Aug 29, 2025 13:23
    U.S. Consumer Prices Increase In Line With Estimates In July

    Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

  • Fri, Aug 29, 2025 12:54
    German Unemployment Exceeds 3 Mln

    Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

  • Fri, Aug 29, 2025 10:23
    French Inflation Cools; Economy Expands As Estimated

    France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.

  • Fri, Aug 29, 2025 08:53
    Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data

    The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.

  • Thu, Aug 28, 2025 23:24
    South Korea July Industrial Production Rises 0.3%

    Industrial output in South Korea added a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.

  • Thu, Aug 28, 2025 14:30
    U.S. Pending Home Sales Fall More Than Expected In July

    A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

  • Thu, Aug 28, 2025 14:20
    Eurozone Economic Confidence Weakens In August

    Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.

  • Thu, Aug 28, 2025 13:57
    U.S. Economy Surges More Than Previously Estimated In Q2

    The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

  • Thu, Aug 28, 2025 13:51
    U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

    A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

  • Thu, Aug 28, 2025 12:45
    Switzerland Logs Weaker Growth, Trims 2026 Outlook

    The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.