US manufacturing output reaches over 6-month high in June, stays above forecast
Jul 18, 2016 09:41 am UTC| Commentary
Manufacturing output in the United States climbed to over six-month high in June, remaining slightly above forecast, buoyed by automobile production, a sign that the economy is recovering from the shackles of weak domestic...
US consumer prices rise in June; inflation likely to keep rising modestly through 2016
Jul 18, 2016 09:36 am UTC| Commentary Economy
US consumer prices for the month of June came in a tad below market projections. Inflation accelerated 0.2 percent, as compared with consensus forecast of 0.3 percent rise. Core inflation, excluding energy and food, also...
US industrial production rises in June on gains in automobile manufacturing
Jul 18, 2016 09:30 am UTC| Commentary
Industrial production in the United States rose during the month of June, beating market expectations and tracking gains in automobile manufacturing and utility output, indicating that the economy is recovering towards the...
US retail sales come in above expectations in June; consumer spending likely rose in Q2
Jul 18, 2016 09:18 am UTC| Commentary Economy
The advance Census Bureau has reported that the US retail sales grew 0.6 percent on sequential basis in June. The headline print came in better than anticipated, with consensus projection at a weaker rise of 0.1 percent....
German bunds gain ahead of ECB policy decision
Jul 18, 2016 09:16 am UTC| Commentary
The German bunds gained on Monday as investors remain cautious ahead of the European Central Bank policy decision, scheduled to take place on Thursday at 11:00 GMT. The yield on the benchmark 10-year bond fell 2 basis...
US existing home sales likely to have eased in June
Jul 18, 2016 09:09 am UTC| Commentary Economy
Existing home sales in the US areexpected to have eased in June after rising for three consecutive times, noted Societe Generale in a research report. In the past three months, existing home sales rose a total of 9...
Fundamentals to watch out for this week
Jul 18, 2016 09:06 am UTC| Commentary Economy
In terms of data, this week is relatively less risk heavy but post-Brexit fallouts can always compensate for that. What to watch for over the coming days: US earnings season - Once again the earnings will...