Italy’s Franco: Inflation doesn’t seem likely to decline quickly
Italy economy minister Daniele Franco said on Friday, inflation doesn't seem likely to decline quickly.
Canada: Unemployment Rate declines to 4.9% in June vs. 5.1% expected
Unemployment Rate in Canada fell unexpectedly in June. USD/CAD trades in positive territory above 1.3000
US: Unemployment rate to edge back down to 3.5% for June – Societe Generale
Analysts at Societe Generale offer a sneak peek at what to expect from Friday’s US
US: Weekly Initial Jobless Claims rise to 235K vs. 230K expected
Initial Jobless Claims rose by 4,000 in the week ending July 2. US Dollar Index
German Industrial Production rise 0.2% MoM in May vs. 0.4% expected
Industrial Production in Germany rose less than expected in May, the official data showed on
US: ISM Services PMI declines to 55.3 in June vs. 54.5 expected
ISM Services PMI edged lower in June, came in better than market expectation. US Dollar
US: S&P Global Services PMI drops to 52.7 (final) in June
S&P Global Services PMI in the US fell modestly in June. US Dollar Index clings
China’s Q2 GDP likely expanded by about 0.9% – Yicai
Citing a poll of economists, Yicai.com reported on Thursday that “the Chinese economy is likely
Service sector activity is cooling, not buckling
Summary The message from the June ISM report is that service activity is cooling rather
German Factory Orders unexpectedly rise 0.1% MoM in May
German Factory Orders rose 0.1% MoM in May vs. -2.7% last. German Factory output arrived