Durable Goods Orders in the United States (US) declined by 4.5%, or $15.6 billion, in May to $332.1 billion, the US Census Bureau reported on Thursday. This reading followed the 8.5% increase recorded in April and came in line with the market expectation.
The final GDP Growth Rate showed the economy expanded by 2.1% in the January-March period, the Commerce Department’s Bureau of Economic Analysis (BEA) reported on Thursday. The reading shows a marked increase from the prior quarter’s 0.5% expansion.
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 215K for the week ending June 20.
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, climbed to 4.1% in May from 3.8% in April, the US Bureau of Economic Analysis (BEA) reported on Thursday. This reading came in line with the market expectation.
United States Continuing Jobless Claims came in at 1.821M, above expectations (1.8M) in June 12
United States Personal Spending above forecasts (0.6%) in May: Actual (0.7%)
United States Personal Consumption Expenditures - Price Index (YoY) in line with forecasts (4.1%) in May
EUR/GBP trades on the back foot around 0.8620 on Thursday, hovering near the lower end of the multi-month range that has held since July 2025.
United States Core Personal Consumption Expenditures (QoQ) in line with forecasts (4.4%) in 1Q
United States Personal Income (MoM) above expectations (0.4%) in May: Actual (0.7%)
United States Core Personal Consumption Expenditures - Price Index (MoM) meets forecasts (0.3%) in May
United States Personal Consumption Expenditures - Price Index (MoM) came in at 0.4% below forecasts (0.5%) in May
