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United States Retail Sales (YoY) declined to 6.7% in June from previous 6.9%
United States Retail Sales (YoY) declined to 6.7% in June from previous 6.9%
United States Continuing Jobless Claims registered at 1.805M, below expectations (1.82M) in July 3
United States Continuing Jobless Claims registered at 1.805M, below expectations (1.82M) in July 3
United States Retail Sales ex Autos (MoM) below forecasts (-0.1%) in June: Actual (-0.2%)
United States Retail Sales ex Autos (MoM) below forecasts (-0.1%) in June: Actual (-0.2%)
United States Retail Sales Control Group meets expectations (0.5%) in June
United States Retail Sales Control Group meets expectations (0.5%) in June
United States Philadelphia Fed Manufacturing Survey above forecasts (13) in July: Actual (41.4)
United States Philadelphia Fed Manufacturing Survey above forecasts (13) in July: Actual (41.4)
United States Retail Sales (MoM) meets expectations (0.2%) in June
United States Retail Sales (MoM) meets expectations (0.2%) in June
United States Initial Jobless Claims came in at 208K below forecasts (217K) in July 10
United States Initial Jobless Claims came in at 208K below forecasts (217K) in July 10
United States Initial Jobless Claims 4-week average down to 214.25K in July 10 from previous 218.75K
United States Initial Jobless Claims 4-week average down to 214.25K in July 10 from previous 218.75K
US Dollar Index: Decline seen overdone – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) has steadied near a one‑month low after softer United States (US) Producer Price Index (PPI) and Consumer Price Index (CPI) data weighed on Fed funds pricing.
Canadian Dollar: BoC hold and guidance shift – TD Securities
TD Securities notes the Bank of Canada (BoC) kept its policy rate at 2.25% and softened guidance by removing references to both rate-cut risks and consecutive hikes. Markets interpreted the statement as mildly dovish, but prior moves limited volatility.
Canada Housing Starts s.a (YoY) below expectations (258K) in June: Actual (239K)
Canada Housing Starts s.a (YoY) below expectations (258K) in June: Actual (239K)
European Central Bank: Hawkish hold bias – Rabobank
Rabobank’s Bas van Geffen expects the ECB to keep the deposit rate at 2.25% in July, judging a hike as a tail risk that would require a much stronger energy shock.
United Kingdom NIESR GDP Estimate (3M) dipped from previous 0.933%Â to 0.4% in June
United Kingdom NIESR GDP Estimate (3M) dipped from previous 0.933%Â to 0.4% in June