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European gas: Prices stay elevated as supply tightens – Commerzbank
Norman Liebke at Commerzbank expects European gas prices to remain high in the near term, even if the Strait of Hormuz reopens sustainably.
United States Import Price Index (YoY) climbed from previous 6.7% to 7.1% in June
United States Import Price Index (YoY) climbed from previous 6.7% to 7.1% in June
US Dollar: Energy shock may delay renewed downtrend – MUFG
MUFG’s Derek Halpenny notes that ongoing Middle East conflict, stronger United States (US) data and crude Oil risks are limiting US Dollar (USD) selling. Better manufacturing and retail figures have not shifted Fed expectations much, but a full hike remains priced by year-end.
United States Export Price Index (YoY) down to 10.2% in June from previous 11.2%
United States Export Price Index (YoY) down to 10.2% in June from previous 11.2%
United States Building Permits Change fell from previous -0.7% to -3% in June
United States Building Permits Change fell from previous -0.7% to -3% in June
Canada Foreign Portfolio Investment in Canadian Securities came in at $7.9B below forecasts ($15.21B) in May
Canada Foreign Portfolio Investment in Canadian Securities came in at $7.9B below forecasts ($15.21B) in May
Canada Canadian Portfolio Investment in Foreign Securities rose from previous $-11.36BÂ to $22.27B in May
Canada Canadian Portfolio Investment in Foreign Securities rose from previous $-11.36BÂ to $22.27B in May
United States Housing Starts (MoM) above forecasts (1.31M) in June: Actual (1.427M)
United States Housing Starts (MoM) above forecasts (1.31M) in June: Actual (1.427M)
United States Building Permits (MoM) came in at 1.367M, below expectations (1.4M) in June
United States Building Permits (MoM) came in at 1.367M, below expectations (1.4M) in June
United States Import Price Index (MoM) above forecasts (-0.7%) in June: Actual (0.3%)
United States Import Price Index (MoM) above forecasts (-0.7%) in June: Actual (0.3%)
United States Housing Starts Change climbed from previous -15.4% to 19% in June
United States Housing Starts Change climbed from previous -15.4% to 19% in June
United States Export Price Index (MoM) registered at -0.6%, below expectations (-0.4%) in June
United States Export Price Index (MoM) registered at -0.6%, below expectations (-0.4%) in June
Breaking: UoM Consumer Sentiment Index is seen improving to 54.4 in July
American consumer confidence regained momentum in early July, as households grew more optimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan.