Economic News Page 1
Economic preview: central bankers in Jackson Hole
Don't expect any major monetary policy announcements this week as the world's central bankers are on their way to Jackson Hole, a small town in Wyoming, for the annual economic symposium
Europe sees 33rd successive month of ETF/ETP inflows
Exchange-traded funds and other listed exchange-traded products in Europe gathered net inflows of US$10.16bn in July, says ETFGI, a London, England-based independent research and consultancy firm.
Euro falls as ECB minutes reveal exchange rate fears
The euro fell on Thursday after the European Central Bank's governing council expressed concerns about the exchange rate "overshooting" in the minutes of its July meeting
Core inflation rising slowly across Eurozone
The latest eurozone inflation figures released on Thursday show a stable picture for core inflation, which remained unchanged at 1.3% and at 1.5% for the wider European Union
Summer storms and spending squeeze hit UK retail sales
A wet and windy turn in the British summer in July put consumers off visits to the high street and other shopping centres as retail sales growth slowed from June's energetic pace
Eurozone GDP rises at 2.2% in the second quarter
Eurozone growth rose faster in the second-quarter than in the first three months, and pipped expectations of a flat reading, according to the flash gross domestic product estimate
UK wage and labour market cheer boost sterling
Good news for Britain's consumers after UK labour market data show employers are responding to pressure to lift workers' pay as the unemployment rate falls to a 42-year low
US retail sales growth boosts dollar
The US dollar got a boost on Tuesday after data showed retail sales in the US held up well in July, while a measure of business activity among New York state's manufacturers rose at its fastest pace in three years
UK consumer inflation at 2.6% as pressures remain
Britain's rate of consumer inflation held steady in July as the negative impact on price growth from falling petrol prices offset rising gas and electricity costs and other goods and services