International News
- US gross domestic product grew at a 4.1% pace in the second quarter, its best pace since 2014, and following an upwardly revised 2.2% growth in Q1 2018.
- US GDP advanced 2% in Q1 2018 following growth of 2.9% in Q4 2017.
- US consumer sentiment slipped to 97.9 in July from 98.2 in June.
- US trade gap widened 7.3% to $46.3 bn in June from a revised $43.2 bn in the prior month.
- US durable goods orders jumped by 1% in June after falling by a revised 0.3% in May.
- US factory goods orders increased 0.7% in June compared to an unrevised 0.4% rise in May.
- UK composite PMI was 53.5 in July, down from 55.1 in June.
- UK Construction PMI rose unexpectedly to 55.8 in July from 53.1 in the previous month.
- Eurozone services PMI was 54.2 in July compared to 55.2 in June.
- Eurozone economic sentiment index fell to 112.3 in June from 112.5 in May.
- Eurozone producer prices advanced 3.6% annually in June, faster than the 3% rise in May.
- Japan’s unemployment rate rose to 2.5% in July from 2.4% in June.
- Japan’s industrial output fell 0.1% in July from the previous month, following a 1.8% decline in June.
- Japan’s industrial production fell 0.2% in May from the previous month, following a 0.5% increase in April.
- Japan’s jobless rate fell in May to 2.2% from 2.5% in the previous three months. .
- China’s industrial profits rose 20% to 658.29 bn yuan in June, compared with a 21.1% rise in May.
- China Caixin services PMI fell to 52.8 in July from 53.9 in June, while composite PMI fell to 52.3 in July from 53.0 in June
Last Updated: 31st July 2018
Next Update On: 15th August 2018
Update Frequency: Once Every Fortnight
