The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone CPI advanced as expected in June
The final consumer price index (CPI) in the Euro-zone climbed 1.30% on an annual basis in June, compared to an advance of 1.40% in the prior month. Markets were expecting the CPI to rise 1.30%. The preliminary figures had also indicated an advance of 1.30%.
Euro-zone CPI remained flat in June
In June, the CPI in the Euro-zone remained flat on a MoM basis, meeting market expectations. In the previous month, the CPI had recorded a drop of 0.10%.
Euro-zone core CPI advanced as expected in June
In June, the final core CPI in the Euro-zone, climbed 1.10% on a YoY basis, in line with market expectations. The preliminary figures had also recorded an advance of 1.10%. In the previous month, the core CPI had recorded a rise of 0.90%.
US NY Empire State manufacturing index fell in July
The NY Empire State manufacturing index in the US registered a drop to 9.80 in July, compared to market expectations of a drop to a level of 15.00. In the previous month, the NY Empire State manufacturing index had recorded a reading of 19.80.
Canadian existing home sales fell in June
In June, on a monthly basis, existing home sales recorded a drop of 6.70% in Canada. In the prior month, existing home sales had recorded a drop of 6.20%.
Foreign investors remained net buyers of Canadian securities in the previous month
Foreign investors were net buyers of C$29.46 billion worth of Canadian securities in May, as compared to being net buyers of a revised C$10.61 billion worth of Canadian securities in the prior month.
Canadian investors turned net buyers of foreign securities in the previous month
Canadian investors turned net buyers of C$4.37 billion worth of foreign securities in May, as compared to being net sellers of C$9.87 billion worth of foreign securities in the prior month.
Japanese Tokyo condominium sales slid in June
In Japan, Tokyo condominium sales fell 25.10% on an annual basis, in June. In the prior month, Tokyo condominium sales had registered a drop of 13.30%.
Chinese house price index rose in June
In June, on a YoY basis, the house price index advanced 10.20% in China. In the prior month, the house price index had registered a rise of 10.40%.
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