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Finland’s jobless rate declined focused and employment increased in April, figures from Statistics Finland showed on Tuesday. The unemployment rate trend for the 15 to 74 age group declined to 6.2 percent in April from 8.0 percent in the same month last year. In March, the unemployment rate was 6.4 percent. The jobless rate fell […]
The Czech Republic’s economic confidence improved in May, while consumer confidence decreased to the lowest in a decade, survey results from the Czech Statistical Office showed on Tuesday. The economic sentiment index rose to 101.8 in May from 100.0 in April. The business confidence index increased to 107.0 in May from 103.8 in the previous […]
South Africa’s composite leading index increased in March, survey data from the South African Reserve Bank showed on Tuesday. The composite leading index rose 0.6 percent month-on-month to 128.0 in March from 127.2 in February. Compared to a year ago, the increase was 0.5 percent. Among the nine available components, increases in six outweighed decreases […]
France’s economic activity slowed in May as manufacturing morale weakened amid falling demand and rising inflationary pressures, while services continued to underpin the economy after restrictions linked to the Covid-19 pandemic were relaxed. French manufacturers were less confident in May, mainly due to the weaker assessment of production prospects and foreign order books, while inflation […]
UK retailers expect sales to fall in June, the latest quarterly Distributive Trades Survey from the Confederation of British Industry showed on Tuesday. Retail sales were broadly flat in May with the corresponding balance rising to -1 percent versus -35 percent in April. However, a net 4 percent expects sales to decrease over the next […]
The pound declined against its major counterparts in the European session on Tuesday, as the nation’s private sector growth slumped to its weakest level since March 2021 as high inflation and heightened geopolitical uncertainty dampened customer demand in May. Survey results from S&P Global and Chartered Institute of Procurement & Supply showed that the flash […]
France’s private sector continued to expand at a stronger pace in May despite slower expansions in both the manufacturing and services sectors, survey data from S&P Global showed on Tuesday. The flash composite output index, which combines manufacturing and services, dropped to a two-month low of 57.1 in May from 57.6 in April, which was […]
US new home sales for April are due at 10:00 am ET Tuesday. Ahead of the data, the greenback traded mixed against its major counterparts. While it held steady against the pound, it weakened against the rest of major rivals. The greenback was worth 126.63 against the yen, 1.0738 against the euro, 1.2528 against the […]
US new home sales for April have been released at 10:00 am ET Tuesday. The greenback changed little against its major rivals after the data. The greenback was trading at 126.53 against the yen, 1.0738 against the euro, 1.2510 against the pound and 0.9594 against the franc around 10:01 am ET.
