ECB LEAVES POLICY UNCHANGED; SEES ‘PARTIAL RECOVERY’ IN MAY AND JUNE
— Lagarde Passes Baton to European Leaders Ahead of EU Relief Package Negotiations due on Friday By Laurie Laird LONDON (MaceNews) – The Eurozone economy bottomed out in April, the European Central Bank said Thursday, after leaving policy unchanged at its latest rate-setting meeting, while urging European governments to quickly agree a new fiscal package […]
DATA FLASH: US JUNE RETAIL SALES STRONGER THAN EXPECTED, UP 7.5%
-Retail Sales Excluding Motor Vehicles Rise 7.3%; Vehicle Sales Up 8.2%-Initial Jobless Claims Fall by 10,000 to 1.310m in the July 11 Week-Philadelphia Fed Index Dips to 24.1 in July from 27.5 in June-NAHB Index Rises To 72 in July From 58 in June, Almost Pre-COVID Level-Business Inventories Fall 2.3% in May, Business Sales Up […]