Economic News
Friday preview: China June trade data, Hays in the spotlight
The focus at the end of the week will shift back towards Asia, with the Chinese customs and trade administration set to release its latest set of statistics for foreign trade, covering the month of June this time.
UK mortgage lending picks up, credit conditions seen improving
UK mortgage lending picked up in May, figures from the industry on Thursday showed, while the Bank of England reported slightly higher credit availability for residential mortgages in the second quarter.
US CPI rise in-line with expectations, economists see June as peak
Consumer price inflation in the US edged higher last month on the back of dearer cars and trucks and medical care services, although economists believed that for the moment price pressures might have peaked.
US initial jobless claims drop more than forecast
The number of Americans filing for unemployment benefits fell more than expected last week, according to data released by the Labor Department on Thursday.
Trump claims he has forced $33bn increase in NATO spending
US President Donald Trump claimed on Thursday he had forced other countries in the NATO alliance to increase their spending by $33bn, according to media reports.