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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone CPI advanced as expected in July
The final consumer price index (CPI) in the Euro-zone recorded a rise of 2.10% on a YoY basis in July, at par with market expectations. In the prior month, the CPI had risen 2.00%.
Euro-zone current account surplus dropped in June
The Euro-zone has reported the seasonally adjusted current account surplus of €23.50 billion in June, compared to a revised surplus of €24.40 billion in the prior month.
US consumer sentiment index slid unexpectedly in August
The US preliminary Reuters/Michigan consumer sentiment index unexpectedly eased to a level of 95.30 in August, compared to a reading of 97.90 in the prior month. Market expectation was for the index to climb to a level of 98.00.
US leading indicator advanced more than expected in July
On a monthly basis, leading indicator in the US rose 0.60% in July, higher than market expectations for an advance of 0.40%. Leading indicator had risen 0.50% in the previous month.
Canadian CPI rose more than expected in July
In Canada, the CPI recorded a rise of 0.50% on a MoM basis, in July, higher than market expectations for an advance of 0.10%. The CPI had risen 0.10% in the prior month.
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