Italy’s Retail Sales Fall For Second Month

Italy’s retail sales dropped for the second straight month in July, the statistical office Istat reported Friday. Retail sales value decreased 0.1 percent each on a monthly basis in July and June. July’s drop was driven by a 0.3 percent fall in non-food goods sales. Meanwhile, food product sales were ...

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Hungary July Trade Surplus Rises

Hungary’s trade surplus for July increased from a year ago amid strong growth in both exports and imports, preliminary data form the Hungarian Central Statistical Office showed Friday. The trade surplus grew by EUR 91 million to EUR 373 million. In June, the surplus was EUR 1.024 billion. Exports rose ...

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Eurozone GDP Expands As Estimated In Q2

The euro area economy expanded as initially estimated in the second quarter, data from Eurostat showed Friday. Gross domestic product climbed 0.4 percent sequentially, the same rate as seen in the first quarter and in line with preliminary estimate. On a yearly basis, GDP growth eased to 2.1 percent from ...

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Pound Little Changed After UK Halifax House Prices

At 3.30 am ET Friday, UK Halifax house price data has been released. After the data, the pound changed little against its major counterparts. The pound was trading at 143.26 against the yen, 1.2490 against the franc, 0.8993 against the euro and 1.2944 against the greenback around 3:35 am ET. ...

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Treasuries Move To The Upside Following Slew Of Economic Data

After ending the previous session roughly flat, treasuries moved moderately higher over the course of the trading day on Thursday. Bond prices moved to the upside early in the session and remained in positive territory throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of ...

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