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US CPI flat in July

The US consumer-price index was unchanged on a seasonally adjusted basis in July from the prior month, the Labor Department said Tuesday. The flat reading matched expectations and comes after a 0.2% rise in June. Excluding volatile categories such as food and energy, consumer prices

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CMA May Reverse ICE’s $650 Million Trayport Takeover

Photo: Bloomberg Financial and commodity markets operator Intercontinental Exchange (ICE) should consider reversing its $650 million takeover of commodities trading software house, Trayport, according to the Competition and Markets Authority (CMA), Britain’s competition watchdog. Join the industry leaders at the Finance Magnates London Summit, 14-15

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July 2016 US CPI 0.8% vs 0.9% exp y/y

Details of the July 2016 US CPI inflation data report 16 August 2016 Prior 1.0% 0.0% vs 0.0% exp m/m. Prior 0.2% Core 2.2% vs 2.3% exp y/y. Prior 2.3% 0.1% vs 0.2% exp m/m. Prior 0.3% Real average weekly earnings 0.6% vs -0.1% prior

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US July housing starts 1211K vs 1180K expected

US housing starts and building permits data Prior was 1189K (revised to 1186K) Housing starts +2.1% vs -0.8% exp Building permits 1152K vs 1160K exp Prior building permits 1153K Building permits -0.1% vs +0.6% exp Starts a bit better than expected while permits a touch on

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China rebalancing: Slowly but surely – Goldman Sachs

Research Team at Goldman Sachs, suggests that while macro evidence suggests limited progress, micro details reveal clear evidence that the source of Chinese demand has been slowly but surely shifting. Key Quotes “The key behind this macro vs. micro disconnect, in our view, is the

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EUR/USD retreats below 1.1300 despite poor US CPI

The selling pressure in the greenback is everything but abated today, lifting EUR/USD to fresh highs in the 1.1320 area albeit losing some ground afterwards. EUR/USD stronger on data The pair’s upside has gathered further traction today after US inflation figures showed consumer prices have