Preliminary U.S. consumer sentiment shows doubts

Source: Chicago Tribune
Consumer expectations deteriorated for a third consecutive time, and consumer sentiment in the U.S. slipped. The preliminary July report based on Reuters and University of Michigan's research stated consumes sentiment index is at 81.3, a reading below expectations. Consumer confidence declined due to negative GDP growth in the first quarter and shallow employment gains. 
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Fri, 18 Jul 2014 16:39:11 GMT

EUR/USD pulls away from January low

A release of U.S. consumer sentiment report drove the Euro away from 1.3491, the lowest point since January. University of Michigan stated that CSI (Consumer Sentiment Index) dipped to 81.3 during a month. EUR/USD rose to 1.3513 and is likely to be supported at 1.3478, while the resistance is reckoned to be at 1.3540. Meanwhile, the Euro settled at 0.7918

Fri, 18 Jul 2014 16:17:07 GMT

Canadian CPI inched up 2.4%

June provided a 2.4% increase, following a 2.3% rise in May. Prices surged in all main components over the whole year. Respectively, shelter costs jumped 2.9%, electricity prices added 4.2%, food prices +2.9%, transportation index +2.2% and gasoline advanced 5.4%, clothing and footwear +1.6%, whereas the index for alcohol and tobacco advanced 4.1% during 12 months to June.

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