US non-farm employment change

Source: Bloomberg
During the month of July 209,000 jobs were added in the US. Compared to the previous month and the current month's forecast, 298,000 and 230,000 respectively, the number was disappointing. However, being the six month in a row to increase by over 200,000 jobs, it represents a sign of increasing optimism regarding the economic view. Adding to this, the unemployment rate was also released, climbing from 6.1 to 6.2 percent.
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Fri, 01 Aug 2014 14:04:10 GMT

U.S. consumer spending jumps, inflation drops

The Commerce Department reported today that U.S. consumer expenditure grew for the fifth month in a row in June having jumped 0.4%. Spending is being supported by the firm growth in income, which increased 0.4% in June, owing to the recovering labour market. Despite the gains in expenditure, inflation slipped in June.

Fri, 01 Aug 2014 12:54:04 GMT

Euro Zone PMI slightly decreases

According to the reports by Markit published today, the Euro Zone's PMI decreased unexpectedly in July. The manufacturing PMI dropped slightly to 51.8 falling down from 51.9 in the previous month. The Euro Zone's manufacturing PMI was expected to stay unaltered at 51.9, but has declined due to further reduction in French manufacturers.

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