US initial jobless claims remain flat

Source: Investing.com
© Reuters

The number of Americans filing for unemployment aid booked 254,000 in the week ended July 9, unchanged from last week's 254,000, whereas market analysts anticipated an increase to 265,000 claims in the reported week, fresh figures from the Department of Labor showed on Thursday. This marks 71 consecutive weeks of initial jobless claims below 300,000, the longest streak since 1973.

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Thu, 14 Jul 2016 13:15:47 GMT

Canadian NHPI continues to post gains

Canadian new home prices grew 0.7% month-over-month on a non-seasonally adjusted basis in May, surpassing the previous month's hike of 0.3%, whereas market analysts predicted a slight fall to 0.2% in the reported month, fresh data from Statistics Canada showed on Thursday. The NHPI increased for 14 consecutive months.

Thu, 14 Jul 2016 13:06:35 GMT

Bank of England leaves interest rates on hold

The Bank of England decided to keep its key interest rates at 0.50% on Thursday, whereas analysts expected the central bank to cut its Bank Rate to 0.25 %, following the June 23 referendum. Once the data was released, the British Pound advanced  2% against the US Dollar, trading at $1.34 on the London Stock Exchange.

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