Canadian NHPI continues to post gains

Source: Investing.com
© Reuters

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.

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Thu, 14 Jul 2016 13:38:52 GMT

US stocks open higher

Wall Street opened elevated on Thursday amid the release of better than expected US weekly initial jobless claims and PPI data. At the session start, the S&P 500 Index jumped 0.59% to 2,165.09, whereas the Dow Jones Industrial Average Index gained 0.67%, opening at 18,494.87, and the Nasdaq Composite Index advanced 0.70%, starting at 5,040.87 points.

Thu, 14 Jul 2016 14:00:04 GMT

US PPI grows more than expected in June

Producer prices in the United States rose 0.3% on an annual basis in June, following the 0.1% drop seen in the previous month, while analysts anticipated an unchanged figure in the reported month. On a monthly basis, the PPI increased 0.5%, up from May's 0.4%, whereas market analysts expected the Index to fall to 0.3% in June.

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