German investor morale falls on Brexit concerns

Source: Investing.com
© Reuters

The mood among German analysts and investors worsened due to uncertainty created by the recent Brexit vote. The Investor Confidence Index calculated by the ZEW economic institute came in at -6.8 in July, following the previous month's reading of 19.2 points, according to fresh figures released on Tuesday. Market analysts anticipated a decrease to 9.0 in the reported month.

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Tue, 19 Jul 2016 12:53:40 GMT

US housing starts grow more than expected in June

On a month-on-month seasonally-adjusted basis, US housing starts rose 4.8% to 1.189 million in June, compared to analysts' expectations of an increase to 1.1150 million. In addition, building permits grew 1.5% to 1.153 million in the same period, whereas market analysts anticipated a rise to 1.165 million, the US Census Bureau said on Tuesday.

Tue, 19 Jul 2016 12:37:53 GMT

UK June CPI ignores Brexit

The British CPI rose 0.2% month-over-month in June, in line with the previous month's reading and the market forecast. On an annual basis, the inflation rate increased 0.5% in June, whereas analysts expected the reading to at the previous month's 0.3%. Meanwhile, the country's core CPI grew 1.4% year-over-year in the reported month, following May's 1.2% and surpassing the 1.3%

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