U.S. consumer prices climbed 0.5% last month

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Source: WBP Online
© Scanpix/Reuters
U.S. consumer price index rose 0.5% in June after an increase of 0.1% the month before. Markets expected a 0.3% advance. On 12-month basis ending in June, the CPI reached 1.8% in June, matching expectations. Core consumer price index, which excludes food and energy goods and services, rose 1.6% from June 2012.
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Tue, 16 Jul 2013 14:51:05 GMT

U.K. gilts advance after report on inflation

U.K. gilts climbed and returns on two-yield securities dropped to almost two-month low on speculation low inflation rate will encourage the Bank of England to continue its monetary stimulus. The returns declined five basis points to 0.32% at 12:19 p.m. in London. The bonds also increased before the BOE reveals the minutes of its recent monetary policy meeting.

Tue, 16 Jul 2013 14:29:06 GMT

Europe vehicle sales fall

European auto sales fell to the lowest level in two decades, German investor sentiment surprisingly decreased and Eurozone's exports dropped for a second straight month, rising worries that the region's economy is struggling. Car registrations fell 6.3% to 1.18 million autos in June compared to previous year, while the ZEW index missed the expectations by dropping to 36.3 this month.

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