- US retail sales rise 0.6% as Americans spend more on electronics, clothes and eating out
- Eurozone inflation dips to 1.9%, trade surplus shrinks to €7.5bn
- EU car sales rise 10% in June but remain below pre-pandemic levels, as BOJ leaves policy unchanged and cuts GDP forecast for this year
- GSK to turn Stevenage R&D site into big life sciences campus
- Closing summary
- Lunchtime market summary
Wall Street has recorded modest gains after a surprise rebound in US retail sales, while Europe’s main indices are all in the red. The Dow Jones was 0.55% ahead but has just turned negative, while the Nasdaq has gained 0.2% and the S&P 500 is trading 0.21% higher.
A closely watched survey, the University of Michigan’s US consumer sentiment index, has weakened to a five-month low in July.
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Consumer sentiment in the US has weakened to a five-month low, according to this survey.
The University of #Michigan's #Consumer #Sentiment for the US dropped to a five-month low of 80.8 in July 2021, from 85.5 in the previous month and missing market expectations of 86.5, a preliminary estimate showed. #DGCX #FOREX #FUTURES #FXNEWS pic.twitter.com/jS5j47QAs8