Economy : Page 838

U.S. house price growth eases a touch in April

June 29, 2016 U.S. house price growth slowed just a touch in April, according to the S&P/Case-Shiller National Home Price Index, and the outlook is uncertain following Brexit and ahead of the U.S. elections.

UK retail sales hold up in June but economists downbeat

June 29, 2016 A gauge of UK retail sales was stronger than expected in June, although the data in the run-up to the EU referendum and were generally downbeat regarding the immediate outlook for consumption.

German consumer sentiment set to improve in July

June 29, 2016 German consumer sentiment is set to improve next month but uncertainty following the UK's decision to leave the European Union could take its toll, according to GfK.

UK's exit from EU will hit Mexico hard

June 29, 2016 Britain's decision to break away from the European Union (Brexit) will have an adverse effect on Mexico's short-term economic outlook, Barclays Mexico said.

U.S. consumer confidence improves more than expected in June

June 29, 2016 U.S. consumer confidence improved much more than expected in June, according to data from the Conference Board.

Sweden trade balance swings to deficit in May

June 29, 2016 Sweden recorded at SEK 4.4 billion trade deficit in May of 2016 compared with a SEK 1.8 billion surplus a year earlier.

South Korea cuts GDP forecast, plans stimulus

June 29, 2016 South Korea's government has cut its growth forecast for the year and said it would prepare fiscal stimulus to support the lackluster economy.

French consumer confidence drops but less than expected

June 29, 2016 French consumer confidence dropped less than expected in June, statistics agency Insee said.

U.S. raises first-quarter growth estimate to 1.1%

June 28, 2016 Growth in the U.S. gross domestic product was revised upward to 1.1 percent from the previous estimate of 0.8 percent, the Commerce Department said.

Fed awards $129.1 billion in reverse repos

June 28, 2016 The Federal Reserve on Tuesday awarded $129.1 billion of one-day, fixed-rate reverse repurchase agreements to 44 bidders at an interest rate of 0.25 percent.

Mexico trade gap narrows 52.6% in May

June 28, 2016 Mexico trade deficit narrowed by 52.6 percent year-on-year to $527 million in May of 2016 from a $1113.3 million gap a year earlier as exports rose, while while imports fell.

New Zealand trade surplus narrows slightly in May

June 28, 2016 New Zealand trade balance recorded a NZD 358 million trade surplus in May of 2016.