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Consumer confidence in France improved in June to a 14-month high. Such data was published by the French statistical office Insee. The corresponding index was 101 points, having increased from May value of 99 points. According to economists, the index value was expected at the level of 100 points. The consumer confidence index in the country has been growing for six months. The indicator, which determines the assessment by households of their financial situation in the future, slightly decreased to minus 6 points, while the indicator of their attitude to the previous financial situation retained the value of May. Evaluation of this month by the French as suitable for large purchases increased by 1 point to minus 12 points. The indicator of the future standard of living in the country improved to minus 23 points, for the month it rose by 2 points.
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
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