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The U.S. economy grew faster than expected in the second quarter while inflation eased. The real gross domestic product (GDP) growth largely reflected increases in consumer spending, private inventory investment, and nonresidential fixed investment. Expectations of a September rate cut by the Fed were unaffected.

Tokyo's core CPI increased by 2.2% in July from a year ago, accelerating for the third consecutive month. This supports expectations for a potential rate hike by the Bank of Japan.

U.S. economy continues to be strong, growing 2.8% in Q2; Nagel says the ECB should be able to cut rates if data stay on course...

Germany's ifo Business Climate Index fell to 87.0 points in July, after 88.6 points in June. The companies were less satisfied with the current business situation. Skepticism regarding the coming months has increased considerably.

If inflation continues to fall broadly in line with our expectations, there is a case for a further cut in the policy rate.

U.S. stocks were hit hard on "Black Wednesday"; the Bank Of Canada cut rates by 25 basis points and expects inflation to slow further...

The UK's preliminary PMI survey for July showed that private sector activity expanded at a solid and faster rate in July, with output, orders, and employment all rising at faster rates amid a rebound in business confidence.

According to the preliminary PMI data for the Eurozone, the overall economic recovery in the Eurozone shows little change, although the manufacturing sector has noticeably deteriorated, offsetting moderate growth in the services sector.

France's July composite PMI preliminary reading reached a three-month high, with private sector output nearly stabilizing. A significant contraction in factory production partially offset a renewed expansion in service sector activities. Employment growth continued, but demand for French goods and services further declined.