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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone consumer confidence index rose in June
In the Euro-zone, the preliminary consumer confidence index rose to a level of -14.70 in June, compared to a reading of -18.80 in the previous month. Market anticipations were for the consumer confidence index to rise to a level of -15.00.
US existing home sales fell in May
In the US, existing home sales fell 9.70% on a MoM basis in May, compared to a drop of 17.80% in the previous month. Markets were expecting existing home sales to record a fall of 18.90%.
US Chicago Fed national activity index climbed in May
In the US, the Chicago Fed national activity index advanced to a level of 2.61 in May, compared to a revised reading of -17.89 in the prior month.
Japanese manufacturing PMI fell in June
In Japan, the flash manufacturing PMI eased to a reading of 37.80 in June, compared to a level of 38.40 in the previous month.
Japanese services PMI advanced in June
In Japan, the flash services PMI climbed to a reading of 42.30 in June, compared to a level of 26.50 in the prior month
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