Small Gain Expected in Consumer Sentiment -- Data Week Ahead

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

The following are forecasts for this week's remaining data from a survey compiled Friday and Monday. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Friday 0955 Reuters/UMich Consumer Sentiment (prelim) Jul 83.0 (22) 82.5* 1000 Leading Index Jun +0.5%(19) +0.5% *Final ...

U.S. Treasurys Rally Drags 10-Year Below 2.5%

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Cynthia Lin U.S. Treasury prices rallied Thursday as worries about a choppy economic recovery and geopolitical tensions led investors to safer assets, dragging the 10-year yield back below 2.5%. In afternoon trading, benchmark 10-year notes gained 22/32 in price ...

Trinity Exploration to Buy Centrica Trinidad Assets for $23 Million

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

LONDON--Trinity Exploration & Production PLC (TRIN.LN) Thursday announced an agreement to buy assets off Trinidad containing gas discoveries from Centrica PLC (CNA.LN) for $23 million. "The gas is fully appraised but currently undeveloped and Trinity is targeting first production from ...

Austrian Inflation Up 1.9% on Year

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Nicole Lundeen VIENNA--Austria's inflation in June continued to increase only slightly in monthly terms and continued its gradual increase in annual terms, official data showed Thursday. Austria's consumer price index increased 0.1% from May and was 1.9% higher compared ...

Russia June Retail Sales Growth at Lowest Level Since Early 2010

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Andrey Ostroukh MOSCOW--Russia's retail sales, a key driver of the economy, grew at their slowest pace since early 2010 in June, while investment activity was higher than expected, data showed Thursday. The Russian economy, hit by sanctions-driven capital flight, ...

US Housing Starts/Building Permits-Historical-Jul -2-

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

Jul 1,986 8.7 1,661 8.8 182.0 5.6 2,114 5.0 1,625 1.2 185.9 -5.7 Jun 1,827 -7.4 1,526 -7.5 172.3 -8.2 2,014 -5.4 1,606 -3.3 197.1 4.6 May 1,974 0.3 1,649 1.5 187.6 4.5 2,129 2.9 1,660 3.1 188.4 -2.1 Apr ...

U.S. New Home Sales-Jul 17

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

Seasonally adjusted levels (except actual level, which is not seasonally adjusted) and percent changes for houses sold by region in thousands during period. Prices in millions of dollars. Previous months are subject to revision. A-denotes ratio of houses for sale ...

CURRENCIES: Yen Reaches Five-month High Against Euro

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi NEW YORK (MarketWatch)--The yen reached a five-month high against the euro and rose against most major currencies Thursday as investors moved to risk-off trades in the wake of rising tensionin Ukraine. Bond yields ...

U.S. Existing Home Sales-Jul 17

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

Existing home sales data are seasonally adjusted annual rates (in millions). Average and median sales prices are not seasonally adjusted in thousand dollars. Source: National Association of Realtors. Single Total Month Median Avg Family Month Median Avg Month Sales % ...

U.S. Jobless Claims Fell Last Week

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Jonathan House and Alan Zibel WASHINGTON-New applications for unemployment benefits fell last week, a fresh sign of an improving labor market. Initial claims for jobless aid decreased by 3,000 to a seasonally adjusted 302,000 in the week ended July ...

U.S. Housing Starts Sink 9.3% In June

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

WASHINGTON--U.S. home construction fell 9.3% in June, a surprising sign of weakness for a sector that has struggled to maintain momentum over the past year. Housing starts sank last month to a seasonally adjusted annual pace of 893,000, the weakest ...

Exor Spokesman Denies Fiat in Takeover Talks With VW

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Eric Sylvers MILAN--A spokesman for Exor SpA, the holding company through which the Agnelli family controls Fiat SpA, denied Thursday that the clan is in takeover talks with the controlling family of Volkswagen AG. A German magazine reported that ...

CURRENCIES: Yen Higher Vs. Rivals As Euro-area Bonds Fall

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Hiroyuki Kachi The yen was higher against major currencies in Asian trading Thursday, hitting a five-and-a-half month high against the euro as bond yields fell in the euro-zone and the U.S. As of 04:50 GMT, the euro (EURJPY) was ...

Philadelphia Fed Index Unexpectedly Rises

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

Mid-Atlantic manufacturers reported better business conditions this month, according to a survey released Thursday by the Federal Reserve Bank of Philadelphia, and cost pressures continue to grow in the region. The Philadelphia Fed's index of general business activity covering the ...

South Africa Raises Interest Rates -- Update

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Patrick McGroarty PRETORIA--South Africa's central bank increased interest rates on Thursday, even as labor unrest threatens to tip the economy into recession. The step underscores how powerless policy makers have become to reverse slowing growth and high inflation. It ...

China 2Q GDP Expands 7.5% -- Update

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Mark Magnier BEIJING--A rebound in second-quarter growth is stabilizing China's economy for now but causing some economists to question whether the government's reliance on piecemeal stimulus measures is delaying needed reforms and piling up more bad debt. Economists said ...

Euro-Zone Construction Declined in May

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Paul Hannon Construction across the 18 countries that share the euro fell in May, another sign that the currency area's economic recovery remains weak. The European Union's statistics agency also confirmed Thursday that the annual rate of inflation remained ...

Hong Kong April-June Unemployment Rate 3.2%; Expected 3.1%

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

By Chester Yung HONG KONG--Hong Kong's unemployment rate rose to 3.2% in the three-month period ended June, as the increase in total employment didn't keep pace with the rise in those who were unemployed, the Census and Statistics Department said ...

Russia Reacts Angrily to U.S. Sanctions

TODAY: Nov. 1, 2014 PUB DATE: July 17, 2014

MOSCOW--Russia reacted angrily on Thursday to a new round of U.S. sanctions, calling the penalties blackmail and warning it has a right to retaliate. The White House escalated its sanctions Wednesday against Russia over the conflict in Ukraine and imposed ...