Eurozone inflation remains below European Central Bank targets

Donald Trump Holds Campaign Rally In Richmond VA

The economy in the 19-country single currency area grew by 0.6 per cent in the three months to June, compared with 0.5 per cent in the first quarter of the year, the Eurostat statistics agency said.

The euro zone may not be growth champion in the second quarter, after the USA rebounded to an annualized 2.6 percent thanks to consumer spending and business equipment investment.

Wenger tells Sanchez to respect Arsenal contract
Monaco have reportedly turned down a third Arsenal bid for ace youngster Thomas Lemar , this time totalling €50m (£44.7m). Arsenal confirmed that Sanchez is due back for pre-season training on Sunday. "I spoke to him on text yesterday".

The lowest rate was 6.7% in Germany and the highest 45.5% in Greece.

The updated manufacturing PMI from Markit showed a modest positive surprise when released this morning, rising to 55.1 from 54.2.

Oil prices soar amid signs of market rebalancing
Wednesday's USA stockpile report marked an inflection point because inventories fell below year-ago levels, she said. Gasoline stocks fell by 1 million barrels, compared with analyst expectations for a 614,000-barrel drop.

He highlighted particularly solid growth in United Kingdom exports, which have been made more competitive by the pound's sharp drop after the Brexit vote and have benefitted from a strengthening global economy.

The EU economics commissioner, Pierre Moscovici, said the new estimates could likely lead to an upwardly revision of the commission's forecasts, which in May predicted a 1.7 percent rise of euro zone's output this year and 1.8 percent in 2018. "Continued expansion is also still filtering through to the labour market, with the latest round of manufacturing job creation among the best seen over the past three years". Doubts over Donald Trump's ability to push through any sort of meaningful policy changes and a pushing back of expectations for Federal Reserve rate hikes has now seen the Dollar index relinquish nearly 9% of its value since the beginning of March alone.

Lanka rue playing into India's hands
The bowling was awful but, importantly, Mukund didn't let desperation cloud his judgment and showed off some eye-catching shots. In the end he was undone going for a six too many but not before he had helped India reach the daunting 600 mark.

While a Purchasing Managers' Index pointed to broad-based economic growth, price pressures showed further signs of easing in July. Any good data from the Eurozone is likely to make the process of tapering easy and also push the European Central Bank towards the same, much quicker than anticipated, and this is something that the market hates. Input prices rose at the slowest pace in more than a year, according to the survey.

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