The consumer-price index, which measures what Americans pay for everything from shelter to sweets, increased a seasonally adjusted 0.2% in June from the prior month, the Labor Department said Friday. It had climbed 0.2% in May and 0.4% in April.
China’s economy grew slightly faster than expected in the second quarter as a government spending spree and housing boom boosted industrial activity, but a slump in private investment growth is pointing to a loss of momentum later in the year.
Crude oil prices edged lower in early Asian trade Friday as traders booked profits following the overnight rise, underpinned by market anxiety that the global glut is shrinking at a slower rate than expected.
Next Trading Day’s Important Events
- 01:45 (GMT+3) NZ CPI
- USDJPY: 105.96
- EURUSD: 1.1082
- S&P 500: 2,165.15
- NASDAQ : 5,032.46