Finance

Italy - Industrial production in Italy fell 1.8% month on month in April 2023, the fourth consecutive monthly decline and the sharpest since September 2022, falling short of market expectations of a 0.1% increase, highlighting the industrial sector's vulnerability to the ECB's higher borrowing costs. Intermediate goods output fell (-2.6% vs -0.4%…

United States of America - Although capacity was under pressure, employment in the service industry increased at the fastest rate since last September. Lastly, worries about inflation and rising interest rates dragged down confidence, which caused it to decline to below the series average. Preliminary estimates revealed that the S&P…

United States Of America - Financial data will be on investors mind this week. Investors will look to Fed FOMC meeting minutes from July for signs on whether the last 75bps boost will be the last or not.  As consumer prices rise, retail sales will remain poor, reducing consumers' spending power.ny Eyes on Industrial output, New York Empire State…