Our Economy and the World Issue 373

28-07-2024

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: Euro zone business growth stalls in July, PMIs show
  • CNBC: UK inflation holds steady at Bank of England’s 2% target, above expectations
  • Bloomberg: Euro-area private-sector activity barely grew this month as its top economy unexpectedly slumped
  • Reuters: Record house prices depress US home sales in June 

Special Analysis 

  • IMF: External Rebalancing in Turbulent Times

Developments in Financial and Commodity Markets in the Past Week

  • CNBC: U.S. crude oil falls nearly 2% to lowest levels in six weeks
  • Reuters: Gold prices climb as investors focus on US economic data