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August 27, 2026
A report released by the Labor Department on Thursday showed a modest decline in first-time claims for U.S. unemployment benefits in the week ended August 22nd. The Labor Department said initial jobless claims dipped to 203,000, a decrease of 4,000 from the previous week's level of 207,000. Meanwhile, the report said the less volatile four-week moving average crept up to 205,500, an increase of 1,250 from the previous week's average of 204,250. 08/27/2026 - 08:40:00 (RTTNews)
Euro traded at 1.1651 against USD at 9:00 AM PST
France's producer prices increased for the first time in four months in July. Producer prices in the domestic market rose 1.1% monthly, following a 0.4% drop in June. The rebound reflected broad-based price pressures across multiple sectors. Prices of mining and quarrying products, energy, and water grew 2.9% after remaining stagnant a month ago. Prices for manufactured products rebounded 0.7% versus a 0.6% drop in June.
The price index for cooking and refining products logged a monthly double-digit growth of 13.4%. The total produce price index for the foreign markets climbed 1.5%, and monthly inflation in all markets accelerated from 0.3% to 1.3%. Yearly, producer price inflation in the French market rose from 2.8% in June to 3.4% in July. 08/27/2026 - 06:22:00 (RTTNews)
German consumer confidence is set to improve, driven by income expectations and willingness to save. The fourth consecutive rise indicates a slight upward trend. Signals from the economy are also generally positive as gross domestic product (GDP) expanded by 0.3% in the second quarter. Business sentiment improved three times in a row in July. The income expectations indicator surged from 1.7 points to 16.2 points, the highest figure in six months.
By contrast, the willingness to buy was unable to benefit from the rise in income prospects. At -9.8 points, the indicator remained virtually unchanged from the previous month. The willingness to buy remained at a very low level, but the willingness to save is holding at a very high level even in late summer 2026. The savings indicator dropped 1.5 points to 15.5 points. 08/27/2026 - 03:04:00 (RTTNews)
China's industrial profits increased at a slower pace in July, but the overall increase remained strong through July. Industrial profits logged an annual growth of 11.2% in July, the slowest growth seen so far this year. During January to July, industrial profits advanced 17.6% from the same period of last year. Profits increased 18.7% in the first half of the year. China's producer price inflation moderated from 4.1% in June to 3.5% in July, which was the highest in nearly four years. Rising input costs pose risks to profit margins and weigh on confidence. 08/27/2026 - 02:38:00 (RTTNews)
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