Data
Economic Data Coming up in the European Session – Neal Bhai
0600 GMT – Germany May industrial production data
Prior release can be found here. A minor data point, but will be put together with factory output/orders data to provide a glimpse of sentiment towards the German economy. So far, things haven’t been going well (hence downward GDP forecast revisions) so let’s see if the softness is continuing.
US Weekly Jobless Claims Decrease To 247,000
Gold Silver Reports — US Weekly Jobless Claims Decrease To 247,000 — US first-time claims for unemployment benefits saw a modest decrease in the week ended July 8th, according to a report released by the Labor Department on Thursday.
Reliance Jio to Start Charging for Data
Gold Silver Reports — Reliance Jio to Start Charging for Data — Mukesh Ambani’s Reliance Jio Infocomm Ltd vowed to offer cheaper tariffs than rival operators when it ends free services to its 100 million subscribers on 31 March, as India’s newest telecom operator seeks to retain users.