German Industrial Orders Drop More Than Expected, Clouding Euro Zone RecoveryGerman Industrial Orders Drop More Than Expected, Clouding Euro Zone Recovery
UK Construction PMI Rises to 6-Month High in June but Remains in ContractionUK Construction PMI Rises to 6-Month High in June but Remains in Contraction
New Zealand Household Savings Deteriorate Further; Housing Market Shows Uneven RecoveryNew Zealand Household Savings Deteriorate Further; Housing Market Shows Uneven Recovery
Australia’s May Household Spending Rebounds, Strengthening Rate Cut ExpectationsAustralia’s May Household Spending Rebounds, Strengthening Rate Cut Expectations
Australian Shares Edge Higher on Wall Street Record; RBA Rate Cut in FocusAustralian Shares Edge Higher on Wall Street Record; RBA Rate Cut in FocusAustralian stocks rose modestly on Friday (July 5), buoyed by fresh record highs on Wall Street. The S&P/ASX 200 gained 0.17% to 8,610 in midday trade—less than 30 points from its all-time peak—while the All Ordinaries Index added 0.16% to 8,847.3. Despite stronger-than-expected U.S. jobs data dampening hopes for a July Fed rate cut, markets reacted positively to signs of economic resilience.
One in Four French Households Live in Severely Under-Occupied Homes: Insee StudyOne in Four French Households Live in Severely Under-Occupied Homes: Insee StudyA study released by France’s National Institute of Statistics and Economic Studies (l'Insee) on Tuesday, July 8, reveals that a quarter of French households reside in severely under-occupied homes—defined as having at least three more rooms than actually needed. This phenomenon affects 7.6 million primary residences, 93% of which are single-family houses, with three-quarters of these under-occupied homes exceeding 100 square meters in size.