(RTTNews) - Data releases were limited on Thursday as most of the European economies were celebrating the International Labor Day. However, UK, Turkey and Ireland were in news with the Purchasing Managers' Index.

Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 percent. The latest snapshot of business conditions, released by the Labor

A key measure of consumer confidence dropped in May to the lowest level in 16 years, as Americans grew more concerned about their jobs and more pessimistic about business conditions.

(RTTNews) - German business confidence deteriorated to a three year low in September as firms were dissatisfied with their current business situation, a survey revealed Wednesday.

A DAILY DATA UPDATE ON KEY ECONOMIC REPORTS INFLATION: The Labor Department reported Friday that consumer prices rose by 0.6 percent last month, the biggest one-month increase since last November, as gasoline costs surged by 5.7 percent. Food prices, whic