Overseas Headlines – July 24, 2025

July 24, 2025

United States:

US Jobless Claims Fall for a Sixth Week, Lowest Since Mid-April

 

Applications for US unemployment benefits fell for a sixth straight week, underscoring the resilience of the labor market.

 

Initial claims decreased by 4,000 to 217,000 in the week ended July 19, still the lowest since mid-April.

 

https://www.bloomberg.com/news/articles/2025-07-24/us-jobless-claims-fall-for-a-sixth-week-lowest-since-mid-april

 

 

Europe:

ECB Keeps Rates Unchanged to Wait for Clarity on US Tariffs

 

The European Central Bank kept interest rates unchanged for the first time in more than a year after inflation hit 2% and messy trade negotiations with the US continued to cast a shadow over the economy.

 

The deposit rate was left at 2% on Thursday — as predicted by the overwhelming majority of analysts in a Bloomberg survey.

 

https://www.bloomberg.com/news/articles/2025-07-24/ecb-keeps-rates-unchanged-to-wait-for-clarity-on-trump-s-tariffs

 

 

Asia:

China’s 30-Year Bond Auction Draws Highest Yield Since March

 

China’s 30-year government bond auction on Thursday drew its highest yield since March, as risk sentiment improved and concerns over further losses cooled demand for debt.

 

The Ministry of Finance sold the 30-year special sovereign notes at an average yield of 1.97% on Thursday, according to traders who bid at the 83 billion yuan ($11.6 billion) offering.

 

https://www.bloomberg.com/news/articles/2025-07-24/china-s-30-year-bond-auction-draws-highest-yield-since-march

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2025-07-24T08:44:47-05:00