TODAY’S TOP ARTICLES – 3 JUL 2014

United States: Job Data Reinforce United States’ Growth Prospects
Employment in the United States is expected to have grown at a strong pace in June, which would underpin the economy’s momentum at the outset of Q3. According to a poll from Reuters, non-farm payrolls rose by 212,000 in May, which would be the first time since the late 1990s that the economy added more than 200,000 jobs per month in five consecutive months. (Source: Reuters)

Mexico: BBVA Bancomer Forecasts 6% Increase in Remittances to Mexico in 2014
According to a recent study elaborated by the Mexican subsidiary of Spanish bank BBVA, remittances from Mexican workers abroad will grow at an annual rate of between 5% and 6% this year and close at USD 22.8 billion. (Source: Infolatam) (Language: Spanish)

Sweden: Swedish Riksbank Cuts Key Rate by 0.5% to Prevent Deflation
The Central Bank cut interest rates by a more-than-expected 50 basis points to 0.25%. The Bank’s decision is made in attempt to avoid a deflationary scenario. (Source: Bloomberg)

Thailand: Consumer Confidence Up in June 
“Recent data show that consumer confidence rose to its highest level in eight months in June. The improvement is attributed to the stabilized political situation and expected economic recovery. (Source: Bangkok Post)

United Kingdom:: Sir Jon Cunliffe: House Prices ‘Biggest Risk’ to UK Economy
Bank of England deputy governor Sir Jon Cunliffe has told the BBC that the housing market poses the “biggest risk” to the UK economy. (Source: BBC News)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

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