Vince Golle

Las tasas hipotecarias en Estados Unidos aumentaron la semana pasada a su nivel más alto desde agosto, lo que restringió la actividad de compra de viviendas y provocó un fuerte retroceso en la refinanciación.

Conference Board's Measure of CEO Confidence Dropped to 47 From 59 A U.S. flag in a warehouse at a factory in Newell, W.Va. (Luke Sharrett/Bloomberg)

Employers in the US likely stepped up their pace of hiring in July, showing a steady appetite for workers despite the overhang of geopolitical concerns and elevated inflation.

Economists estimate the monthly jobs report on Friday will show an 85,000 increase in payrolls after the lower-than-expected 57,000 gain in June, according to the Bloomberg survey median.

Prices paid by US consumers probably inched up marginally last month after falling for the first time in six years, a welcome tempering in recent war-driven inflationary pressures.

The closely watched consumer price index is seen rising 0.1 percent in July following a 0.4-percent decline in the prior month, based on the median

The UK labor market continued to weaken last month and inflationary pressures mounted on higher energy costs.

In the euro area, private-sector business activity expanded modestly even as a gauge of the French economy sank deeper into contraction territory. Economic growth in Japan disappointed as capital spending declined.

Federal Reserve Chairman Kevin Warsh made clear he wants to see underlying inflation clearly heading lower at an annual Federal Reserve gathering in Wyoming. Government figures this week didn’t help much.

The personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July. Even so, the annual gauge didn't budge from a stubborn 3.3%. Meantime, consumer spending stalled.