Consumer credit in the U.S. climbs by $20.74 billion in June

Market news

10 August 2015

Consumer credit in the U.S. climbs by $20.74 billion in June

The Fed released its consumer credits figures on Friday. Consumer credit in the U.S. rose by $20.74 billion in June, exceeding expectations for a $17.0 billion increase, after a $16.52 billion gain May.

May's figure was revised up from a $16.09 billion rise.

The increase was driven by gains in both revolving and non-revolving credit. Revolving credit climbed by $5.5 billion in June, while non-revolving credit jumped by $15.2 billion.

Number of active U.S. rigs rises by 6 rigs last week

China's foreign exchange reserves fall by $42.5 billion in July

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.