Daily Three: The ECB Leaves Key Rates Unchanged, Existing Home Sales Rise At Fastest Pace In Years and Jobless Claims Fall To 253k
- The European Central Bank has left its main interest rates unchanged with the deposit rate remaining at -0.40% without touching on further economic stimulus. CNBC
- U.S. existing home sales rose by 1.1% for the month of May representing the largest pace increase since February 2007. The Wall Street Journal
- Jobless claims for the previous week fell by 1,000 to 253,000 against economist consensus of 265,000 showing more signs of labor market stability. Bloomberg