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South Korea GDP Climbs 1.1% On Quarter In Q1

South Korea's gross domestic product jumped a seasonally adjusted 1.1 percent on quarter in the first quarter of 2018, the Bank of Korea said in Thursday's preliminary report.Original Article Read More →

U.S. New Home Sales Jump Much More Than Expected In March

New home sales in the U.S. jumped by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday. The report said new home sales soared by 4.0 percent to an Read More →

Higher US yields and USD holds on

As a preliminary gauge of sentiment we see that the major US equity indices yesterday closed well into negative territory, and that Asian counterparts have largely followed suit this morning.

Trigerring the sell-off were comments from corporate giants, the Read More →

U.S. Consumer Confidence Unexpectedly Improves In April

After reporting a pullback in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing an unexpected rebound in consumer confidence in the month of April. The Conference Board said its consumer confidence index Read More →

Dollar pushes higher as yields surge towards 3 percent

The US dollar recorded a three-month high against its major rivals on Tuesday, after being lifted by a spike in U.S. 10-year Treasury yield toward the psychologically key 3 percent level.

The U.S. 10-year Treasury yield hit its loftiest Read More →

U.S. Existing Home Sales Climb More Than Expected In March

A report released by the National Association of Realtors on Monday showed existing home sales in the U.S. increased by much more than expected in the month of March. NAR said existing home sales climbed by 1.1 percent to an Read More →

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