Monthly archive June, 2018

European Economics Preview: BoE’s Financial Stability Report Due

The Financial Stability Report from the Bank of England is due on Wednesday, headlining a light day for the European economic news.Original Article Read More →

UK House Price Growth At 5-Year Low: Nationwide

UK house prices increased at the slowest pace in five years in June on squeezed household budgets and Brexit uncertainty, data from the Nationwide Building Society showed Wednesday. House prices grew 2 percent year-on-year in June, following May's 2.4 percent Read More →

U.S. Durable Goods Orders Drop 0.6% In May, Less Than Expected

A report released by the Commerce Department on Wednesday showed a smaller than expected decrease in new orders for U.S. manufactured durable goods in the month of May. The Commerce Department said durable goods orders fell by 0.6 percent in Read More →

Cryptocurrency Daily Roundup – Jun. 27

Bitcoin and altcoins are trending lower Wednesday morning, suggesting that the decision by the social media giant, Facebook, to reverse a ban on cryptocurrency advertisements failed to prop up the market sentiment. Overall cryptocurrency market capitalization was $245.59 billion as Read More →

USD remains steady but equities cave in as doubts over US-China trade policies continue

Broader investor sentiment looked subdued as the US gave a negative handover to Asia, and with the major US indices delving south. However things looked slightly better in Asia, despite that the major equity indices still looked mixed.

In Read More →

U.S. Pending Home Sales Unexpectedly Drop 0.5% In May

Reflecting a large decline in contract activity in the South, the National Association of Realtors released a report on Wednesday showing an unexpected decrease in pending home sales in the U.S. in the month of May. NAR said its pending Read More →