Monthly archive July, 2018

U.S. Consumer Confidence Shows Modest Rebound In July

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

USDJPY initial sell-off quickly fading as the currency pair heads higher; JPY weakens

In BoJ’s earlier anouncement today, the japanese central bank kept policy rates unchanged but allowed for more flexibility in its long term yield target. It is a minor change but in essence it allows for long term yeilds to go Read More →

European Economics Preview: Eurozone GDP, Inflation Data Due

Quarterly national accounts, inflation and unemployment from euro area are due on Tuesday, headlining a busy day for the European economic news. At 2.45 am ET, France's Insee releases preliminary consumer prices for July. Inflation is forecast to rise to Read More →

U.S. Weekly Jobless Claims Rise More Than Expected To 217,000

First-time claims for unemployment benefits in the U.S. showed a modest increase in the week ended July 21st, according to a report released by the Labor Department on Thursday.Original Article Read More →

U.S. Durable Goods Orders Jump 1.0% In June, Less Than Expected

A report released by the Commerce Department on Thursday showed a notable increase in new orders for U.S. manufactured durable goods in the month of June.Original Article Read More →

Cryptocurrency Daily Roundup – Jul. 26

Cryptocurrencies are in the green Thursday morning, extending gains from the past few days. The top cryptocurrency retreated to near $8,150 after it breached $8,300 level late Wednesday. Overall cryptocurrency market capitalization has returned to above $300 billion as of Read More →