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Monthly archive October, 2018

Eurozone Private Sector Expands At Weakest Pace In 25 Months

Eurozone private sector activity grew at the slowest rate for over two years in October as an export-led slowdown continued to broaden-out to the service sector amid weak manufacturing performance. The composite output index declined more-than-expected to 52.7 from 54.1 Read More →

U.S. New Home Sales Tumble 5.5% In September

Data released by the Commerce Department Wednesday morning showed new home sales in the U.S. fell sharply in the month of September. The report said new home sales plunged by 5.5 percent to an annual rate of 553,000 in September Read More →

Euro fails to recover as Draghi unconvincing on tightening

Asian stocks fell on Friday, despite a recovery in U.S. equity markets Thursday that followed a big selloff Wednesday.

The trade dispute between the U.S. and China remained a major concern for market participants as the U.S. on Thursday Read More →

ECB To Maintain Status Quo

The European Central Bank is widely expected to maintain status quo on conclusion of its policy session on Thursday as the recent developments, some slightly dismal, are too insignificant to warrant a change of course. Meanwhile, ECB President Mario Draghi Read More →

Euro weakness shallows ahead of ECB later today; Italy not expected to impact so far

The major highlight on today’s economic docket is definitely going to be the European Central bank rate decision and the customary post-decision conference deliver by ECB president Mario Draghi.

The EU and specifically Italy have been in the limelight Read More →

New Zealand Trade Deficit NZ$1.560 Billion

New Zealand posted a merchandize trade deficit of NZ$1.560 billion in September, Statistics New Zealand said on Thursday - representing 36 percent of exports.Original Article Read More →