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Monthly archive January, 2019

UK Inflation Slides To 2-year Low On Fuel Price Fall

UK consumer price growth slowed to its weakest level in nearly two years in December, driven by a big fall in fuel prices, offering some respite to Britons who are worried over their economic prospects amid the Brexit chaos. The Read More →

U.S. Import Prices Slump Amid Continued Nosedive In Fuel Prices

Reflecting a continued nosedive in fuel prices, the Labor Department released a report on Wednesday showing another significant decrease in U.S. import prices in the month of December. The Labor Department said import prices fell by 1.0 percent.Original Article Read More →

U.S. Homebuilder Confidence Unexpectedly Improves In January

Homebuilder confidence in the U.S. has unexpectedly improved in the month of January, according to a report released by the National Association of Home Builders on Wednesday. The report said the NAHB/Wells Fargo Housing Market Index rose to 58 in Read More →

Beige Book Signals Continued Economic Growth But Drop In Optimism

Economic activity has continued to increase in most of the U.S., according to the Federal Reserve's Beige Book released Wednesday afternoon, although the report also hinted at a deterioration in optimism.Original Article Read More →

Dollar Exhibits Mixed Trend As Traders Look For Direction

The U.S. dollar is turning in a mixed performance against other major currencies on Wednesday. Traders are largely making cautious moves as they look for fresh signals.Original Article Read More →

New Zealand Overall Credit Card Spending Sinks 1.9%

Overall credit card spending in New Zealand fell a seasonally adjusted 1.9 percent on month in December, Statistics New Zealand said on Wednesday.Original Article Read More →