Monthly archive February, 2019

South Korea Industrial Output Rises 0.5% In January

Industrial Production in South Korea climbed a seasonally adjusted 0.5 percent on month in January, Statistics Korea said on Thursday - rebounding from the 0.8 percent contraction in December.Original Article Read More →

Eurozone Economic Sentiment Eases For Eighth Month

Eurozone's economic sentiment eased for an eighth successive month in February, led by a sharp deterioration in industrial confidence, survey data from the European Commission showed on Wednesday. The economic sentiment index fell to 106.1 from 106.3 in January. Economists Read More →

Dollar Exhibits Weakness Against Major Currencies

The U.S. dollar exhibited weakness against its peers on Tuesday, with the British Pound Sterling leading the charge, scoring notable gains amid reports there could be delays on Brexit.Original Article Read More →

U.S. Durable Goods Orders Jump 1.2% In December But Miss Estimates

Reflecting a continued spike in orders for transportation equipment, the Commerce Department released a report on Thursday showing a significant increase in U.S. durable goods orders in the month of December.Original Article Read More →

Philly Fed Index Turns Negative For First Time Since 2016

Philadelphia-area manufacturing activity contracted for the first time since May of 2016, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its index for current manufacturing activity in the region tumbled to Read More →

ECB Preparing New Long Term Loans For Banks: Minutes

European Central Bank policymakers acknowledged that the uncertainty surrounding the euro area growth and inflation outlook has risen recently, thus raising the need for significant stimulus, possibly in the form of a new batch of longer term loans for banks Read More →