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Monthly archive March, 2019

U.S. Durable Goods Orders Unexpectedly Increase In January

New orders for U.S. durable goods unexpectedly increased in the month of January, according to a report released by the Commerce Department on Wednesday. The report said durable goods orders climbed by 0.4 percent in January after spiking by an Read More →

U.S. Producer Prices Show Slight Uptick In February

With a rebound in energy prices partly offset by a drop in food prices, the Labor Department released a report on Wednesday showing a modest increase in U.S. producer prices in the month of February.Original Article Read More →

Dollar Stays Weak Against Peers

The U.S. dollar stayed weak against most of its peers on Wednesday after the latest batch of inflation data suggested the Fed would stay patient with regard to interest rates.Original Article Read More →

U.S. Construction Spending Jumps Much More Than Expected In January

Reflecting a spike in spending on public construction, the Commerce Department released a report on Wednesday showing U.S. construction spending jumped much more than expected in the month of January.Original Article Read More →

Japan January Core Machine Orders Plunge 5.4%

The total value of core machine orders in Japan dropped a seasonally adjusted 5.4 percent in January, the Cabinet Office said on Wednesday - coming in at 822.3 billion yen.Original Article Read More →

UK Services Sector Grows Modestly Despite Falling New Work, Employment

British services sector expanded at a modest rate in February though new work and employment decreased, survey data from IHS Markit showed on Tuesday. The IHS Markit/CIPS UK Services Purchasing Managers' Index rose to 51.3 from a two-and-a-half year low Read More →