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Monthly archive April, 2019

U.S. Homebuilder Confidence Shows Modest Improvement In April

A report released by the National Association of Home Builders on Tuesday showed a modest improvement in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 63 in April Read More →

Dollar Mostly Steady Against Major Rivals

The U.S. dollar was fairly steady against most major currencies on Tuesday, with traders reacting to a mixed batch of economic data from the U.S. and Europe and reports that several ECB members felt economic projections for Eurozone growth were Read More →

U.S. Trade Deficit Unexpectedly Narrows Amid Jump In Exports

A report released by the Commerce Department on Wednesday showed the U.S. trade deficit unexpectedly narrowed in the month of February amid a jump in the value of exports. The Commerce Department said the trade deficit narrowed to $49.4 billion.Read More →

China Economic Growth Steady In Q1

China's economy grew at a stable pace in the first quarter of this year, defying expectations for a modest easing, led by robust investment, preliminary data from the National Bureau of Statistics showed on Wednesday. Gross domestic product grew 6.4 Read More →

Fed’s Beige Book Paints Positive Picture But With Notable Caveats

A report released by the Federal Reserve on Wednesday said U.S. economic activity expanded at a slight-to-moderate pace in March and early April. The report, known as the Beige Book, is a compilation of anecdotal evidence on economic conditions in Read More →

Dollar Stays Mostly Weak Against Major Rivals

The dollar exhibited slight weakness against most of its key rivals on Wednesday, as global growth worries eased a bit after data showed China's GDP saw a steady growth in the first quarter of 2019.Original Article Read More →