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Monthly archive April, 2019

European Markets Extend Recent Gain On Trade Talks Hopes

European markets ended higher on Wednesday, extending recent gains, as growing optimism about progress in U.S.-China trade talks outweighed some disappointing economic data out of U.S. and Europe.Original Article Read More →

Dollar Loses Ground Against Major Currencies

The U.S. dollar softened against major currencies on Wednesday, reacting to some fairly encouraging data from eurozone and on rising optimism about U.S.-China trade negotiations.Original Article Read More →

China Services Growth At 14-month High

China's services grew at the fastest pace in over a year in March driven by improved demand, and manufacturing also improved, leading to strongest expansion of the private sector in nine months, survey data from IHS Markit showed on Wednesday. Read More →

U.S. Durable Goods Orders Slump Amid Steep Drop In Aircraft Demand

Orders for U.S. manufactured durable goods showed a steep drop in the month of February, according to a report released by the Commerce Department on Tuesday, with orders for transportation equipment leading the way lower.Original Article Read More →

U.S. Pending Home Sales Unexpectedly Slump 1.0% In February

Pending home sales in the U.S. unexpectedly decreased in the month of February, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index slumped by 1.0 percent to 101.9 in Read More →

Dollar Exhibits Strength Against Major Rivals

The U.S. dollar gained against most of its major rivals on Thursday, amid growing signs of global economic slowdown.Original Article Read More →