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Monthly archive July, 2019

U.S. New Home Sales Rebound More Than Expected In June

New home sales in the U.S. showed a substantial rebound in the month of June, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales spiked by 7.0 percent to an annual Read More →

ECB To Lay Ground For September Rate Cut

The European Central Bank is likely to alter the wording of its forward guidance on Thursday to give a clear signal that interest rates would be cut soon, and that policymakers are ready to add more stimulus if the euro Read More →

Dollar Largely Subdued As Traders Turn Cautious After Recent Gains

After two successive days of solid gains, the U.S. dollar was quite subdued on Wednesday, as traders seemed to take some profits ahead of the upcoming monetary policy meeting of the Federal Reserve.Original Article Read More →

South Korea Q2 GDP Expands 1.1% On Quarter

South Korea's gross domestic product gained a seasonally adjusted 1.1 percent on quarter in the second quarter of 2019, the Bank of Korea said in Thursday's advance estimate.Original Article Read More →

New Zealand June Trade Surplus NZ$365 Million

New Zealand posted a merchandise trade surplus of NZ$365 million in June, Statistics New Zealand said on Wednesday.Original Article Read More →

U.S. Existing Home Sales Pull Back Sharply In June

After reporting a notable increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of June. Read More →