Monthly archive August, 2019

A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators rose by much more than anticipated in the month of July. The Conference Board said its leading economic index climbed by 0.5 percent Read More →

Save for a brief while early in the day, the U.S. dollar stayed weak on Thursday as traders looked ahead for clues about stimulus or interest rate cuts from the Federal Reserve at the symposium in Jackson Hole, Wyoming on Read More →

Producer price data from Germany is due on Tuesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes July unemployment report. The jobless rate stood at 6.2 percent in June. At 2.00 am Read More →

The UK budget balance showed a small surplus in July, figures from the Office for National Statistics showed Wednesday. Public sector net borrowing excluding public sector banks was in GBP 1.3 billion surplus in July. This was smaller by GBP Read More →

Existing home sales in the U.S. showed a notable rebound in the month of July, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales jumped by 2.5 percent to an annual Read More →

The International Monetary Fund cautioned that monetary policy easing are unlikely to lead to currency devaluations that are adequate enough to cause a sustained improvement in a country's trade balance. Trade wars and currency devaluation concerns are set to be Read More →