Monthly archive November, 2019

Reserve Bank of Australia Governor Philip Lowe said on Tuesday that quantitative easing becomes an option at a cash rate of 0.25 percent. However, he said, "the threshold for undertaking QE in Australia has not been reached, and I don't Read More →

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in unchanged in the week ended November 16th. The report said initial jobless claims came in at 227,000, unchanged from the previous week's revised Read More →

After reporting a continued slowdown in the pace of growth in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing growth accelerated by more than anticipated in the month of Read More →

A report released by the Conference Board on Thursday showed a modest decrease by its reading on leading U.S. economic indicators in the month of October. The Conference Board said its leading economic index edged down by 0.1 percent in Read More →

The U.S. dollar recovered after early weakness on Thursday, but struggled to make a significant move up north, amid conflicting news about U.S.-China trade talks and a mixed batch of economic data.Original Article Read More →

A report released by the Commerce Department on Tuesday showed a substantial rebound in new residential construction in the month of October. The Commerce Department said housing starts surged up by 3.8 percent to an annual rate of 1.314 million Read More →