Monthly archive November, 2019

The U.S. dollar continued to exhibit weakness against major currencies on Thursday, with the latest interest rate cut by the Federal Reserve and speculation about more cuts coming up in the foreseeable future weighing down the currency.Original Article Read More →

France's economy expanded more than expected in the third quarter on household spending and investment, while its major counterpart Germany is forecast to enter a mild recession. Gross domestic product climbed 0.3 percent sequentially, the same pace of growth as Read More →

Eurozone economic confidence eased to a near five-year low in October suggesting that the single currency bloc entered the fourth quarter on a weak footing. The economic sentiment index dropped to 100.8 in October from 101.7 in the previous month, Read More →

German unemployment increased only marginally in October and the jobless rate remained near a record low, despite sluggish economic activity. The number of people out of work increased by a seasonally adjusted 6,000 after falling a revised 9,000 in September, Read More →

U.S. economic growth slowed much less than expected in the third quarter, according to a report released by the Commerce Department on Wednesday. The Commerce Department said real gross domestic product increased by 1.9 percent in the third quarter after Read More →

For the third straight meeting, the Federal Reserve voted to cut interest by a quarter point on Wednesday, but a notable change to the accompanying statement suggests the central bank may put further monetary policy easing on hold. The Fed Read More →