Monthly archive December, 2019

China’s Manufacturing Sector Expands For Second Straight Month

China's manufacturing sector expanded for the second straight month in December, official survey data showed on Tuesday. The manufacturing Purchasing Managers' Index held steady at 50.2 in December, according to the National Bureau of Statistics. The score was forecast to Read More →

Pound Climbs As BoE Keeps Interest Rate On Hold

The pound advanced against its major trading partners in the European session on Thursday, as the Bank of England kept its interest rate unchanged in a split vote at its final meeting of the year, saying that it was too Read More →

U.S. Initial Jobless Claims Pull Back Off Two-Year High

After reporting a significant increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back in the week ended December 14th.Original Article Read More →

Philadelphia Manufacturing Activity Nearly Flat In December

Philadelphia-area manufacturing activity was nearly flat in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to 0.3 in Read More →

U.S. Existing Home Sales Show Sharp Pullback In November

A report released by the National Association of Realtors on Thursday showed a much bigger than expected pullback in U.S. existing home sales in the month of November. NAR said existing home sales tumbled by 1.7 percent to an annual Read More →

U.S. Weekly Jobless Claims Pull Back Further Off Two-Year High

Following the pullback seen in the previous week, first-time claims for U.S. unemployment benefits showed a continued decrease in the week ended December 21st, the Labor Department revealed in a report on Thursday. The Labor Department said initial jobless claims Read More →