Monthly archive January, 2020

U.S. Pending Home Sales Unexpectedly Pull Back Sharply In December

Pending home sales in the U.S. unexpectedly showed a sharp pullback in the month of December, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index plunged by 4.9 percent Read More →

Fed Leaves Rates Unchanged As Widely Anticipated

In a widely expected move, the Federal Reserve announced its decision to leave interest rates unchanged following the conclusion of its two-day monetary policy meeting on Wednesday. The Fed decided to maintain the target range for the federal funds rate Read More →

Dollar Stays Firm, Gains Against Rivals

The U.S. dollar remained steady and stayed stronger against most major currencies on Wednesday, reacting to the latest batch of economic data and the Federal Reserve's monetary policy announcement.Original Article Read More →

Australia Inflation Climbs 0.7% On Quarter In Q4

Consumer prices in Australia advanced 0.7 percent on quarter in the fourth quarter of 2019, the Australian Bureau of Statistics said on Wednesday. That beat expectations for a gain of 0.6 percent and was up from 0.5 percent in the Read More →

European Economics Preview: Spain Unemployment Data Due

Unemployment from Spain is due on Tuesday, headlining a very light day for the European economic news. At 3.00 am ET, Spain's INE publishes fourth quarter unemployment data. The jobless rate is seen at 14 percent versus 13.92 percent in Read More →

Euro Declines As Lagarde Cautions On Manufacturing Weakness In Euro Area

The euro lost ground against its major trading partners in the European session on Thursday, after European Central President Christine Lagarde struck a cautious tone on the euro area economy, saying that inflation remained subdued and the weakness in the Read More →