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Monthly archive January, 2020

New Zealand Building Permits Sink 8.5% In November

The total number of building permits issued in New Zealand tumbled a seasonally adjusted 8.5 percent on month in November, Statistics New Zealand said on Tuesday - standing at 3,204.Original Article Read More →

Eurozone Inflation Accelerates, Retail Sales Recover

Eurozone inflation accelerated in December largely driven by food and energy prices, but continued to remain below the central bank target, flash data from Eurostat showed on Tuesday. Underpinned by food and non-food product sales, retail sales volume rebounded at Read More →

U.S. Trade Deficit Narrows To Smallest In Three Years

With exports rising and imports falling, the Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed significantly in the month of November. The report said the trade deficit narrowed to $43.1 billion in November from a Read More →

U.S. Service Sector Growth Accelerates More Than Expected In December

Service sector activity in the U.S. grew at a faster than expected pace in the month of December, the Institute for Supply Management revealed in a report on Tuesday. The ISM said its non-manufacturing index climbed to 55.0 in December Read More →

Dollar Rises Against Peers As Geopolitical Tensions Fade Slightly

The U.S. dollar displayed strength against most major currencies on Tuesday, rebounding from losses in the previous session, as concerns about U.S.-Iran standoff faded a bit as there was no fresh escalation in tensions.Original Article Read More →

Eurozone Economic Confidence At 3-Month High

Eurozone economic confidence rose to a three-month high despite the weakness in industrial and consumer sentiment, survey results from the European Commission showed Wednesday. The economic confidence index rose to 101.5 in December, as expected, from 101.2 in November. Confidence Read More →