Monthly archive February, 2020

U.S. Consumer Confidence Improves Slightly In February

Data released by the Conference Board on Tuesday showed consumer confidence in the U.S. improved slightly in the month of February. The Conference Board said its consumer confidence index inched up to 130.7 in February from a downwardly revised 130.4 Read More →

Hong Kong Sees Record Budget Deficit, Unveils Stimulus

Hong Kong unveiled a record high budget deficit for the next fiscal year as the government plans to implement counter-cyclical measures of a massive scale of over HK$120 billion to kickstart the economy that sunk into recession after political unrest, Read More →

U.S. New Home Sales Spike To More Than Twelve-Year High In January

Partly reflecting sharp increases in the Midwest and West, the Commerce Department released a report on Wednesday showing new home sales in the U.S. jumped to their highest level in over twelve years in the month of January. The report Read More →

Dollar Comes Off 2-week Lows, Gains Against Most Major Currencies

The U.S. dollar came off two-week lows and displayed some strength on Wednesday, as rising concerns about the economic impact of the dreaded coronavirus spread weighed on some major currencies.Original Article Read More →

New Zealand Trade Deficit NZ$340 Million In January

New Zealand posted a merchandise trade deficit of NZ$340 million in January, Statistics New Zealand said on Thursday.Original Article Read More →

Dollar Loses Ground Against Peers

The U.S. dollar exhibited weakness on Tuesday amid speculation the U.S. Federal Reserve might cut interest rates during the course of this year to help offset the impact of the coronavirus outbreak on the economy.Original Article Read More →