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Monthly archive February, 2020

UK Construction Contracts At Slowest Pace In 8 Months

The UK construction sector contracted at the slowest pace in eight months in January as receding political uncertainty after the general election boosted client demand, results of a closely watched survey showed Tuesday. The IHS Markit/Chartered Institute of Procurement & Read More →

South Korea Industrial Output Rises 3.5% In December

Industrial production in South Korea gained a seasonally adjusted 3.5 percent on month in December, Statistics Korea said on Friday - following the 0.5 percent decline in November.Original Article Read More →

U.S. Consumer Confidence Improves More Than Expected In January

Consumer confidence in the U.S. showed a notable improvement in the month of January, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index climbed to 131.6 in January from an upwardly Read More →

Dollar Pares Gains After Hitting Near 2-month High

The U.S. dollar was steady against major currencies on Tuesday, ahead of the Federal Reserve's monetary policy statement, due on Wednesday. The currency's safe-haven appeal amid concerns about the impact of the coronavirus spread on the global economy helped its Read More →

UK House Price Growth At 14-Month High

UK house prices increased at the fastest pace in more than a year in January, thanks to low interest rates and improving labor market conditions, data from Nationwide Building Society showed Wednesday. House prices grew at a faster-than-expected 1.9 percent Read More →

German Consumer Confidence Set To Strengthen In February

Germany's consumer confidence is set to improve in February amid further improvement in economic and income expectations, and private consumption in forecast to grow 1 percent in 2020, results of a survey by the market research group GfK showed Wednesday. Read More →