U.S. Services Index Unexpectedly Pulls Back Off All-Time In April

After reporting an unexpected slowdown in U.S. manufacturing growth earlier this week, the Institute for Supply Management released a report on Wednesday showing the pace of U.S. service sector growth also unexpectedly slowed in the month of April.Original Article Read More →

U.S. Dollar Nearly Flat As Data Points To Growth But Misses Estimates

The U.S. dollar saw some strength overnight but has shown a lack of direction over the course of trading on Wednesday. The U.S. dollar index is currently trading at 91.28, down by less than a tenth of a percent.Original Read More →

New Zealand Building Permits Spike 17.9% In March

The total number of building permits issued in New Zealand surged a seasonally adjusted 17.9 percent on month in March, Statistics New Zealand said on Thursday - standing at 4,218.Original Article Read More →

New Zealand Unemployment Rate Drops To 4.7% In Q1

The jobless rate in New Zealand came in at a seasonally adjusted 4.7 percent in the first quarter of 2021, Statistics New Zealand said on Wednesday.Original Article Read More →

U.S. Trade Deficit Reaches New Record High In March

A report released by the Commerce Department on Tuesday showed the U.S. trade deficit hit a new record high in the month of March. The Commerce Department said the trade deficit widened to $74.4 billion in March from a revised Read More →

Dollar Comes Off Nine-week Lows, Scores Gains Against Some Major Currencies

The U.S. dollar gained in strength against some major currencies on Thursday, coming off over 2-month lows, after bond yields rose following data showing a strong first-quarter growth of the U.S. economy.Original Article Read More →