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U.S. Homebuilder Confidence Unexpectedly Drops In January

Reflecting concerns about rising material costs and the resurgence of the coronavirus, the National Association of Home Builders released a report on Wednesday showing an unexpected drop in U.S. homebuilder confidence in the month of January.Original Article Read More →

Dollar Stays Subdued As Stimulus Prospects Rise

The U.S. dollar exhibited weakness against most of its peers on Wednesday amid increased risk appetite on hopes the new U.S. government under Joe Biden will come out with a big stimulus to bolster economic recovery.Original Article Read More →

UK Consumer Price Inflation Doubles In December

UK consumer price inflation doubled in December on higher transport and recreation costs, data released by the Office for National Statistics showed on Wednesday. Inflation accelerated to 0.6 percent from 0.3 percent in November. The rate was above Read More →

German ZEW Economic Confidence Strengthens More Than Expected

German economic sentiment improved more-than-expected in January despite the uncertainty over the further course of the lockdown, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment climbed 6.8 Read More →

U.S. Weekly Jobless Claims Climb To Highest In Over Four Months

First-time claims for U.S. unemployment benefits climbed by much more than expected in the week ended January 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 965,000, an increase Read More →

U.S. Import And Export Prices Jump More Than Expected In December

A report released by the Labor Department on Thursday showed U.S. import and export prices both increased by more than expected in the month of December. The Labor Department said import prices climbed by 0.9 percent in December after edging Read More →