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U.S. Consumer Confidence Shows Substantial Rebound In July

After reporting a sharp pullback in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing confidence rebounded by much more than anticipated in the month of July. The Conference Board said its consumer Read More →

Japan Industrial Output Drops 3.6% In June

Industrial production in Japan was down a seasonally adjusted 3.6 percent on month in June, the Ministry of Economy, Trade and Industry said in Tuesday's preliminary reading.Original Article Read More →

Eurozone Business Loan Credit Standards Tightened In Q2 On Uncertain Outlook

Euro area banks unexpectedly tightened the conditions that business firms should meet to get loans during the second quarter, due to an uncertain economic outlook, results of a quarterly survey by the European Central Bank showed on Tuesday. By contrast, Read More →

Dollar Turns In Another Fine Performance

The U.S. dollar turned in a fine performance against most of its major rivals on Tuesday, buoyed by news about President Donald Trump and congressional leaders clinching a two-year budget agreement.Original Article Read More →

Eurozone Private Sector Growth Weakens On Factory Downturn

Euro area private sector expansion weakened in July, driven by a deepening manufacturing downturn and a slight moderation in service sector growth, data from IHS Markit showed Wednesday. The flash composite output index fell to 51.5 in July from 52.2 Read More →

U.S. New Home Sales Rebound More Than Expected In June

New home sales in the U.S. showed a substantial rebound in the month of June, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales spiked by 7.0 percent to an annual Read More →