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RBA Chief Says QE Becomes An Option At 0.25% Cash Rate

Reserve Bank of Australia Governor Philip Lowe said on Tuesday that quantitative easing becomes an option at a cash rate of 0.25 percent. However, he said, "the threshold for undertaking QE in Australia has not been reached, and I don't Read More →

U.S. Weekly Jobless Claims Unchanged At Five-Month High

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in unchanged in the week ended November 16th. The report said initial jobless claims came in at 227,000, unchanged from the previous week's revised Read More →

Growth In Philadelphia Manufacturing Re-Accelerates More Than Expected

After reporting a continued slowdown in the pace of growth in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing growth accelerated by more than anticipated in the month of Read More →

U.S. Leading Economic Index Drops For Third Straight Month In October

A report released by the Conference Board on Thursday showed a modest decrease by its reading on leading U.S. economic indicators in the month of October. The Conference Board said its leading economic index edged down by 0.1 percent in Read More →

Dollar Stays Firm Against Most Major Rivals

The U.S. dollar recovered after early weakness on Thursday, but struggled to make a significant move up north, amid conflicting news about U.S.-China trade talks and a mixed batch of economic data.Original Article Read More →

U.S. Housing Starts Show Substantial Rebound In October

A report released by the Commerce Department on Tuesday showed a substantial rebound in new residential construction in the month of October. The Commerce Department said housing starts surged up by 3.8 percent to an annual rate of 1.314 million Read More →

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