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U.S. Small Business Optimism Sinks To 9-Month Low On Inflation Worries

Confidence among U.S. small businesses fell unexpectedly in February to its lowest level in nine months as firms continued to remain worried about inflation, survey data from the National Federation of Independent Business showed Tuesday. The NFIB Small Business Optimism Read More →

Dollar Tumbled Last Week Amidst Powell’s Rate Cut Assurances

The Fed's growing confidence that inflation was moving sustainably at the 2 percent level and Jerome Powell's ample rate cut hints in the Congressional testimony sent the Dollar plunging in the last week.Original Article Read More →

Jump In Imports Contributes To Wider U.S. Trade Deficit In January

The Commerce Department released a report on Thursday showing the U.S. trade deficit widened in the month of January amid a jump in the value of imports. The report said the trade deficit increased to $67.4 billion in January from Read More →

German Industrial Production Recovers In January

Germany's industrial production rebounded at a faster than expected pace in January driven by intermediate and consumer goods output, figures from Destatis showed on Friday. Industrial production posted a monthly growth of 1.0 percent, in contrast to the 2.0 percent Read More →

Eurozone GDP Remains Stable As Estimated

The euro area economy stagnated at the end of 2023, as initially estimated, and avoided a technical recession. Gross domestic product flat-lined sequentially, following a 0.1 percent fall in the third quarter, revised data from Eurostat showed on Friday. The Read More →

U.S. Job Growth Exceeds Estimates In February But Previous Months Downwardly Revised

Employment in the U.S. increased by much more than expected in the month of February, according to a report released by the Labor Department on Friday, although the report also showed notable downward revisions to job growth in the two Read More →