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U.S. Consumer Confidence Unexpectedly Deteriorates In February

Reflecting persistent uncertainty about the U.S. economy, the Conference Board released a report on Tuesday showing an unexpected deterioration in U.S. consumer confidence in the month of February. The Conference Board said its consumer confidence index slid to 106.7 in Read More →

Dollar Turns In Another Lackluster Performance

The U.S. dollar turned in a lackluster performance on Monday with investors awaiting a slew of economic data, including the Fed's preferred gauge of inflation on Thursday for further clues on the prospects of early rate cuts.Original Article Read More →

Turkey Maintains Policy Rate At 45% Under New Governor

The Turkish central bank left its benchmark rate unchanged at the first policy meeting under the governorship of Fatih Karahan after a slew of rate hikes, and signaled that the rate will be maintained at the current level or will Read More →

U.S. Existing Home Sales Show Significant Rebound In January

Existing home sales in the U.S. saw a significant rebound in the month of January, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales jumped by 3.1 percent to an annual Read More →

Dollar Remains Subdued Despite Strong Economic Data

The U.S. dollar turned in a subdued performance on Thursday despite some strong economic data, and prospects of the Federal Reserve holding interest rates higher in the near-term.Original Article Read More →

German Ifo Business Morale Rises Slightly

Sentiment among German companies rose moderately in February due to less pessimism regarding the outlook signaling that the economy is stabilizing at a low level, survey data from the ifo Institute showed Friday. The ifo business climate index rose to Read More →

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