Monthly archive September, 2019

Reflecting low interest rates and solid demand, the National Association of Home Builders released a report on Tuesday showing an unexpected improvement in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index Read More →

Mario Draghi, the outgoing European Central Bank President, announced a host of stimulus measures in his final policy session to boost the euro area economy as the bank slashed the growth and inflation forecasts. Policymakers reiterated the need for a Read More →

Crude oil futures ended lower on Thursday, extending losses to a third straight session, weighed down by a downward revision in OPEC's oil demand forecast and speculation that the U.S. may ease sanctions on Iran.Original Article Read More →

The U.S. dollar moved notably higher Thursday morning, but retreated swiftly and stayed weak right through the session, with traders looking ahead to the Federal Reserve's upcoming monetary policy meeting.Original Article Read More →

Despite the uncertainty revolving around Brexit, the UK employment rate remained at a record high and the jobless rate was at its lowest level since late 1974, reflecting strong labor market conditions, the Office for National Statistics reported Tuesday. Read More →

European Central Bank President Mario Draghi is widely expected to announced a fresh round of stimulus measures on Thursday to rev up the euro area economy, a final push before the expiry of his term at the end of October. Read More →