Monthly archive September, 2019

Final Purchasing Managers' survey results and retail sales report from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 3.00 am ET, the Hungarian Central Statistical Office is scheduled to issue retail Read More →

The euro area private sector logged a moderate growth in August, though the pace of expansion improved slightly more than initially estimated, the latest data from IHS Markit showed Wednesday. The final composite output index rose to 51.9 in August Read More →

The UK service sector growth weakened in August as Brexit-related worries curbed spending, raising the likelihood of the economy entering a recession in the third quarter, data from IHS Markit revealed Wednesday. The IHS Markit/Chartered Institute of Procurement & Supply Read More →

With the Federal Reserve's next monetary policy decision looming, the central bank's Beige Book released Wednesday said the U.S. economy expanded at a modest pace through the end of August. The report noted continued concerns regarding tariffs and trade policy Read More →

The U.S. dollar weakened against major currencies on Wednesday as traders sought riskier assets such as equities amid easing political concerns and data showing an acceleration in China's service sector activity in August.Original Article Read More →

The total volume of building activity in New Zealand fell a seasonally adjusted 1.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday.Original Article Read More →