Monthly archive October, 2019

Homebuilder confidence in the U.S. unexpectedly climbed to its highest level in well over a year in the month of October, the National Association of Home Builders revealed in a report on Wednesday. The report said the NAHB/Wells Fargo Housing Read More →

The Commerce Department released a report on Wednesday showing little change in U.S. business inventories in the month of August. The report said business inventories came in virtually unchanged in August after climbing by a revised 0.3 percent in July.Read More →

The U.S. dollar lost ground against most major currencies on Wednesday, as data showing an unexpected drop in retail sales in September raised prospects for a further reduction in interest rates by the Federal Reserve.Original Article Read More →

Two weeks ahead of the Federal Reserve's next monetary policy meeting, the central bank's Beige Book said Wednesday the U.S. economy expanded at only a slight to modest pace over the past month. The Beige Book, a compilation of anecdotal Read More →

South Korea's central bank lowered its key interest rate as economic growth is set to fall below projection owing to the continued US-China trade disputes and escalating geopolitical risks. The Monetary Policy Board of the Bank of Korea on Wednesday Read More →

The UK labor market weakened as the number of people out of work increased and employment declined the most in over four years in three months to August, data from the Office for National Statistics showed Tuesday. The level of Read More →