Monthly archive August, 2020

Reflecting a sharp increase in orders for transportation equipment, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods spiked by much more than expected in the month of July. The Commerce Department said Read More →

The U.S. dollar saw a bright spell in positive territory Wednesday morning after data showed a bigger-than-expected increase in durable goods orders in the month of July.Original Article Read More →

New Zealand posted a merchandise trade surplus of NZ$282 million in July, Statistics New Zealand said on Wednesday - down from NZ$426 million in June.Original Article Read More →

Germany's economy shrank less than initially estimated in the second quarter but the pace of contraction was the sharpest on record as the coronavirus pandemic shattered spending, investment and trade, revised data from Destatis revealed Tuesday. Elsewhere, survey results from Read More →

The Philippine central bank refrained from cutting rates further from the current record low as policymakers await the real impact of previous easing on the economy. The Monetary Board of the Bangko Sentral ng Pilipinas, or BSP, on Thursday, retained Read More →

First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended August 15th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 1.106 million, an increase of 135,000 from Read More →