Monthly archive November, 2020

Following the relaxation of Covid-19 restrictions, the German economy rebounded at a faster than expected pace in the third quarter, offsetting a large part of the massive contraction in the second quarter, revised data from Destatis revealed on Tuesday. Gross Read More →

UK Chancellor Rishi Sunak is set to unveil spending review for the financial year 2021-22 on Wednesday. Due to uncertainty caused by the coronavirus pandemic, Sunak has reduced the review period to one year from three years. The announcement is Read More →

Fist-time claims for U.S. unemployment benefits unexpectedly increased in the week ended November 21st, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims climbed to 778,000, an increase of 30,000 from the Read More →

New orders for U.S. manufactured durable goods increased by more than expected in the month of October, the Commerce Department revealed in a report on Wednesday. The Commerce Department said durable goods orders jumped by 1.3 percent in October after Read More →

New home sales in the U.S. unexpectedly edged lower in the month of October, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales dipped by 0.3 percent to an annual rate Read More →

Revised data released by the University of Michigan on Wednesday showed consumer sentiment in the U.S. deteriorated by slightly more than expected in the month of November. The report said the consumer sentiment index for November was downwardly revised to Read More →