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Monthly archive November, 2020

U.S. Services Index Dips More Than Expected October

Growth in U.S. service sector activity slowed by more than expected in the month of October, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI dipped to 56.6 in October Read More →

New Zealand Unemployment Rate Climbs To 5.3% In Q3

The jobless rate in New Zealand came in at a seasonally adjusted 5.3 percent in the third quarter of 2020, Statistics New Zealand said on Wednesday.Original Article Read More →

U.S. GDP Rebounds More Than Expected In The Third Quarter

After reporting a record contraction in U.S. economic activity in the previous quarter, the Commerce Department released a report on Thursday showing the economy rebounded by more than expected in the third quarter.Original Article Read More →

ECB Signals December Move

European Central Bank left its key interest rates and massive stimulus unchanged on Thursday, citing a highly uncertain outlook amid a resurgence in the Covid-19 pandemic, and hinted at a move in December when the latest set of macroeconomic projections Read More →

South Korea Q3 GDP Gains 1.9% On Quarter

South Korea's gross domestic product expanded a seasonally adjusted 1.9 percent on quarter in the third quarter of 2020, the Bank of Korea said in Tuesday's advance estimate.Original Article Read More →

U.S. Pending Home Sales Unexpectedly Pull Back Off Record High In September

Pending home sales unexpectedly pulled back off a record high in the month of September, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index slumped by 2.2 percent to Read More →