Monthly archive January, 2021

After reporting a notable increase in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday showing durable goods orders rose by much less than expected in the month of December.Read More →

The U.S. dollar retreated after early gains on Tuesday, as traders continued to closely track the progress on the stimulus front, reacted to geopolitical and the latest batch of economic data from across the world.Original Article Read More →

The World Economic Outlook from the International Monetary Fund and the labor market statistics from the UK are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases Read More →

Risks surrounding the euro area growth outlook remain tilted to the downside, but are now less pronounced, the European Central Bank President Christine Lagarde said Thursday.Original Article Read More →

The U.S. dollar weakened against its peers on Thursday as the currency's safe haven appeal dimmed amid rising hopes the Joe Biden administration will step up stimulus to bolster growth.Original Article Read More →

Consumer prices in New Zealand jumped 1.4 percent on year in the fourth quarter of 2020, Statistics New Zealand said on Friday - unchanged from the previous three months and exceeding expectations for an increase of 1.0 percent.Original Article Read More →