Monthly archive March, 2021

After staying above the flat line in the Asian and European session, the U.S. dollar slipped on Wednesday after the Federal Reserve left rates unchanged and said it expects to keep rates at near-zero levels through 2023.Original Article Read More →

New Zealand's gross domestic product contracted 1.0 percent on quarter in the fourth quarter of 2020, Statistics New Zealand said on Thursday.Original Article Read More →

Final consumer price data from euro area and new car registrations from Europe are due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, the European Automobile Manufacturers' Association is slated to publish Europe's Read More →

The National Association of Home Builders released a report on Tuesday showing a slightly bigger than expected decrease in U.S. homebuilder confidence in the month of March. The report said the NAHB/Wells Fargo Housing Market Index fell to 82 in Read More →

Following last week's much better than expected monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell to a four-month low in the week ended March 6th. The Labor Department said Read More →

Sustained increase in market interest rates could derail the Eurozone economy's recovery from the coronavirus pandemic-induced slump, European Central Bank President Christine Lagarde said Thursday as the bank decided to accelerate its bond purchases over the next quarter.Original Article Read More →