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Monthly archive April, 2021

U.S. Existing Home Sales Show Another Steep Drop In March

The National Association of Realtors released a report on Thursday showing another steep drop in U.S. existing home sales in the month of March. NAR said existing home sales tumbled by 3.7 percent to an annual rate of 6.01 million Read More →

U.S. Leading Economic Index Jumps Much More Than Expected In March

A report released by the Conference Board on Thursday showed its index of leading U.S. economic indicators increased by much more than expected in the month of March. The Conference Board said its leading economic index jumped by 1.3 percent Read More →

ECB’s Lagarde Says Eurozone Economy May Resume Growth In Q2

The European Central Bank President Christine Lagarde on Thursday said the near term outlook for the euro area economy remained clouded with high uncertainty, but data suggest the single currency bloc could expand in the second quarter.Original Article Read More →

China Maintains Benchmark Lending Rates

China kept its benchmark lending rates unchanged, as widely expected, on Tuesday. The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent.Original Article Read More →

Dollar Regains Some Lost Ground Against Major Currencies

The U.S. dollar was weak in the Asian session on Tuesday, but gradually recovered as the day progressed to erase some of the losses it posted in recent sessions.Original Article Read More →

New Zealand Consumer Prices Rise 0.8% On Quarter In Q1

Consumer prices in New Zealand climbed a seasonally adjusted 0.8 percent on quarter in the first quarter of 2021, Statistics New Zealand said on Wednesday.Original Article Read More →