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Monthly archive May, 2021

Dollar Rebounds, Scores Solid Gains Against Peers

The U.S. dollar moved higher on Wednesday, rebounding from recent losses, after data showed a weak outlook for the Japanese economy and the New Zealand central bank hinted at a rate hike.Original Article Read More →

European Economics Preview: France Business & Consumer Confidence Due

Business and consumer confidence survey results are due from France on Wednesday, headlining a light day for the European economic news.Original Article Read More →

German Ifo Business Confidence At 2-Year High

Germany's business sentiment strengthened to a two-year high in May as the lifting of restrictions related to the Covid-19 boosted expectations among managers, survey data from the ifo Institute revealed on Tuesday. However, data released earlier in the day showed Read More →

New York Manufacturing Index Pulls Back Modestly But Still Indicates Growth

After jumping to a more than three-year high in the previous month, the New York Federal Reserve's index of regional manufacturing activity showed a modest pullback in the month of May. The New York Fed released a report on Monday Read More →

U.S. Homebuilder Confidence Unchanged In May

Homebuilder confidence in the U.S. held stable in the month of May, according to a report released by the National Association of Home Builders on Monday. The report showed the NAHB/Wells Fargo Housing Market Index came in at 83 in Read More →

Japan Core Machine Orders Climb 3.7% On Month In March

The value of core machine orders in Japan advanced a seasonally adjusted 3.7 percent on month in March, the Cabinet Office said on Thursday - standing at 798.1 billion yen.Original Article Read More →