Monthly archive May, 2021

The jobless rate in New Zealand came in at a seasonally adjusted 4.7 percent in the first quarter of 2021, Statistics New Zealand said on Wednesday.Original Article Read More →

A report released by the Commerce Department on Tuesday showed the U.S. trade deficit hit a new record high in the month of March. The Commerce Department said the trade deficit widened to $74.4 billion in March from a revised Read More →

The U.S. dollar gained in strength against some major currencies on Thursday, coming off over 2-month lows, after bond yields rose following data showing a strong first-quarter growth of the U.S. economy.Original Article Read More →

Reflecting a significant improvement in consumers' assessment of current conditions, the Conference Board released a report on Tuesday showing U.S. consumer confidence reached its highest level since February of 2020 in the month of April. The Conference Board said its Read More →

Consumer confidence from Germany and France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, German GfK consumer sentiment survey results are due. The confidence index is forecast to rise to -3.5 Read More →

The Asian Development Bank forecast developing Asia to rebound this year although the renewed outbreak of the coronavirus poses threat to the recovery. According to the latest Asian Development Outlook 2021, released Wednesday, economic growth in developing Asia will rebound Read More →