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Monthly archive July, 2021

U.S. Durable Goods Orders Climb 0.8% In June, Much Less Than Expected

While a report released by the Commerce Department on Tuesday showed new orders for U.S. manufactured durable goods saw continued growth in the month of June, the increase came in well below expectations.Original Article Read More →

U.S. Consumer Confidence Unexpectedly Inches Higher In July

Consumer confidence in the U.S. saw a slight improvement from an upwardly revised level in the month of July, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index inched up Read More →

IMF Raises Global Growth Forecast For Next Year

The International Monetary Fund on Tuesday raised the global growth forecast for next year and the growth is projected to be driven largely by the expansion in the advanced economies, while their emerging and developing peers are set to have Read More →

German Consumer Sentiment Set To Remain Stable In August

Germany's consumer confidence is set to remain unchanged in August as the weakness in economic and income expectations were offset by the improvement in the propensity to buy, survey results from the market research group GfK showed on Wednesday. The Read More →

UK Nationwide House Price Inflation Weakens More Than Expected

UK house price inflation slowed more-than-expected in July from a 17-year high as the tapering of stamp duty relief in England took the heat out of the market, data published by the Nationwide Building Society showed on Wednesday. House prices Read More →

Dollar Loses Ground Against Major Peers

The U.S. dollar was weak against most of its major rivals on Tuesday, weighed down by a report showing a smaller-than-expected increase in the country's durable goods orders in June.Original Article Read More →