Monthly archive August, 2021

The U.S. dollar surged to a nine-month high on Thursday, as the minutes from the Federal Reserve's July meeting showed policymakers are considering tapering the bank's bond purchases prograrm this year.Original Article Read More →

Germany's consumer confidence is set to weaken sharply in September amid deterioration in economic expectations and the propensity to buy as well as an inclination to save, survey data showed Thursday.Original Article Read More →

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended August 21st, according to a report released by the Labor Department on Thursday. The report said initial jobless claims inched up to 353,000, an increase of 4,000 Read More →

The U.S. dollar gained ground against its major rivals on Thursday as traders looked ahead to the Jackson Hole symposium for more insights about the Fed's plan to scale back bond purchase program.Original Article Read More →

Germany's economy grew at a faster than expected pace in the second quarter, underpinned by domestic demand, after contracting in the first three months of the year, latest data from Destatis showed Tuesday. Gross domestic product grew a seasonally and Read More →

The Commerce Department released a report on Tuesday showing a rebound in U.S. new home sales in the month of July. The report showed new home sales increased by 1.0 percent to an annual rate of 708,000 in July after Read More →