Monthly archive August, 2021

Industrial production in the U.S. increased by much more than expected in the month of July, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production advanced by 0.9 percent in July after edging Read More →

The Commerce Department released a report on Tuesday showing business inventories in the U.S. increased in line with economist estimates in the month of June. The report said business inventories climbed by 0.8 percent in June after rising by an Read More →

The total value of core machine orders in Japan fell a seasonally adjusted 1.5 percent on month in June, the Cabinet Office said on Wednesday - standing at 852.4 billion yen.Original Article Read More →

A report released by the Commerce Department on Wednesday showed a sharp pullback in new residential construction in the U.S. in the month of July. The Commerce Department said housing starts plunged by 7.0 percent to an annual rate of Read More →

Most Federal Reserve officials at the central bank's July monetary policy meeting believe it will be appropriate to begin tapering asset purchases this year, according to the minutes of the meeting released on Wednesday.Original Article Read More →

After staying firm during the Asian session and extending its gains in the European session, the U.S. dollar tumbled Wednesday post release of the minutes from the Federal Reserve's July meeting.Original Article Read More →