Monthly archive January, 2022

Flash inflation data from Germany and quarterly national accounts from euro area are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, foreign trade from Turkey and unemployment data from Denmark are due. Read More →

A report released by the Commerce Department on Friday showed personal income in the U.S. increased by less than expected in the month of December. The Commerce Department said personal income rose by 0.3 percent in December after climbing by Read More →

Consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of January, according to revised data released by the University of Michigan on Friday. The report showed the consumer sentiment index for January was downwardly revised Read More →

The U.S. dollar pared early gains against its major counterparts on Friday after expectations for an aggressive tightening of monetary policy by the Fed dropped a bit following the latest data on core consumer price growth and personal income and Read More →

The German economy contracted more than expected as new restrictions imposed at the end of the year dampened household spending, data released by Destatis revealed on Friday. Gross domestic product fell 0.7 percent sequentially, reversing the 1.7 percent expansion in Read More →

The U.S. dollar spiked higher against its major trading partners in the European session on Thursday, as short-term U.S. treasury yields rose in reaction to comments from Federal Reserve Chair Jerome Powell, signaling a liftoff in interest rates in March Read More →