Monthly archive January, 2022

With growth constrained by ongoing supply chain disruptions and labor shortages, the Federal Reserve's Beige Book said Wednesday that U.S. economic activity expanded at a modest pace in the final weeks of 2021.Original Article Read More →

With traders reacting to the Labor Department's highly anticipated consumer price inflation report, the U.S. dollar has shown a notable move to the downside on Wednesday.Original Article Read More →

The U.S. Dollar lost ground against other major currencies on Tuesday after the Federal Reserve Chairman Jerome Powell said the central bank has not decided as yet on reducing its balance sheet.Original Article Read More →

Germany's factory orders rebounded at a faster-than-expected pace in November underpinned by robust foreign demand, data from Destatis showed on Thursday. New orders grew 3.7 percent month-on-month in November, reversing a strong decline of 5.8 percent in October. The pace Read More →

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday unexpectedly showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended January 1st.Original Article Read More →

The U.S. trade deficit widened significantly in the month of November, according to a report released by the Commerce Department on Thursday. The report said the trade deficit widened to $80.2 billion in November from a revised $67.2 billion in Read More →