Monthly archive February, 2022

Existing home sales in the U.S. unexpectedly showed a sharp increase in the month of January, according to a report released by the National Association of Realtors on Friday. NAR said existing home sales spiked 6.7 percent to an annual Read More →

The U.S. dollar firmed against most of its major counterparts on Friday, with traders reacting to the latest batch of economic data, geopolitical developments and comments from Fed officials.Original Article Read More →

UK retail sales rebounded at a faster than expected pace in January as the disruption caused by the Omicron variant faded, the Office for National Statistics said on Friday. Retail sales volume grew 1.9 percent month-on-month, the fastest growth since Read More →

Manufacturing activity in the Philadelphia area expanded at a slower rate in the month of February, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current activity Read More →

The Federal Reserve released the minutes of its January monetary policy meeting Wednesday afternoon, reiterating the view that it would "soon be appropriate" to begin raising interest rates. The belief that interest rate liftoff should begin soon comes as participants Read More →

China's consumer price inflation as well as factory gate inflation moderated further in January, giving space for the central bank to ease its policy to support economic recovery. Consumer price inflation slowed to 0.9 percent in January from 1.5 percent Read More →