Monthly archive May, 2022

Economic activity in the U.S. slumped by slightly more than previously estimated in the first quarter of 2022, according to revised data released by the Commerce Department on Thursday. The Commerce Department said real domestic product slid by 1.5 percent Read More →

Eurozone economic confidence rose slightly in May but remained below its pre-Ukraine war level, survey results from the European Commission showed on Monday. The economic sentiment index rose slightly to 105.0 in May from 104.9 in the previous month. The Read More →

The monetary aggregates data from Eurozone is the only major statistical report due on Friday. At 3.00 am ET, Spain's INE is slated to publish retail sales for April. Sales are forecast to drop 1.9 percent annually, slower than the Read More →

The Commerce Department released a report on Friday showing personal income in the U.S. increased by slightly less than expected in the month of April. The report showed personal income rose by 0.4 percent in April after climbing by 0.5 Read More →

The U.S. dollar turned in a sluggish performance on Friday, extending recent weakness, amid easing concerns about interest rate hikes, and data showing a slowdown in the pace of consumer price growth in the month of April.Original Article Read More →

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by even more than previously estimated in the month of May. The report showed the consumer sentiment index for May was downwardly revised Read More →