Monthly archive May, 2022

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. plummeted by much more than expected in the month of April. NAR said its pending home sales plunged by 3.9 percent to Read More →

The Bank of Korea lifted its key interest rate by a quarter point for the second straight meeting to tackle high inflation. At the first rate setting meeting of Governor Rhee Chang-yong, the Monetary Policy Board decided to lift the Read More →

A report released by the Commerce Department on Wednesday showed new orders for U.S. manufactured durable goods increased by less than expected in the month of April. The Commerce Department said durable goods orders rose by 0.4 percent in April Read More →

The value of the U.S. dollar has moved to the downside over the course of trading on Tuesday, extending a recent downward trend.Original Article Read More →

The U.S. dollar drifted lower on Monday, losing ground against most of its major peers, as news about potential easing of lockdowns in China and U.S. President Joe Biden's remarks that he might drop trade tariffs on China resulted in Read More →

Germany's business sentiment improved unexpectedly in May as companies were much more satisfied with their current business, while they remained cautious regarding the outlook, survey results from the ifo Institute showed on Monday. The business confidence index rose to 93.0 Read More →