Menu

Monthly archive June, 2022

Chicago Business Barometer Drops To Nearly Two-Year Low In June

MNI Indicators released a report on Thursday showing growth in Chicago-area business activity slowed by more than expected in the month of June. The report showed the Chicago business barometer slumped to 56.0 in June from 60.3 in May. While Read More →

Dollar Surges Higher Against Major Rivals

The U.S. dollar firmed against its major counterparts on Wednesday as falling risk sentiment pushed up the demand for the safe-haven currency.Original Article Read More →

U.S. Consumer Confidence Drops To Lowest Level Since February 2021

Consumer confidence in the U.S. continued to deteriorate in the month of June, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 98.7 in June from a downwardly Read More →

German GfK Consumer Sentiment Hits New Record Low

Germany's consumer confidence dropped to a new record low in July as consumers see the risk of the economy slipping to a recession, survey results from the market research group GfK showed on Tuesday. The consumer confidence index fell to Read More →

U.S. Pending Home Sales Unexpectedly Climb 0.7% In May

After reporting steep drops in U.S. pending home sales over the past several months, the National Association of Realtors released a report on Monday showing an unexpected rebound in pending home sales in the month of May.Original Article Read More →

German Ifo Business Sentiment Deteriorates In June

Germany's business sentiment worsened more than expected in June as the war in Ukraine, high inflation and supply chain disruptions triggered fears of recession, survey results from the ifo Institute showed on Friday. After rising for two months, the business Read More →