Monthly archive August, 2022

A report released by the Conference Board on Thursday showed a continued decrease by its reading on leading U.S. economic indicators in the month of July. The Conference Board said its leading economic index fell by 0.4 percent in July Read More →

The U.S. dollar retreated from higher levels Wednesday afternoon after the release of the Federal Reserve's July meeting, but still managed to hold above the flat line as the minutes indicated the central bank will continue hiking rates to fight Read More →

Deepening the cost of living crisis, UK consumer price inflation accelerated further in July to the highest since 1982 on surging food and fuel prices, adding pressure on the Bank of England to tighten the policy again despite the looming Read More →

The UK labor market turned less tight in the middle of the year as job vacancies declined for the first time since August 2020 and the unemployment rate remained unchanged, the latest Labor Force Survey from the Office for National Read More →

A report released by the National Association of Home Builders on Monday unexpectedly showed a continued deterioration in U.S. homebuilder confidence in the month of August. The report showed the NAHB/Wells Fargo Housing Market Index dropped to 49 in August Read More →

Malaysia's economy grew at the fastest pace in a year in the second quarter as household spending strengthened on the labor market recovery, official data showed on Friday. The economic growth accelerated to 8.9 percent in the second quarter from Read More →