Monthly archive October, 2022

Reflecting worries about rising interest rates, building material bottlenecks and elevated home prices, the National Association of Home Builders released a report on Tuesday showing a continued deterioration in U.S. homebuilder confidence in the month of October.Original Article Read More →

The U.S. dollar drifted lower on Monday as the Sterling gained in strength against other major currencies after the new British Finance Minister Jeremy Hunt announced that the government would withdraw almost all tax measures of economic plan to support Read More →

Final consumer price data from Italy is due on Monday, headlining a light day for the European economic news. At 3.00 am ET, the Czech Statistical Office is scheduled to issue producer price figures for September. Producer price inflation is Read More →

Consumer sentiment in the U.S. has seen a modest improvement in the month of October, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index crept up to 59.8 Read More →

Business inventories in the U.S. increased by slightly less than expected in the month of August, according to a report released by the Commerce Department on Friday. The Commerce Department said business inventories climbed by 0.8 percent in August after Read More →

The U.S. dollar firmed against its major rivals on Friday, amid bets the Federal Reserve will continue with its aggressive policy tightening moves in the coming months.Original Article Read More →