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Monthly archive February, 2023

European Economic News Preview: Germany Final GDP, Consumer Confidence Due

Final quarterly national accounts and consumer confidence from Germany are the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Germany's statistical office Destatis is scheduled to issue detailed results Read More →

British Retailers Expect Sales To Fall In March: CBI

UK retailers expect sales to decline next month and remained pessimistic about the business outlook, survey results from the Confederation of British Industry showed Thursday. A net 2 percent of retailers said their sales volume increased in the year to Read More →

U.S. Dollar Advances Following Fed Minutes

After fluctuating earlier in the day, the value of the U.S. dollar has moved higher following the release of the minutes of the latest Federal Reserve meeting.Original Article Read More →

U.S. Existing Home Sales Unexpectedly Decline For Twelfth Straight Month In January

Existing home sales in the U.S. unexpectedly decreased for the twelfth consecutive month in January, according to a report released by the National Association of Realtors on Tuesday. NAR said existing home sales slid 0.7 percent to an annual rate Read More →

UK Budget Surplus Narrows In January

Despite the record income tax receipts, the UK government budget surplus declined sharply in January due to higher interest payments and substantial spending on energy support schemes, official data revealed on Tuesday. The Office for National Statistics said, excluding banks, Read More →

Bundesbank Expects German Economy To Pick Up Gradually

Germany's economy is set to fall again in the first quarter of this year but there would be a gradual pick up going forward, Bundesbank said in its monthly report on Monday. The central bank said economic output is set Read More →