Monthly archive February, 2023

A report released by the National Association of Home Builders on Wednesday showed a much bigger than expected improvement in U.S. homebuilder confidence in the month of February. The report said the NAHB/Wells Fargo Housing Market Index jumped to 42 Read More →

The Labor Department released a report on Tuesday showing U.S. consumer prices increased in line with economist estimates in the month of January. The report said the consumer price index climbed by 0.5 percent in January following a revised 0.1 Read More →

Currency markets witnessed moderate movements in the week spanning February 6-10 ahead of the crucial CPI data release from the U.S. on February 14.EUR/USDOriginal Article Read More →

Consumer prices from Switzerland is the only major data due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Turkish Statistical Institute is set to release retail sales data for December. At 2.30 Read More →

The UK economy managed to avoid a technical recession in the fourth quarter, but it is set to undergo a challenging period ahead as high interest rates and inflation squeeze disposable income of households. Gross domestic product stabilized in the Read More →

The University of Michigan released a report on Friday showing a modest improvement in U.S. consumer sentiment in the month of February. The report showed the consumer sentiment index rose to 66.4 in February from 64.9 in January. Economists had Read More →