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Monthly archive March, 2023

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In March

Revised data released by the University of Michigan on Friday showed U.S. consumer sentiment deteriorated by more than previously estimated in the month of March. The report said the consumer sentiment index for March was downwardly revised to 62.0 from Read More →

Dollar Loses Ground Against Major Rivals After GDP, Jobless Claims Data

The U.S. dollar drifted lower against its major counterparts on Thursday as data showing a slower than expected pace of economic growth in the fourth quarter, and an increase in jobless claims, raised the possibility of the Federal Reserve pausing Read More →

Spain Inflation At 19-Month Low

Spain consumer price inflation eased in March to the weakest since August 2021 due to falling electricity and fuel prices but core inflation remained sticky, flash estimates from the statistical office INE showed Thursday. Consumer prices climbed at a much Read More →

U.S. Pending Home Sales Unexpectedly Increase For Third Straight Month In February

Pending home sales in the U.S. unexpectedly increased for the third straight month in February, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index climbed by 0.8 percent to Read More →

U.S. Consumer Confidence Unexpectedly Improves In March

Reflecting an uptick in consumer expectations, the Conference Board released a report on Tuesday unexpectedly showing a slight improvement in U.S. consumer confidence in the month of March. The Conference Board said its consumer confidence index inched up to 104.2 Read More →

European Economic News Preview: France Business Confidence Data Due

Business confidence survey results from France and Italy are due on Tuesday, headlining a light day for the European economic news. At 2.30 am ET, gross wages and current account figures are due from Hungary. At 2.45 am ET, France's Read More →