Monthly archive April, 2023

A report released by MNI Indicators on Friday showed a continued contraction in Chicago-area business activity in the month of April, although the pace of contraction unexpectedly slowed. MNI Indictors said its Chicago business barometer climbed to 48.6 in April Read More →

The Bank of Russia left its key interest rate unchanged for the fifth policy session in a row on Friday, but did not rule out the possibility of a rate hike in future as inflation is rising gradually. The Board Read More →

The U.S. dollar remained fairly steady and scored gains against some of its major counterparts on Friday amid bets the Federal Reserve will raise interest rate next week.Original Article Read More →

A report released by the National Association of Realtors on Thursday unexpectedly showed a steep drop in pending home sales in the U.S. in the month of March. NAR said its pending home sales index plunged by 5.2 percent to Read More →

Economic confidence data from the euro area is the top economic news due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases retail sales and household consumption data. Sales are forecast Read More →

The Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by much more than expected in March amid a substantial rebound in orders for transportation equipment.Original Article Read More →