Monthly archive May, 2023

Consumer sentiment in the U.S. deteriorated less than previously estimates in the month of May, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for May was upwardly revised to Read More →

The U.S. dollar extended gains against its major counterparts in the New York session on Thursday, as the nation's jobless claims came in lower than expected last week and economic growth was revised upwards for the first quarter, bolstering hopes Read More →

German economy entered a technical recession in the first quarter of this year as household consumption slumped amid the rising cost of living that is fueled by high inflation, revised data from the statistical office Destatis showed Thursday. Gross domestic Read More →

Iceland's central bank raised its key interest rate sharply at its May meeting on Wednesday to contain the risk of a wage-price spiral in the face of strong demand pressures, and the policy board hinted that further rate hikes would Read More →

New home sales in the U.S. unexpectedly spiked to their highest level in a year in the month of April, the Commerce Department revealed in a report released on Tuesday. The report said new home sales jumped by 4.1 percent Read More →

Flash Purchasing Managers' survey results from the euro area and the UK are due on Tuesday, headlining a busy day for the European economic news preview. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance Read More →