Menu

Monthly archive May, 2023

European Economic News Preview: BoE Chief To Attend Treasury Committee Hearing

The treasury select committee hearing of the Bank of England governor is the only major event due on Thursday. At 3.00 am ET, the Czech Statistical Office releases producer prices for April. Producer price inflation is seen slowing to 7.5 Read More →

U.S. Housing Starts Unexpectedly Rebound But Building Permits Extend Slump

New residential construction in the U.S. unexpectedly saw a significant rebound in the month of April, according to a report released by the Commerce Department on Wednesday. The report said housing starts jumped by 2.2 percent to an annual rate Read More →

U.S. Homebuilder Confidence Unexpectedly Continues To Improve In May

Homebuilder confidence in the U.S. has unexpectedly improved in the month of May, the National Association of Home Builders revealed in a report released on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index jumped to 50 in May Read More →

Dollar’s Dominance Rises Despite Lingering Debt Ceiling Concerns

Currency markets witnessed an uptick in the Dollar's dominance in the week spanning May 8 to May 12, amidst fresh inflation readings that underscored latent price pressures in the U.S. economy as well as trade and inflation data from China Read More →

Thailand GDP Growth Exceeds Expectations In Q1

The Thai economy registered a faster-than-expected growth in the first quarter underpinned by exports, household spending and investment. Gross domestic product posted an annual growth of 2.7 percent after expanding 1.4 percent in the preceding quarter, the Office of the Read More →

UK Economy Grows For Second Quarter In A Row

UK economy expanded for the second straight quarter, in line with expectations, though output shrunk unexpectedly in the month of March, preliminary data from the Office for National Statistics showed Friday. Gross domestic product grew 0.1 percent from the fourth Read More →