Monthly archive June, 2023

Industrial production from France and unemployment from Spain are the only important economic data due on Friday. At 2.45 am ET, France's statistical office Insee publishes industrial output for April. Production is expected to grow 0.3 percent on month, in Read More →

The Labor Department released its closely watched monthly jobs report on Friday, showing U.S. employment surged by much more than expected in the month of May. The report showed non-farm employment soared by 339,000 jobs in May after spiking by Read More →

The U.S. dollar climbed higher against its major counterparts on Friday thanks to stronger-than-expected job growth in May.Original Article Read More →

France's industrial production rebounded in April with the sharp recovery in petroleum output, the statistical office INSEE reported Friday. Industrial output logged a monthly growth of 0.8 percent, reversing the 1.1 percent decrease in March. Production was expected to climb Read More →

Construction spending in U.S. jumped by much more than expected in the month of April, according to a report released by the Commerce Department on Thursday. The Commerce Department said construction spending surged by 1.2 percent to an annual rate Read More →

The U.S. dollar pared gains after rising to a more than 2-month high on Wednesday as traders reacted to comments from a couple of Federal Reserve officials about "skipping" interest rate hikes at the central bank's next meeting in June.Read More →