Monthly archive July, 2023

With low existing inventory keeping demand for new homes solid, the National Association of Home Builders released a report on Tuesday showing an uptick in U.S. homebuilder confidence in the month of July. The report said the NAHB/Wells Fargo Housing Read More →

The U.S. dollar stayed largely subdued against its major counterparts on Monday, as traders awaited fresh economic data, and the monetary policy meetings of the U.S. Federal Reserve and the European Central Bank, due next week.Original Article Read More →

Final inflation from Italy is the only major economic data due on Monday, headlining a very light day for the European economic news. At 4.00 am ET, Italy's Istat publishes final consumer and harmonized prices for June. The initial estimate Read More →

A report released by the Labor Department on Friday showed a modest decrease in U.S. import prices in the month of June as well as an extended slump in U.S. export prices. The Labor Department said import prices dipped by Read More →

Consumer sentiment in the U.S. has improved by much more than anticipated in the month of July, according to preliminary data released by the University of Michigan on Friday. The report showed the consumer sentiment index soared to 72.6 in Read More →

The U.S. dollar climbed higher on Friday, recovering from recent losses, after data from the University of Michigan showed consumer sentiment soared to nearly 2-year high in July.Original Article Read More →