Monthly archive August, 2023

The UK economy logged a surprise growth in the second quarter as the fall in net trade was offset by the growth in household spending and government consumption. In the second quarter, gross domestic product registered a sequential Read More →

Partly reflecting an increase in prices for services, the Labor Department released a report on Friday showing U.S. producer prices climbed by slightly more than expected in the month of July. The Labor Department said its producer price index for Read More →

After reporting a surge in U.S. consumer sentiment in the previous month, the University of Michigan released preliminary data on Friday showing a slight pullback in consumer sentiment in the month of August.Original Article Read More →

The U.S. dollar firmed against its major counterparts on Friday after data showed a slightly bigger than expected increase in the nation's producer prices in the month of July, triggering speculation the Federal Reserve will likely keep interest rates higher Read More →

Quarterly national accounts from the UK and final consumer price figures from France are the top economic news due on Friday. At 1.30 am ET, France's statistical office INSEE is scheduled to issue unemployment data for the second quarter. The Read More →

First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 5th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 248,000, an increase Read More →