Monthly archive September, 2023

German unemployment increased less than expected in September despite weak economic activity, official data revealed on Friday. The number of unemployed increased by only 10,000 in September after climbing 20,000 in August, the Federal Labor Agency said Friday. Unemployment was Read More →

The U.S. dollar tumbled in the Asian session on Friday, but recovered gradually thereafter and managed to post gains against some of its major counterparts amid optimism about the health of the world's largest economy.Original Article Read More →

Flash inflation from the euro area and unemployment from Germany are the top economic data due on Friday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue Read More →

A report released by the National Association of Realtors on Thursday showed a much steeper than expected drop in U.S. pending home sales in the month of August. NAR said its pending home sales plunged by 7.1 percent to 71.8 Read More →

The U.S. dollar gained against most of its major counterparts on Wednesday amid continued bets interest rates will remain higher for longer than previously thought, and the world's largest economy will see significant growth despite tight monetary policy.Original Article Read More →

Consumer confidence from Germany and France are the top economic data due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer sentiment survey Read More →