Monthly archive September, 2023

Eurozone investor sentiment weakened in August reinforcing the fears of economic downturn as Germany burdens the entire zone with a deep recession, survey data from the behavioral research institute Sentix showed Monday. The Sentix investor confidence index fell to -21.5 Read More →

Indicating a slower pace of contraction, the Institute for Supply Management released a report on Friday showing an uptick by its reading on U.S. manufacturing activity in the month of August. The ISM said its manufacturing PMI rose to 47.6 Read More →

Construction spending in the U.S. increased more than expected in the month of July, according to a report released by the Commerce Department on Friday. The report said construction spending climbed 0.7 percent to an annual rate of $1.973 trillion Read More →

After seeing some weakness in morning trading, the value of U.S. dollar has shown a notable turnaround over the course of trading on Friday. The early weakness in the dollar came after the Labor Department released a report showing modestly Read More →

UK house prices declined at the fastest pace in more than 14 years in August as rising borrowing costs continue to dampen housing market activity, data published by the Nationwide Building Society showed on Friday. House prices posted an annual Read More →