Monthly archive October, 2023

The U.S. dollar turned in a weak performance on Thursday as the yield on U.S. 10-year Treasury note came off near 5% level.Original Article Read More →

Retail sales and public sector finances from the UK are the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and Read More →

After seeing some strength overnight, the value of the U.S. dollar has moved modestly lower over the course of trading on Friday. The greenback reached as high as 150 yen but has pulled back to 149.84 amid concerns about intervention Read More →

The People's Bank of China left its benchmark rates unchanged on Friday, as widely expected, after the economic growth exceeded expectations leaving the economy back on the track to achieve the target. The Chinese central bank maintained its one-year loan Read More →

A reading on leading U.S. economic indicators fell by more than expected in the month of September, according to a report released by the Conference Board on Thursday. The Conference Board said its leading economic index slid by 0.7 percent Read More →

A report released by the Commerce Department on Wednesday showed a substantial rebound in new residential construction in the U.S. in the month of September. The Commerce Department said housing starts spiked by 7.0 percent to an annual rate of Read More →