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Monthly archive October, 2023

Dollar Turns Weak Against Most Of Its Major Counterparts

The U.S. dollar turned weak on Wednesday after data from payroll processor ADP showed a smaller than expected increase in private sector employment in the month of September.Original Article Read More →

Australia Central Bank Keeps Rate Steady For Fourth Session

The Reserve Bank of Australia kept its key interest rate unchanged in the first policy session chaired by the new governor Michele Bullock as policymakers assessed that the past rate hikes are working to bring inflation down to the target. Read More →

U.S. Construction Spending Increases In Line With Estimates In August

A report released by the Commerce Department on Monday showed construction spending in the U.S. increased in line with economist estimates in the month of August. The Commerce Department said construction spending climbed 0.5 percent to an annual rate of Read More →

European Economic News Preview: Eurozone Final Factory PMI Data Due

Factory Purchasing Managers' survey results and unemployment from the euro area are the top economic news due on Monday. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 5.7 percent on a Read More →

U.S. Personal Income Increases 0.4% In August, In Line With Estimates

Personal income in the U.S. increased in line with economist estimates in the month of August, according to a report released by the Commerce Department on Friday. The report said personal income climbed by 0.4 percent in August after rising Read More →