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Monthly archive January, 2024

Eurozone Inflation Accelerates Less Than Expected

Euro area consumer price inflation rose in December, mainly due to the energy-related base effects, while the core measure remained strong despite slowing slightly, underpinning the European Central Bank's policy stance that it is too early to think of interest Read More →

U.S. Weekly Jobless Claims Dip More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended December 30th. The Labor Department said initial jobless claims declined to 202,000, a decrease Read More →

U.S. Dollar Sees Further Upside Amid Interest Rate Uncertainty

Following a positive start to the new year, the value of the U.S. dollar has seen further upside on Wednesday amid fading optimism about early interest rate cuts by the Federal Reserve.Original Article Read More →

European Economic News Preview: Germany Unemployment Data Due

Unemployment from Germany and Spain are the major reports due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Turkish Statistical Institute publishes consumer and producer prices for December. Inflation had surged to Read More →

U.S. Construction Spending Climbs Slightly Less Than Expected In November

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. rose by slightly less than expected in November, although the report also showed a significant upward revision to the increase in spending in October.Original Read More →

U.S. Weekly Jobless Claims Rise More Than Expected

First-time claims for U.S. unemployment benefits rose by more than expected in the week ended December 23rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 218,000, an increase of Read More →