Monthly archive February, 2024

The University of Michigan released revised data on Friday showing U.S. consumer sentiment improved by slightly more than previously estimated in the month of January. The report said the consumer sentiment index for January was upwardly revised to 79.0 from Read More →

The U.S. dollar surged higher on Friday, gaining significant ground against most of its major counterparts, as upbeat jobs data dashed hopes of an early rate cut by the Federal Reserve.Original Article Read More →

Industrial production from France and unemployment from Spain are the top economic news due on Friday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production for December. Output is forecast to grow 0.2 percent on Read More →

The Commerce Department released a report on Thursday showing U.S. construction spending jumped much more than anticipated in the month of December. The report said construction spending increased by 0.9 percent to an annual rate of $2.096 trillion in December Read More →

The U.S. dollar, which slipped in early New York session on Wednesday after data showed a smaller than expected increase in the nation's private sector job growth, rebounded after the Federal Reserve's comments suggested a rate cut in March is Read More →