Monthly archive March, 2024

Business confidence in Germany improved in March on stronger expectations and better assessment of the current conditions, survey results from the ifo Institute showed on Friday. The business sentiment index rose more-than-expected to 87.8 from an upwardly revised 85.7 in Read More →

A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators unexpectedly increased for the first time in two years in February. The Conference Board said its leading economic index inched up by 0.1 Read More →

After climbing higher in the European session and holding firm till well past noon on Wednesday, the U.S. dollar pared gains after the Federal Reserve left interest rates unchanged and signaled a few rate cuts this year.Original Article Read More →

China's central bank left its loan prime rates unchanged on Wednesday, as widely expected, as authorities monitor developments in the housing market and credit growth. The People's Bank of China kept the five-year loan prime rate at 3.95 percent after Read More →

A report released by the Commerce Department on Tuesday showed a substantial rebound in new residential construction in the U.S. in the month of February. The Commerce Department said housing starts spiked by 10.7 percent to an annual rate of Read More →

The U.S. dollar climbed higher on Monday, gaining against most of its major counterparts, ahead of the Federal Reserve's monetary policy meeting, which gets underway on Tuesday. The Bank of Japan, the Bank of England, the Reserve Bank of Australia, Read More →