Monthly archive March, 2024

Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production data for January. Output is Read More →

The Japanese government has began discussions over officially declaring an end to deflation, news agency Kyodo reported over the weekend, citing sources close to the matter. For this, the government will carefully examine the outcome of wage negotiations this spring Read More →

Consumer sentiment in the U.S. unexpectedly deteriorated in the month of February, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for February was downwardly revised to 76.9 Read More →

A report released by the Commerce Department on Friday unexpectedly showed a modest decrease in U.S. construction spending in the month of January. The Commerce Department said construction spending slipped by 0.2 percent to an annual rate of $2.102 trillion Read More →

The U.S. dollar weakened against its major counterparts on Friday amid bets the Federal Reserve will likely cut interest rate in June after data showed a slowdown in manufacturing activity in the U.S., and a drop in consumer sentiment.Original Read More →

Manufacturing activity in the U.S. unexpectedly contracted at an accelerated rate in the month of February, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI dipped to 47.8 in February Read More →