The dollar is turning in a mixed performance against its major rivals Friday afternoon, but is little changed overall. Investors are in a cautious mood ahead of a crucial Congressional vote on healthcare reform.
The vote was expected to take place Thursday evening, but House Republican leaders delayed...
Populist narrative that things were better before the euro is a deception and the single currency and EU are made scapegoats, European Central Bank Executive Board member Peter Praet said.
Reflecting a continued increase in demand for commercial aircraft and parts, the Commerce Department released a report on Friday showing that new orders for U.S. manufactured durable goods shot up by more than anticipated in the month of February. The report said durable goods orders jumped by 1.7 percent.
Eurozone private sector activity expanded at the fastest pace in almost six years in March, amid robust new orders and employment growth in both manufacturing and service sectors. The composite output index rose unexpectedly to 56.7 from 56.0 in February, flash data from the purchasing managers' survey by IHS Markit showed Friday. The score was forecast to fall slightly to 55.8.
Russia's central bank unexpectedly reduced its key interest rate on Friday, after holding it steady for three sessions in a row, and said it could lower it further as inflation slowdown was faster-than-expected amid an economic recovery though risks remain elevated.
Flash Purchasing Managers' survey results from euro area and mortgage approvals from the UK are due on Friday, headlining a light day for the European economic news.
New Zealand posted a merchandise trade deficit of NZ$18 million in February, Statistics New Zealand said on Friday.
That missed forecasts for a surplus of NZ$180 million following the upwardly revised NZ$257 million deficit in January (originally -NZ$285 million).
Exports were down 5.5 percent...
The dollar is turning in a mixed performance against its major rivals Thursday afternoon, but is little changed overall. Investors have been in a cautious mood ahead of a crucial vote in Congress on a healthcare reform bill.
The U.S. House of Representatives is expected to vote on the Republican plan...
New home sales in the U.S. saw a substantial increase in the month of February, the Commerce Department revealed in a report on Thursday, with sales jumping to their highest level in seven months. The report said new home sales spiked by 6.1 percent to an annual rate of 592,000 in February.
A report released by the Labor Department on Thursday showed an unexpected increase in first-time claims for U.S. unemployment benefits in the week ended March 18th. The report said initial jobless claims climbed to 258,000.
Euro area economic recovery is steadily firming and the trend is likely to continue with growth firming and broadening going ahead, the European Central Bank said Thursday.
UK retail sales increased for the first time in four months in February despite high inflation squeezing purchasing power of consumers. The retail sales volume grew 1.4 percent month-on-month in February, reversing a 0.5 percent fall in January, the Office for National Statistics said Thursday.
Retail sales from the UK and consumer confidence from Germany are the major economic reports due on Thursday.
The Reserve Bank of New Zealand on Thursday maintained its Official Cash Rate at the record low of 1.75 percent.
The decision was in line with expectations following a rate cut in November. Following no move in September, the central bank trimmed its benchmark by 25 basis points in August after holding...
The dollar is little changed against its major European rivals Wednesday afternoon, following yesterday's slide. However, the buck is weakening in comparison to the Japanese Yen as geopolitical concerns and uncertainty over the implementation of President Trump's policy agenda has made investors more...