The dollar is turning in a mixed performance against its major rivals Tuesday afternoon and is little changed overall. Last night's highly anticipated presidential debate between Hillary Clinton and Donald Trump has had little impact on the U.S. currency today. Pundits have largely described the first...
Consumer confidence in the U.S. unexpectedly improved in the month of September, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index jumped to 104.1 in September from an upwardly revised 101.8 in August.
Home price growth in major U.S. metropolitan areas continued to slow in the month of July, Standard & Poor's revealed in a report on Tuesday. The report said the S&P/Case-Shiller 20-city composite home price index was up 5.0 percent year-over-year in July compared to the 5.1 percent increase seen in June.
The World Trade Organization downgraded its outlook for global trade, signaling that trade is set to grow at a slower pace than the world GDP growth for the first time in 15 years. The Geneva-based WTO forecast world trade to expand only 1.7 percent this year instead of 2.8 percent projected in April.
Developing Asia is set to grow robustly, underpinned by the strong performance by China and India, despite external pressures, the Asian Development Bank said Tuesday as it retained its growth projection for the region. Gross domestic product of developing Asia is forecast to grow 5.7 percent each in 2016 and 2017, as estimated in March, the Manila-based lender said.
Monetary aggregates from euro area and import prices from Germany are due on Tuesday, headlining a light day for the European economic news.
Members of the Bank of Japan's Monetary Policy Board said that the county's economy is continuing to rebound, minutes from the bank's July 28-29 meeting revealed on Tuesday.
Considerable price uncertainty remains, the members noted, with the inflation outlook remaining slightly negative thanks to...
The dollar is trading slightly lower against all of its major rivals Monday afternoon. Economic data was on the light side at the start of the new trading week, so investors are largely reacting to some statements from central bankers.
The Bank of Japan is willing to use every possible tool, if necessary,...
After reporting a substantial increase in U.S. new home sales in the previous month, the Commerce Department released a report on Monday showing a sharp pullback in new home sales in the month of August. The report said new home sales tumbled by 7.6 percent to an annual rate of 609,000 in August after surging up by 13.8 percent to a revised 659,000 in July.
German business sentiment improved strongly to its highest level in more than two years in September, recovering from a fall in the previous month, as better optimism prompted companies to look forward to a 'golden autumn', results of a key survey showed Monday.
The Bank of Japan is set to continue the pace of increase in its government bond purchases more or less at at the current pace, Governor Haruhiko Kuroda said Monday. Nonetheless, it is anticipated that the pace may fluctuate to some extent, either upward or downward, in order to achieve yield curve control, he told business leaders in Osaka.
Business confidence data from Germany is due on Monday, headlining a light day for the European economic news.
New Zealand posted a merchandise trade deficit of NZ$1.265 billion in August, Statistics New Zealand said on Monday - representing 37 percent of exports.
The headline figure missed forecasts for a shortfall of NZ$735 million following the NZ$433 million deficit in July.
Exports were worth NZ$3.39...
The dollar is turning in a mixed performance Friday afternoon, on a light data session. The buck is down against the Euro, but is gaining ground against the British pound and the Japanese Yen.
There was no U.S. economic data to drive the direction of trade at the end of the trading week. However,...
Eurozone private sector grew at the slowest pace in 20 months in September as services activity expanded the least since the end of 2014, while manufacturing gained strength. The flash composite output index slid to 52.6 in September from 52.9 in August, data from Markit showed Friday.