The dollar is turning in a mixed performance against its major rivals Wednesday afternoon, but is little changed overall. The lack of U.S. economic data is keeping some investors on the sidelines. Traders were also in a cautious mood ahead of the President's highly anticipated tax reform plan.
While the brightening prospects of the Eurozone economy and the win of a pro-EU candidate in the first round of the French presidential election add strength to the call for tapering of the European Central Bank's massive stimulus, policymakers are likely to assess this Thursday that it is too early to trigger such speculation as uncertainties linger around both the economic and political outlook.
Consumer sentiment survey data from France is due on Wednesday, headlining a light day for the European economic news.
Consumer prices in Australia gained 0.5 percent on quarter in the first quarter of 2017, the Australian Bureau of Statistics said on Wednesday.
That was unchanged from the previous three months, although it was shy of forecasts for 0.6 percent.
The most significant price rises this quarter are...
The dollar is losing ground against its major European rivals Tuesday afternoon, but is climbing against the Japanese Yen. Investors began to exit safe havens like gold and the Japanese Yen at the start of the trading week, after Emmanuel Macron's victory in the first round of the French presidential...
After reporting notable increases in U.S. consumer confidence over the two previous months, the Conference Board released a report on Tuesday showing that consumer confidence pulled back by more than expected in the month of April.
New home sales in the U.S. saw a substantial increase in the month of March, according to a report released by the Commerce Department on Tuesday. The Commerce Department said new home sales jumped by 5.8 percent to an annual rate of 621,000 in March from a revised 587,000 in February.
The British government limited its budget deficit for the financial year 2016-17 almost within its targets and the figure hit the lowest level seen since the financial crisis. In the financial year ending March 2017, public sector net borrowing decreased by GBP 20 billion to GBP 52.0 billion, data published by the Office for National Statistics showed Tuesday.
Public sector finances data from the UK is due on Tuesday, headlining a light day for the European economic news.
The dollar is down sharply against the Euro Monday afternoon, but is up slightly against both the British pound and the Japanese Yen. The weakness against the Euro was sparked by the results of the French election over the weekend. Investors are exiting safe havens in favor of riskier investments as...
Germany's business confidence improved to a near six-year high in April as companies were more upbeat about their current situation. The business confidence index rose to 112.9 from a revised 112.4 in March, survey data from the Munich-based Ifo institute revealed Monday.
Business confidence survey data from Germany is due on Monday, headlining a light day for the European economic news.
The dollar is turning in a mixed performance Friday afternoon, but is little changed overall. Investors are exercising an abundance of caution ahead of the first round of voting in the French presidential election on Sunday. The race is currently too close to call and the result could have major ramifications...
After reporting a bigger than expected drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Friday showing that existing home sales rebounded to their highest level in ten years in March.
Eurozone private sector grew at the fastest pace in six years in April as firms boosted operating capacity to meet buoyant demand amid widespread optimism about future prospects despite political uncertainties. For the first time since 2012, growth in France surpassed Germany's expansion as output and new order growth softened in the latter.