The dollar is little changed overall in comparison to its major competitors Friday. On what has turned out to be a volatile trading session for equities, currencies have remained stable. U.S. economic data was mixed at the end of the trading week.
While the Labor Department released a report on Friday...
The Conference Board released a report Friday morning showing a continued increase by its index of leading U.S. economic indicators in the month of March, although the index rose by less than economists had expected.
Consumer sentiment in the U.S. has improved by more than expected in the month of April, according to a report released by the University of Michigan on Friday. The report showed that the preliminary reading on the consumer sentiment index for April came in at 95.9.
While the Labor Department released a report on Friday showing another modest increase in U.S. consumer prices in the month of March, prices rose by slightly less than economists had anticipated.
The U.K. unemployment rate fell to the lowest since 2008 and claimant count reached a 40-year low, labor market statistics released ahead of the General Elections showed Friday. The ILO jobless rate eased to 5.6 percent in three months to February from 5.8 percent in September to November, the Office for National Statistics said. The rate was the lowest since 2008 and matched economists' expecta
Unemployment data from the U.K. and consumer prices from Eurozone are due on Friday, headlining a light day for the European economic news.
Non-oil domestic exports in Singapore climbed 18.5 percent on year in March, International Enterprise Singapore said on Friday.
That follows the 9.7 percent contraction in February thanks to an expansion in both electronic and non-electronic NODX, the stats bureau said.
On a seasonally adjusted...
The dollar is extending its recent losses Thursday. However, the decrease is rather modest when you consider today's weaker than expected economic reports. Continuing the recent trend of disappointing data, weekly jobless claims unexpectedly climbed this morning and readings on both housing starts and...
Growth in Philadelphia-area manufacturing activity has seen a modest acceleration in the month of April, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index of current activity rose to 7.5 in April from 5.0 in March.
While the Commerce Department released a report on Thursday showing a rebound in new U.S. residential construction in the month of March, housing starts still came in well below economist estimates for the month.
After reporting a notable rebound in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims unexpectedly saw another increase in the week ended April 11th.
The unemployment rate in Australia came in at a seasonally adjusted 6.1 percent in March, the Australian Bureau of Statistics said on Thursday.
That beat forecasts for 6.3 percent, which would have been unchanged from the February reading.
The Australia economy added 37,700 jobs in March to 11,720,300...
The dollar was up modestly against its major competitors in early trade Wednesday, but has since reversed direction and turned negative for the session. Economic data proved mixed today, with industrial production and the New York manufacturing data coming in weaker than anticipated and the better than...
The European Central Bank's massive asset purchase programme is proceeding smoothly and is having an impact on economic activity, which is expected to gradually strengthen in the months ahead, the bank's chief Mario Draghi said Wednesday. "There is clear evidence that the monetary policy measures we have put in place are effective," he said.
After reporting a notable deterioration in U.S. homebuilder confidence in the previous month, the National Association of Home Builders released a report on Wednesday showing that confidence has rebounded by more than expected in April.