The dollar is down against all of its major rivals Friday afternoon. The buck was little changed this morning, but turned decidedly lower after the October consumer sentiment report showed an unexpected downward revision.
Reflecting concerns about the prospects for the national economy, the University...
Reflecting concerns about the prospects for the national economy, the University of Michigan released a report on Friday showing that U.S. consumer sentiment deteriorated by more than previously estimated in the month of October.
Economic activity in the U.S. increased by more than expected in the third quarter, according to a report released by the Commerce Department on Friday. The Commerce Department said real gross domestic product climbed by 2.9 percent in the third quarter after rising by 1.4 percent in the second quarter. Economists had expected 2.5 percent growth.
Eurozone economic confidence rose more-than-expected in October to its highest level thus far this year, as the region weathered the uncertainty from the 'Brexit' vote. The economic sentiment index improved to 106.3 from 104.9 in September, survey data from the European Commission showed Friday. This was the highest level since December 2015, when the reading was 106.6. The expected score was 104
Economic confidence from euro area and quarterly national accounts from France and Spain are due on Friday, headlining a hectic day for the European economic news.
Final demand producer prices in Australia advanced 0.3 percent on quarter in the third quarter of 2015, the Australian Bureau of Statistics said on Friday - following the 0.1 percent gain in Q2.
The gains were mainly due to rises in the prices received for other agriculture which includes bananas,...
Nationwide overall consumer prices in fell 0.5 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday - in line with expectations and unchanged from the August reading.
Core CPI, which excludes the volatile prices of food, also was down an annual 0.5 percent....
The dollar got off to a weak start against its major European rivals Thursday morning, but has since managed to turn positive against all of its major rivals. Economic data was mixed this morning, but traders appear to be looking forward to the release of the GDP report on Friday.
Investors are also...
Pending home sales in the U.S. saw a significant rebound in the month of September, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index jumped by 1.5 percent to 110.0 in September after tumbling by 2.5 percent to a revised 108.4 in August.
New orders for U.S. manufactured durable goods unexpectedly edged lower in the month of September, the Commerce Department revealed in a report released on Thursday. The Commerce Department said durable goods orders dipped by 0.1 percent in September after rising by a revised 0.3 percent in August.
After reporting a bigger than expected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing a modest pullback in initial jobless claims in the week ended October 22nd.
The U.K. economy expanded more-than expected in the third quarter as robust growth in services offset the contractions in other sectors, adding strength to the view that the impact of the 'Brexit' vote was less severe than thought earlier. Gross domestic product climbed 0.5 percent sequentially in third quarter, preliminary data from the Office for National Statistics revealed Thursday.
Quarterly national accounts from the U.K. and monetary policy announcement from Riksbank are due on Thursday, headlining a busy day for the European economic news.
New Zealand posted a merchandise trade deficit of NZ$1.436 billion in September, Statistics New Zealand said on Thursday - representing 41 percent of exports.
That missed forecasts for a shortfall of NZ$1.123 billion following the NZ$1.265 billion deficit in August.
Exports came in at NZ$3.47 billion,...
The dollar is currently turning in a mixed performance against its major rivals Wednesday afternoon, but is little changed overall. The buck is down against both the Euro and the pound sterling, but has pared some of its early losses. The dollar has also overcome some early weakness against the Japanese...