The dollar struggled in early trade Tuesday, but jumped following the release of the stronger than expected consumer confidence report. The U.S. currency is now rising against all of its major rivals this afternoon.
Consumer confidence in the U.S. unexpectedly improved in the month of March, according...
Consumer confidence in the U.S. unexpectedly improved in the month of March, according to a report released by the Conference Board on Tuesday.
The Conference Board said its consumer confidence index jumped to 125.6 in March from a revised 116.1 in February.
The increase surprised economists, who...
South Korea's gross domestic product expanded a seasonally adjusted annualized 0.5 percent on quarter in the fourth quarter of 2016, the Bank of Korea said in Tuesday's revised reading.
That was moved up from 0.4 percent in January's preliminary reading and was unchanged from the three months prior.
The dollar got off to a weak start Monday, after investors reacted negatively to the decision by Republican leaders to withdraw Trump's healthcare bill intended to repeal and replace Obamacare late Friday. The failure of the Trumpcare bill sparked concerns about the ability of the Trump administration...
German business sentiment strengthened to a 68-month high in March as economic impetus pushed up companies' assessment of the current assessment and outlook.
The business confidence index rose to 112.3 in March from a revised 111.1 in February, survey data from the Munich-based Ifo institute revealed Monday.
Business confidence data from Germany is due on Monday, headlining a light day for the European economic news.
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.