The dollar pulled back against its major competitors in early trade Friday, but has since reclaimed some of its lost ground. There were a pair of U.S. economic reports released this morning, but the results proved mixed.
After two months of contraction, MNI Indicators released a report on Friday showing...
Consumer sentiment in the U.S. pulled back by more than previously estimated in the month of July, according to a report released by the University of Michigan on Friday. The report said the consumer sentiment index for July was downwardly revised to 93.1 from the mid-month reading of 93.3.
After two months of contraction, MNI Indicators released a report on Friday showing that Chicago-area business activity expanded far more than expected in July. MNI Indicators said its Chicago Business Barometer jumped to 54.7 in July from 49.4 in June.
Eurozone inflation remained stable in July and the unemployment rate held steady at the lowest level seen since early 2012 during June, data from Eurostat showed Friday. Inflation in the currency bloc remained stable at 0.2 percent in July, flash data showed today. Inflation remained in the positive zone for the third straight month and matched economists' expectations.
Inflation and unemployment figures from euro area are due on Friday headlining a busy day for the European economic news.
Final demand producer prices in Australia were up 0.3 percent on quarter in the second quarter of 2015, the Australian Bureau of Statistics said on Friday - following the 0.5 percent increase in Q1.
On a yearly basis, PPI climbed 1.1 percent after gaining 0.7 percent in the three months prior.
Consumer prices in Japan gained 0.4 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday.
That beat expectations for an increase of 0.3 percent, although it slowed from 0.5 percent in May.
On a monthly basis, inflation dipped 0.2 percent.
Industrial production in South Korea was up 2.3 percent on month in June, Statistics Korea said on Friday.
That handily beat expectations for a decline of 0.5 percent following the downwardly revised 1.6 percent contraction in May (originally -1.3 percent).
On a yearly basis, industrial output...
The dollar is gaining ground against all of its major competitors Thursday, after U.S. GDP showed continued improvement. The rise in GDP has investors feeling confident that the U.S. Federal Reserve will stay on track to raise interest rates in September.
Economic activity in the U.S. increased by...
Economic activity in the U.S. increased by less than expected in the second quarter, the Commerce Department revealed in a report on Thursday, although the report also showed a notable upward revision to the data for the first quarter.
First-time claims for U.S. unemployment benefits rebounded in the week ended July 25th, according to a report released by the Labor Department on Thursday, with claims bouncing off the more than forty-year low set in the previous week.
German unemployment increased unexpectedly in July and inflation slowed to a 5-month low on a sharp fall in energy prices, official data showed Thursday. The number of unemployed increased by 9,000 in July after rising 1,000 in June, the Federal Labor Agency said. It was forecast to fall by 5,000.
Eurozone economic confidence rose unexpectedly to a four-year high in July and businesses became more upbeat after the threat of Grexit diminished, survey results from European Commission showed Thursday. The economic sentiment index climbed to 104 in July. A similar reading was last seen in the same month of 2011 and a higher score of 106 was recorded in June that year.
Economic confidence from euro area and unemployment from Germany are due on Thursday, headlining a busy day for the European economic news.
The total number of building approvals issued in Australia in June tumbled a seasonally adjusted 8.2 percent on month in June, the Australian Bureau of Statistics said on Thursday - coming in at 17,868.
That was well shy of forecasts for a decline of 1.0 percent following the downwardly revised 2.3...