News
- Wednesday, 06 June 2018
- News
New house sales ease back in April 2018
New house sales fell in each of Australia’s five largest states during April. Nationally, sales have fallen each month of this year and in April they fell a further 4.2 per cent. New house sales for the year to date…
- Tuesday, 05 June 2018
- News
Sterling recovered on PMI news
The British pound is benefiting from the stronger than expected service and composite PMI readings, which among other things are serving as a distraction from the government's seemingly tortured approach to Brexit and the sales of part of its stake…
- Monday, 04 June 2018
- News
Australia keep interest rates unchanged, flags upbeat outlook
Australia’s central bank left interest rates at record lows on Tuesday, as expected, and expressed confidence in the economy’s ability to extend its 26-year run without recession, thanks to stronger exports and government spending. The Reserve Bank of Australia (RBA)…
- Friday, 01 June 2018
- News
Strong jobs report doesn’t guarantee four Fed interest rate hikes this year
The May employment report was seen as strong across the board and certainly prompts the Federal Reserve to raise interest rates in 12 days, but it doesn’t settle the larger debate over whether there will be three or four total…
- Thursday, 31 May 2018
- News
U.S. oil prices pare declines after EIA reports a weekly drop in domestic crude supplies
The U.S. Energy Information Administration reported Thursday that crude supplies fell by 4.2 million barrels for the week ended May 25. Analysts surveyed by S&P Global Platts had forecast a decline of 600,000 barrels, while the American Petroleum Institute on…
- Wednesday, 30 May 2018
- News
U.S GDP grew by 2.2% in Q1
Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the first quarter of 2018, according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2017, real GDP increased…
- Tuesday, 29 May 2018
- News
The Conference Board Consumer Confidence Index Increased in May
The Conference Board Consumer Confidence Index® increased in May, following a modest decline in April (after a downward revision). The Index now stands at 128.0 (1985=100), up from 125.6 in April. The Present Situation Index increased from 157.5 to 161.7,…
- Friday, 25 May 2018
- News
Declining Trend in the ifo Business Climate Stopped
The declining trend in the ifo Business Climate has stopped. The index held steady at 102.2 points (The April value was seasonally corrected.), after having fallen five months in succession. The very good current business situation improved slightly, but the…
- Thursday, 24 May 2018
- News
GBP/USD – British Pound Edges Higher as Retail Sales Sparkle
The British pound has posted slight losses in the Thursday session. In North American trade, GBP/USD is trading at 1.3377, up 0.21% on the day. On the release front, British Retail Sales posted a strong gain of 1.6%, crushing the…
- Wednesday, 23 May 2018
- News
Fed indicates it will let inflation run above 2 percent goal for 'temporary period'
The Federal Reserve minutes from its May meeting said "a temporary period of inflation modestly above 2 percent would be consistent with the Committee's symmetric inflation objective." The central bank also pointed to an interest rate hike at the June…- Popular
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UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
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