U.S. Stocks Move Sharply Higher, Snapping Three-Week Losing Streak

2 days ago

Stocks moved sharply higher during trading on Friday, extending the strong upward move seen going into the close of trading on Thursday. The major averages all showed substantial upward moves over the course of the session. Read Full Story

U.S. Consumer Sentiment Slumps Slightly More Than Initially Estimated In June

2 days ago

Consumer sentiment in the U.S. tumbled by slightly more than initially estimated in the month of June, revised data from the University of Michigan revealed on Friday. The report showed the consumer sentiment index for June was downwardly revised to ...

U.S. New Home Sales Unexpectedly Show Significant Rebound In May

2 days ago

New home sales in the U.S. unexpectedly showed a significant rebound in the month of May, according to a report released by the Commerce Department on Friday. The report showed new home sales surged 10.7 percent to an annual rate ...

German Ifo Business Sentiment Deteriorates In June

2 days ago

Germany’s business sentiment worsened more than expected in June as the war in Ukraine, high inflation and supply chain disruptions triggered fears of recession, survey results from the ifo Institute showed on Friday. After rising for two months, the business ...

UK Retail Sales Fall As Britons Reduce Spending On Food

2 days ago

UK retail sales declined in May as high cost of living pulled consumer sentiment to a record low and weighed on households’ spending in food stores, data showed on Friday. Retail sales volume dropped 0.5 percent month-on-month in May, reversing ...

Norway Central Bank Hikes Policy Rate By 50 Bps

3 days ago

The Norwegian central bank joined several of its peers in delivering a bigger than expected 50 basis point hike on Thursday amid the woes of high inflationary pressures and policymakers hinted that there will be another rate hike in August. ...

UK Private Sector Logs Steady Growth In June

3 days ago

The UK private sector logged a better-than-expected growth in June but that was unchanged from the 15-month low seen in May, flash survey results from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply flash composite output ...

U.S. Weekly Jobless Claims Edge Slightly Lower To 229,000

3 days ago

First-time claims for U.S. unemployment benefits edged slightly lower in the week ended June 18th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims dipped to 229,000, a decrease of 2,000 from ...

Amended: Eurozone Private Sector Growth At 16-Month Low

3 days ago

The euro area private sector expanded at the slowest pace in more than a year in June as the manufacturing output contracted for the first time in two years and growth in the service sector eased sharply, preliminary data from ...

Philippine Central Bank Raises Rates By 25 Bps

3 days ago

The Philippine central bank hiked its key interest rates again by 25 basis points, as widely expected, and signaled further tightening as inflation is set to remain above the target in the near-term. The Monetary Board the Bangko Sentral Ng ...

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U.S. Stocks Move Sharply Higher, Snapping Three-Week Losing Streak

U.S. Consumer Sentiment Slumps Slightly More Than Initially Estimated In June

U.S. New Home Sales Unexpectedly Show Significant Rebound In May

German Ifo Business Sentiment Deteriorates In June

UK Retail Sales Fall As Britons Reduce Spending On Food

Norway Central Bank Hikes Policy Rate By 50 Bps

UK Private Sector Logs Steady Growth In June

U.S. Weekly Jobless Claims Edge Slightly Lower To 229,000

Amended: Eurozone Private Sector Growth At 16-Month Low

Philippine Central Bank Raises Rates By 25 Bps