U.S. Consumer Sentiment Drops More Than Initially Estimated In January

3 hours ago

Consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of January, according to revised data released by the University of Michigan on Friday. The report showed the consumer sentiment index for January was downwardly revised ...

U.S. Personal Income Rises Less Than Expected, Personal Spending Slumps

5 hours ago

A report released by the Commerce Department on Friday showed personal income in the U.S. increased by less than expected in the month of December. The Commerce Department said personal income rose by 0.3 percent in December after climbing by ...

German Economy Contracts More Than Expected In Q4

9 hours ago

The German economy contracted more than expected as new restrictions imposed at the end of the year dampened household spending, data released by Destatis revealed on Friday. Gross domestic product fell 0.7 percent sequentially, reversing the 1.7 percent expansion in ...

France Economic Growth Moderates In Q4

12 hours ago

The French economy logged a moderate growth at the end of 2021 after a strong rebound in the third quarter with the reopening in several sectors of activity, the statistical office Insee said on Friday. Gross domestic product grew by ...

South Korea Industrial Output Spikes 4.3% On Month In December

19 hours ago

Industrial production in South Korea advanced a seasonally adjusted 4.3 percent on month in December, Statistics Korea said on Friday. Read Full Story

Dollar Gains Against Major Counterparts As Traders Bet On Rate Hikes

21 hours ago

The U.S. dollar climbed higher on Thursday, scoring strong gains against most of its major counterparts, amid rising U.S. treasury yields after the Federal Reserve signaled it would start raising interest rates in March. Read Full Story

U.S. Dollar Firms On Faster Rate Hike Prospects Following Powell’s Comments

1 day ago

The U.S. dollar spiked higher against its major trading partners in the European session on Thursday, as short-term U.S. treasury yields rose in reaction to comments from Federal Reserve Chair Jerome Powell, signaling a liftoff in interest rates in March ...

U.S. Pending Home Sales Plunge Much More Than Expected In December

1 day ago

Pending home sales in the U.S. tumbled by much more than expected in the month of December, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index plunged by 3.8 ...

U.S. GDP Spikes 6.9% In Q4 Amid Surge In Inventories

1 day ago

Preliminary data released by the Commerce Department on Thursday showed a sharp increase in U.S. economic activity in the fourth quarter of 2021. The report said real gross domestic product spiked by 6.9 percent in the fourth quarter after jumping ...

U.S. Durable Goods Orders Slump Amid Sharp Pullback In Aircraft Demand

1 day ago

Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of December. Read Full Story

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U.S. Consumer Sentiment Drops More Than Initially Estimated In January

U.S. Personal Income Rises Less Than Expected, Personal Spending Slumps

German Economy Contracts More Than Expected In Q4

France Economic Growth Moderates In Q4

South Korea Industrial Output Spikes 4.3% On Month In December

Dollar Gains Against Major Counterparts As Traders Bet On Rate Hikes

U.S. Dollar Firms On Faster Rate Hike Prospects Following Powell’s Comments

U.S. Pending Home Sales Plunge Much More Than Expected In December

U.S. GDP Spikes 6.9% In Q4 Amid Surge In Inventories

U.S. Durable Goods Orders Slump Amid Sharp Pullback In Aircraft Demand