German Economic Confidence Strengthens On Recovery Hopes
Germany's economic confidence strengthened more-than-expected to hit the highest in more than two years in April as investors anticipate the economy to pick up over the coming months amid the global r... Full Article
UK Unemployment Rate Rises; Wage Growth Slows
The increase in the UK unemployment rate and the marginal slowdown in wage growth in the three months to February suggest an easing of pressure in the labor market. The ILO jobless rate rose to 4.2 p... Full Article
U.S. Housing Starts Pull Back Sharply In March, Extending Recent Volatility
After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much... Full Article
U.S. Industrial Production Climbs 0.4% In March, In Line With Estimates
A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March. The Fed said industrial production climb... Full Article
IMF Says Global Recovery Steady But Slow
The International Monetary Fund said on Tuesday that a resilient global economy is set for steady growth in the next two years as inflation returns to target gradually, but the growth will be uneven a... Full Article
Powell Says It's Likely To Take Longer To Achieve Confidence Inflation Is Slowing
Citing a "lack of progress" toward reaching the central bank's inflation goal, Federal Reserve Chair Jerome Powell suggested on Tuesday that interest rates are likely to remain higher for longer. Pow... Full Article
European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment and average earning... Full Article
China GDP Growth Tops Expectations In Q1
China's economy posted a stronger-than-expected growth in the first quarter as strong exports on the back of weaker currency helped to counteract the downturn in the property market. Gross domestic ... Full Article
Eurozone Industrial Production Recovers In February
Eurozone industrial production recovered in February driven by the rebound in capital and durable consumer goods output, official data revealed on Monday. Industrial production grew 0.8 percent on a ... Full Article
U.S. Retail Sales Climb 0.7% In March, Much More Than Expected
The Commerce Department released a report on Monday showing U.S. retail sales increased by much more than expected in the month of March. The report said retail sales climbed by 0.7 percent in March ... Full Article
New York Manufacturing Index Climbs But Still Indicates Contraction In April
A report released by the Federal Reserve Bank of New York on Monday showed regional manufacturing activity has contracted at a slower rate in the month of April. The New York Fed said its general bus... Full Article
U.S. Homebuilder Confidence Remains Unchanged In April
Homebuilder confidence in the U.S. came in flat in the month of April, the National Association of Home Builders revealed in a report released on Monday. The report said the NAHB/Wells Fargo Housing ... Full Article
U.S. Business Inventories Rise Slightly More Than Expected In February
Business inventories in the U.S. increased by slightly more than expected in the month of February, according to a report released by the Commerce Department on Monday. The Commerce Department said b... Full Article
European Economic News Preview: Eurozone Industrial Output Data Due
Industrial production from the euro area is due on Monday, headlining a very light day for the European economic news. At 2.00 am ET, Statistics Norway releases foreign trade data for March. The sur... Full Article
China Keeps Medium-Term Lending Facility Rate Unchanged
China left its medium-term lending facility rate unchanged on Monday as the central bank focus more on diverting risks to the weakening yuan. The People's Bank of China conducted CNY 100 billion of o... Full Article
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