European Central Bank President Mario Draghi said on Wednesday that the bank's monetary policy stance remained accommodative in the face of weaker growth outlook for the euro area. more...
Trading the News: U.S. Consumer Price Index (CPI) The U.S. Consumer Price Index (CPI) may undermine the recent rebound in EUR/USD as the headline reading is expected to hold steady at 1.6% in February. What's more is that the core rate of inflation is projected to print 2.2% for the fourth consecutive month, and signs of sticky price growth may spark a bullish reaction in the U.S. dollar as it put pressure on the Federal ...
New home sales in the U.S. unexpectedly showed a notable increase in the month of December, according to a report released by the Commerce Department on Tuesday. The report said new home sales jumped by 3.7 percent to an annual rate of 621,000. more...
Eurozone's services sector grew at the fastest pace in three months in February, amid a broad recovery in activity across the member countries due to improved demand and employment gains, while retail sales rebounded at the start of the year driven by a jump in sales over the internet and mail orders. more...
With an increase in inventories of durable goods partly offset by a drop in inventories of non-durable goods, the Commerce Department released a report on Friday showing wholesale inventories in the U.S. rose by less than expected in the month of November. more...
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