Economic activity in the U.S. grew by more than previously estimated in the fourth quarter of 2017, according to a report released by the Commerce Department on Wednesday. more...
Trading the News: U.S. Gross Domestic Product (GDP) Updates to the 4Q U.S. Gross Domestic Product (GDP) report may heighten the appeal of the greenback as the fresh revision is expected to show the economy growing an annualized 2.7% versus an initial forecast of 2.5%. Signs of stronger-than-expected activity may encourage the Federal Open Market Committee (FOMC) to deliver one rate-hike at every quarterly meeting, and Chairman Jerome ...
Consumer confidence in the U.S. unexpectedly deteriorated in the month of March, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index dipped to 127.7 in March from a downwardly revised 130.0 in February. more...
New Zealand posted a merchandise trade surplus of NZ$217 million in February, Statistics New Zealand said on Monday - representing 4.9 percent of exports. more...
Ibovespa, the benchmark stock market index in Brazil, closed higher for the second straight session (+0.97%) Wednesday at 84,976.59 points, after the Federal Reserve signaled that it expects two more interest rate hikes this year in the U.S. - a dovish view, according to investors. more...