The U.S. Census Bureau and the Department of Housing and Urban Development reported on Wednesday morning that sales of new homes in October slipped to a seasonally adjusted annual rate of 563,000, a decrease of 1.9% below the revised September rate of 574,000 and an increase of 17.8% compared with the October 2015 rate of 478,000.…
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The U.S. Census Bureau and the Department of Housing and Urban Development reported on Wednesday morning that sales of new homes in October slipped to a seasonally adjusted annual rate of 563,000, a decrease of 1.9% below the revised September rate of 574,000 and an increase of 17.8% compared with the October 2015 rate of 478,000.…
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UK industrial production surprisingly dropped in September, according to official figures, but manufacturing output was unexpectedly stronger.
The figures confirmed that British industry overall dragged on otherwise robust economic growth in the third quarter. By contrast, consumers have shown no sign of curbing their spending after June’s vote to leave the European Union.…
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UK industrial production surprisingly dropped in September, according to official figures, but manufacturing output was unexpectedly stronger.
The figures confirmed that British industry overall dragged on otherwise robust economic growth in the third quarter. By contrast, consumers have shown no sign of curbing their spending after June’s vote to leave the European Union.…
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There was a 2.4% decline in the number of contracts signed by home-buyers for the month of August, this is worse than the unchanged reading analysts had earlier forecasted in a survey conducted by Thomson Reuters. This is also the third time in 4 months that a slowing has been reported for the release, pulling the Pending Home Sales Index lower to 108.5, the least reading since the month of January where it was seen at 105.4.…
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There was a 2.4% decline in the number of contracts signed by home-buyers for the month of August, this is worse than the unchanged reading analysts had earlier forecasted in a survey conducted by Thomson Reuters. This is also the third time in 4 months that a slowing has been reported for the release, pulling the Pending Home Sales Index lower to 108.5, the least reading since the month of January where it was seen at 105.4.…
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The US Leading Economic Indicators (LEI), released by the Conference Board, dropped by 0.2% in the month of August and was less than the analysts’ forecasts of an unchanged reading. The slump came on the trail of an upwardly revised 0.5% rise seen in the month of July, which was originally at 0.4% and a 0.2% rise in the month of June.…
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The US Leading Economic Indicators (LEI), released by the Conference Board, dropped by 0.2% in the month of August and was less than the analysts’ forecasts of an unchanged reading. The slump came on the trail of an upwardly revised 0.5% rise seen in the month of July, which was originally at 0.4% and a 0.2% rise in the month of June.…
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Crude oil is getting hammered after the latest inventory data from the Department of Energy showed a larger than expected build in crude oil stocks. West Texas Intermediate crude oil is lower by 3.7% almost at $44.60 per barrel, and is trading at its lowest level since August 15.…
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Crude oil is getting hammered after the latest inventory data from the Department of Energy showed a larger than expected build in crude oil stocks. West Texas Intermediate crude oil is lower by 3.7% almost at $44.60 per barrel, and is trading at its lowest level since August 15.…
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Gold futures today slumped to a 2-year low on the trail of comments made by a senior member of the Federal Reserve, the Fed Vice Chairman Stanley Fischer. Spot gold prices orbited around $1,333.40 an ounce in most of today’s trading session after the Fed Vice Chairman spoke to a conference in Aspen, Colorado on Sunday, where he stated that an interest rates hike this year was still much in the picture and that there would be a major upswing in the US economic growth.…
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Gold futures today slumped to a 2-year low on the trail of comments made by a senior member of the Federal Reserve, the Fed Vice Chairman Stanley Fischer. Spot gold prices orbited around $1,333.40 an ounce in most of today’s trading session after the Fed Vice Chairman spoke to a conference in Aspen, Colorado on Sunday, where he stated that an interest rates hike this year was still much in the picture and that there would be a major upswing in the US economic growth.…
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