UK Retail Sales Rise For Fourth Straight Month
UK retail sales grew for the fourth straight month in August surpassing the pre-pandemic level, data from the Office for…
European Economics Preview: UK Retail Sales Data Due
Retail sales data from the UK is due on Friday, headlining a light day for the European economic news. At…
Jin: Daily Currency Analysis (18 September 2020)
USD Overview Yesterday, USD weakened against all the major currencies. The U.S. Preliminary UoM Consumer Sentiment data (Forecast: 75.0, Previous:…
Dollar Retreats After Initial Rebound, Loses Ground Against Peers
The U.S. dollar turned weak against most major currencies on Thursday after appearing to gain in strength, weighed down by…
Federal Reserve Board releases hypothetical scenarios for second round of bank stress tests
Federal Reserve Board releases hypothetical scenarios for second round of bank stress tests For more info about this post: View…
Climate change is fueling wildfires in the West, ravaging local economies
Wildfires, driven by climate change, are raging across the Western United States crushing local economies. It’s a wakeup call for…
Instant Reaction: Mortgage Rates, September 17, 2020
Mortgage rates have stabilized near record lows but rates could fall even further this year. The 30-year fixed-rate mortgage inched…
Pace of recovery begins to slow
The pace of economic recovery has slowed in the last month, but that is arguably still an impressive result given…
Bank Of England Raises Negative Rate Expectations
The Bank of England retained its interest rate at a record low on Thursday, but policymakers started to assess how…
Philly Fed Index Drops For Third Straight Month But Still Indicates Growth
Growth in Philadelphia-area manufacturing activity slowed modestly in the month of September, according to a report released by the Federal…