• Wed, May 25, 2022 20:37 - Dollar Gains Against Rivals As Traders Digest Fed Minutes

    The U.S. dollar climbed higher in the European session on Wednesday, and stayed firm with most of its gains intact till the release of the minutes from the Federal Reserve's latest policy meeting.

    Source: RTT News

  • Wed, May 25, 2022 18:31 - Fed Minutes Hint At More 50 Basis Point Interest Rate Hikes

    With inflation remaining stubbornly elevated, the minutes of the Federal Reserve's latest monetary policy meeting showed the central bank intends to move "expeditiously" to a more neutral monetary policy stance. The minutes revealed the Fed plans to use both interest rate increases and reductions in the size of its balance sheet to achieve a neutral posture.

    Source: RTT News

  • Wed, May 25, 2022 13:08 - U.S. Durable Goods Orders Climb 0.4% In April, Less Than Expected

    A report released by the Commerce Department on Wednesday showed new orders for U.S. manufactured durable goods increased by less than expected in the month of April. The Commerce Department said durable goods orders rose by 0.4 percent in April after climbing by a downwardly revised 0.6 percent in March.

    Source: RTT News

  • Wed, May 25, 2022 13:03 - German Economy Logs Modest Growth As Estimated In Q1

    Germany's economy logged a modest growth in the first quarter as the expansion in investment was partially offset by the contraction in exports and household spending, detailed data from Destatis showed on Wednesday. Gross domestic product grew 0.2 percent sequentially in the first quarter, in contrast to the 0.3 percent decline seen a quarter ago.

    Source: RTT News

  • Wed, May 25, 2022 12:35 - United States Durable Goods Orders Ex Transportation

    Durable Goods Orders Ex Transportation in the United States decreased to 0.30 percent in April from 1.20 percent in March of 2022. Durable Goods Orders Ex Transportation in the United States averaged 0.25 percent from 1992 until 2022, reaching an all time high of 7.50 percent in March of 2004 and a record low of -7.40 percent in April of 2020. Durable Goods Orders Excluding Transportation refer to new orders placed with manufacturers for delivery of hard goods in the future excluding transportation orders.

    Source: Trade Economics US

  • Wed, May 25, 2022 12:32 - United States Durable Goods Orders Ex Defense

    Durable Goods Orders Ex Defense in the United States decreased to 0.30 percent in April from 1.20 percent in March of 2022. Durable Goods Orders Ex Defense in the United States averaged 0.35 percent from 1992 until 2022, reaching an all time high of 25.50 percent in July of 2014 and a record low of -19.70 percent in August of 2014. Durable Goods Orders Excluding Defense refer to new orders placed with manufacturers for delivery of hard goods in the future excluding defense orders.

    Source: Trade Economics US

  • Wed, May 25, 2022 12:30 - United States Non Defense Capital Goods Orders Ex Aircraft

    Non Defense Capital Goods Orders Ex Aircraft in the United States decreased to 0.30 percent in April from 1.10 percent in March of 2022. Non Defense Capital Goods Orders Ex Aircraft in the United States averaged 0.30 percent from 1992 until 2022, reaching an all time high of 8.80 percent in March of 2000 and a record low of -10.90 percent in January of 2009. This page includes a chart with historical data for the United States Non Defense Capital Goods Orders Ex Aircraft.

    Source: Trade Economics US

  • Wed, May 25, 2022 12:30 - United States Durable Goods Orders

    Durable Goods Orders in the United States increased 0.40 percent in April of 2022 over the previous month. Durable Goods Orders in the United States averaged 0.36 percent from 1992 until 2022, reaching an all time high of 23.50 percent in July of 2014 and a record low of -19 percent in August of 2014. Durable Goods Orders refer to new orders placed with manufacturers for delivery of hard goods which meant to last at least three years.

    Source: Trade Economics US

  • Wed, May 25, 2022 09:58 - United Kingdom Central Bank Balance Sheet

    Central Bank Balance Sheet in the United Kingdom increased to 1087271 GBP Million in May 18 from 1086996 GBP Million in the previous week. Central Bank Balance Sheet in the United Kingdom averaged 295767.10 GBP Million from 2006 until 2022, reaching an all time high of 1119387 GBP Million in December of 2021 and a record low of 76991 GBP Million in February of 2007. United Kingdom Central Bank Balance Sheet

    Source: Trade Economics UK

  • Wed, May 25, 2022 07:17 - German Consumer Confidence Set To Improve Slightly: GfK

    Germany's consumer confidence is set to improve marginally in June, though it remained at a historical low as high inflation and the war in Ukraine weighed heavily on consumer sentiment, survey results from the market research group GfK showed on Wednesday. The forward-looking consumer sentiment index rose to -26.0 in June from a revised -26.6 in May. The expected score was -26.0.

    Source: RTT News

  • Wed, May 25, 2022 05:34 - European Economics Preview: Germany Revised GDP Data Due

    Revised quarterly national accounts and consumer confidence survey results from Germany are the major economic reports due on Wednesday. At 2.00 am ET, Destatis releases Germany's revised GDP data for the first quarter. The statistical office is expected to confirm 0.2 percent sequential growth.

    Source: RTT News

  • Wed, May 25, 2022 05:31 - New Zealand Central Bank Signals More Tightening

    New Zealand's central bank raised its key interest rate by 50 basis points on Wednesday to curb the risk of inflation becoming persistent. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to lift the Official Cash Rate to 2.0 percent from 1.50 percent.

    Source: RTT News

  • Wed, May 25, 2022 05:31 - New Zealand Central Bank Hikes Key Rate By 50 Bps

    New Zealand's central bank raised its key interest rate by 50 basis points on Wednesday to curb the risk of inflation becoming persistent. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to lift the Official Cash Rate to 2.0 percent from 1.50 percent.

    Source: RTT News

  • Tue, May 24, 2022 20:26 - U.S. Dollar Drops To Lowest Levels In A Month

    The value of the U.S. dollar has moved to the downside over the course of trading on Tuesday, extending a recent downward trend.

    Source: RTT News

  • Tue, May 24, 2022 15:29 - United Kingdom Tax Revenue

    Tax Revenue in the United Kingdom decreased to 53674 GBP Million in February from 74893 GBP Million in January of 2022. Tax Revenue in the United Kingdom averaged 33974.47 GBP Million from 1997 until 2022, reaching an all time high of 74893 GBP Million in January of 2022 and a record low of 16022 GBP Million in June of 1997. This page includes a chart with historical data for the United Kingdom Tax Revenue.

    Source: Trade Economics UK

  • Tue, May 24, 2022 15:25 - United Kingdom Central Government Expenditure

    Fiscal Expenditure in the United Kingdom decreased to 81609 GBP Million in February from 86200 GBP Million in January of 2022. Fiscal Expenditure in the United Kingdom averaged 50996.84 GBP Million from 1997 until 2022, reaching an all time high of 109449 GBP Million in April of 2020 and a record low of 20251 GBP Million in May of 2000. In the United Kingdom, Central Government Expenditure covers all current and capital spending carried out by the public sector, including depreciation. This is equal to public sector current expenditure (such as the cost of central government's provision of services and grants, payment of social benefits and the payment of the interest on its outstanding debt), plus public sector net investment, plus deprecation. This page includes a chart with historical data for the United Kingdom Central Government Expenditure.

    Source: Trade Economics UK

  • Tue, May 24, 2022 14:56 - United Kingdom Government Budget

    The United Kingdom recorded a Government Budget deficit equal to 15 percent of the country's Gross Domestic Product in 2020. Government Budget in the United Kingdom averaged -2.67 percent of GDP from 1948 until 2020, reaching an all time high of 4.80 percent of GDP in 1949 and a record low of -15 percent of GDP in 2020. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. United Kingdom Government Budget

    Source: Trade Economics UK

  • Tue, May 24, 2022 14:51 - U.S. New Home Sales Plunge To Two-Year Low In April

    Extending the sharp pullback seen over the past several months, new home sales in the U.S. saw a substantial decrease in the month of April, the Commerce Department revealed in a report on Tuesday. The report showed new home sales plunged by 16.6 percent to an annual rate of 591,000 in April after tumbling by 10.5 percent to a revised rate of 709,000 in March.

    Source: RTT News

  • Tue, May 24, 2022 14:04 - United States New Home Sales

    New Home Sales in the United States decreased to 591 Thousand units in April from 709 Thousand units in March of 2022. New Home Sales in the United States averaged 656.27 Thousand units from 1963 until 2022, reaching an all time high of 1389 Thousand units in July of 2005 and a record low of 270 Thousand units in February of 2011. A sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit. The house can be in any stage of construction: not yet started, under construction, or already completed. New home sales account for about 10 percent of the US housing market. New single-family home sales are extremely volatile month-to-month and preliminary figures are subject to large revisions because they are mostly drawn from building permits data.

    Source: Trade Economics US

  • Tue, May 24, 2022 14:00 - United States New Home Sales MoM

    New Home Sales MoM in the United States decreased to -16.60 percent in April from -10.50 percent in March of 2022. New Home Sales MoM in the United States averaged 0.29 percent from 1963 until 2022, reaching an all time high of 31.20 percent in April of 1963 and a record low of -33.60 percent in May of 2010. A sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit. The house can be in any stage of construction: not yet started, under construction, or already completed. New home sales account for about 10 percent of the US housing market. New single-family home sales are extremely volatile month-to-month and preliminary figures are subject to large revisions because they are mostly drawn from building permits data. This page includes a chart with historical data for the United States New Home Sales MoM.

    Source: Trade Economics US

  • Tue, May 24, 2022 13:59 - United States Richmond Fed Manufacturing Index

    Richmond Fed Manufacturing Index in the United States decreased to -9 points in May from 14 points in April of 2022. Richmond Fed Manufacturing Index in the United States averaged 3.22 points from 1993 until 2022, reaching an all time high of 28 points in March of 2004 and a record low of -45 points in April of 2020. The Richmond Manufacturing Index measures the conditions of the manufacturing sector for the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. The index is derived from a survey of 190 manufacturing plants and based on three individual index with the following weights: Shipments (33 percent), New Orders (40 percent) and Employment (27 percent). The index can range between +100 and -100; a reading above zero indicates expansion, while below zero suggests a contraction. United States Richmond Fed Manufacturing Index

    Source: Trade Economics US

  • Tue, May 24, 2022 13:59 - United States Richmond Fed Services Index

    Richmond Fed Services Index in the United States decreased to 8 points in May from 13 points in April of 2022. Richmond Fed Services Index in the United States averaged 7.19 points from 1993 until 2022, reaching an all time high of 34 points in May of 2021 and a record low of -76 points in April of 2020. The data come from the Fifth District Survey of Service Sector Activity. Respondents to the survey are firms located within the Fifth Federal Reserve District which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. Respondents indicate whether measures of activity rose, were unchanged, or decreased since the last survey. The responses are converted into diffusion indexes by subtracting the percentage of reported decreases from the percentage of increases. This page includes a chart with historical data for the United States Richmond Fed Services Index.

    Source: Trade Economics US

  • Tue, May 24, 2022 13:59 - United States Richmond Fed Manufacturing Shipments Index

    Richmond Fed Manufacturing Shipments in the United States decreased to -14 points in May from 17 points in April of 2022. Richmond Fed Manufacturing Shipments in the United States averaged 4.03 points from 1993 until 2022, reaching an all time high of 37 points in March of 2004 and a record low of -64 points in April of 2020. The Richmond Manufacturing Index measures the conditions of the manufacturing sector for the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. The index is derived from a survey of 190 manufacturing plants and based on three individual index with the following weights: Shipments (33 percent), New Orders (40 percent) and Employment (27 percent). The index can range between +100 and -100; a reading above zero indicates expansion, while below zero suggests a contraction. This page includes a chart with historical data for the United States Richmond Fed Manufacturing Shipments.

    Source: Trade Economics US

  • Tue, May 24, 2022 13:49 - United States Composite PMI

    Composite PMI in the United States decreased to 53.80 points in May from 56 points in April of 2022. Composite PMI in the United States averaged 54.51 points from 2013 until 2022, reaching an all time high of 68.70 points in May of 2021 and a record low of 27 points in April of 2020. In the United States, Markit Composite PMI Output Index tracks business trends across both manufacturing and service sectors (60 percent from the manufacturing sector and 40 percent from the services sector). The index is based on data collected from a representative panel of over 1,000 companies and follows variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity while below 50 points to contraction.

    Source: Trade Economics US

  • Tue, May 24, 2022 13:45 - United States Manufacturing PMI

    Manufacturing PMI in the United States decreased to 57.50 points in May from 59.20 points in April of 2022. Manufacturing PMI in the United States averaged 54.09 points from 2012 until 2022, reaching an all time high of 63.40 points in July of 2021 and a record low of 36.10 points in April of 2020. In the United States, the Markit Manufacturing Purchasing Managers

    Source: Trade Economics US