US: Consumer confidence deteriorates in June, USD edges lower
Tuesday, 25 June 2019 21:20 WIB |
ECONOMY |Ekonomi AS
The monthly Consumer Confidence Survey published by the Conference Board today revealed that the consumer confidence weakened in June with the headline Confidence Index dropping to 121.5 in June from 131.3 in May.
Other data from the U.S. revealed that new home sales in May contracted by 7.8% to fall short of the market expectation for an increase of 1.9%.
With the initial reaction, the US Dollar Index edged lower and was last seen down 0.04% on the day at 95.96. Nevertheless, technically oversold conditions don't seem to be allowing the index to push lower.
Source : FXstreet
Thursday, 9 July 2020 19:43 WIB
Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases.
Initial jobless claims in regular state programs fell by 99,000 to 1.3...
Monday, 6 July 2020 21:14 WIB
A gauge of U.S. service industries jumped to a four-month high in June and showed the resumption of growth as the economy reopened more broadly from pandemic-induced lockdowns.
The Institute for Supply Management said Monday that its non-manufacturing index soared a record 11.7 points to ...
Friday, 3 July 2020 15:57 WIB
The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the earlier 'flash' figure of 47.0 in June.
The data did little to influence the British pound or provi...
Thursday, 2 July 2020 19:50 WIB
Nonfarm Payrolls (NFP) in the US increased by 4,800,000 in June, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed May's increase of 2,699,000 (revised from 2,509,000) and came in better than the market expectation of 3,000,000.
Further details of the...
Wednesday, 1 July 2020 19:33 WIB
Employment in the US' private sector rose by 2,369,000 in June, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday.
This reading followed May's decline of 3,065,000 (revised from -2,760,000) and came in worse than the market expectation for an ...