tag US economic data

Atlanta Fed raises U.S. first-quarter GDP growth view to 2.4 percent

EghtesadOnline: The U.S. economy is on track to grow at a 2.4 percent annualized pace in the first quarter following the latest data on domestic housing starts, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday.
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Publish Date:16/February/2017 | 21:21

Dollar revived by U.S. data tonic, North Korea respite

EghtesadOnline: The dollar hoarded hefty gains on Wednesday after strong U.S. retail data put a Federal Reserve rate hike back on the agenda, while Asia stocks inched ahead as tensions in the Korean peninsula simmered down a little.
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Publish Date:16/August/2017 | 05:46

Dollar steadies after data-driven rally, focus turns to RBA

EghtesadOnline: The dollar steadied on Tuesday after rallying on upbeat U.S. data that boosted Treasury yields to seven-week highs, while the focus turned to the Reserve Bank of Australia's policy decision to see if it would join a growing list of central banks adopting a hawkish tilt.
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Publish Date:04/July/2017 | 05:15

Dollar firm before Fed's Dudley, euro and pound hold steady

EghtesadOnline: The dollar steadied against a basket of currencies on Monday after slipping on soft U.S. economic data, with investors awaiting comments by a top Federal Reserve official for clues on whether recent strength can be sustained.
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Publish Date:19/June/2017 | 04:39
Bloomberg's Economic Surprise Index has now retreated below zero for the first time this year

Temperature of U.S. Economy Running Cooler Than Forecast

EghtesadOnline: While President Donald Trump is looking for some "very good numbers" on U.S. growth shortly, the economic data of late have fallen short of economists' forecasts.
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Publish Date:15/June/2017 | 21:53

U.S. Stocks Edge Higher, Dollar Gains as Oil Dips

EghtesadOnline: U.S. stocks limped into the weekend on a sluggish final day of trading, while the dollar fluctuated with oil as investors assessed data showing the U.S. economy on firm footing.
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Publish Date:27/May/2017 | 04:08

The U.S. Economy Is Back on Track

EghtesadOnline: The U.S. economy is back on track for steady growth, though not much more. Data released Friday showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
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Publish Date:13/May/2017 | 03:57

Stocks, dollar under pressure after soft U.S. data

EghtesadOnline: Shares and the U.S. dollar dipped on Monday while U.S. bond yields slumped to five-month lows after soft U.S. economic data hurt investor sentiment already frayed by worries over North Korea and coming French elections.
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Publish Date:17/April/2017 | 05:23

Dollar starts week on back foot, keeps above 4-month lows

EghtesadOnline: The dollar started the week on the back foot on Monday as some lackluster U.S. data and comments from Federal Reserve officials gave investors few catalysts to build on their U.S. currency exposure.
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Publish Date:03/April/2017 | 04:57

Oil prices hold steady for third day; eyes on economic data

EghtesadOnline: Oil prices were little changed for a third session on Tuesday, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and non-OPEC members.
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Publish Date:07/March/2017 | 05:42

Dollar Falls, Treasuries Gain Amid Economic Data

EghtesadOnline: The dollar slipped and Treasuries edged higher amid data showing tepid business investment in the U.S. even as consumers stepped up spending in the fourth quarter. American stock futures were little changed before Donald Trump’s policy speech.
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Publish Date:28/February/2017 | 14:09

Dollar subdued after U.S. wage growth disappoints

EghtesadOnline: The dollar started the week on the back foot on Monday, after U.S. data showed a smaller-than-expected rise in wages in January that reinforced expectations the Federal Reserve will refrain from raising interest rates next month.
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Publish Date:06/February/2017 | 06:27

Investors all ears as Trump set to break silence

EghtesadOnline: U.S. and Chinese data and an expected news conference by U.S. President-elect Donald Trump in the coming week may shed some light on the state of the world's two biggest economies - and the outlook for relations between them.
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Publish Date:09/January/2017 | 24:29

Strong dollar lifts Japan shares, crimps commodities

EghtesadOnline: The U.S. dollar crept nearer to 14-year peaks on Wednesday as an abundance of upbeat global economic data boosted Wall Street and signs of quickening inflation dented fixed-income debt.
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Publish Date:04/January/2017 | 05:13

U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb

EghtesadOnline: U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and Treasuries erased losses as a slide in the price of crude sparked demand for haven assets.
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Publish Date:04/January/2017 | 04:51

Dollar edges higher against yen on strong U.S. indicators

EghtesadOnline: The dollar inched up against the yen on Wednesday after upbeat U.S. economic data reinforced expectations for economic growth under Donald Trump's Administration and more rate hikes by U.S. Federal Reserve next year.
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Publish Date:28/December/2016 | 05:13