US economy »

  • H.S. Borji

    US manufacturing activity in February slowed to its lowest level in more than a year, as new orders and overall production expanded at a slower rate. The Institute for Supply Management’s gauge of national service activity declined 0.6 percentage point to 52.9 in February. A median estimate of economists called for a slide to 53.1.

  • H.S. Borji

    The US service economy rebounded in January as business activity and new orders rose at a faster pace, although overall activity remained close to December’s six-month low. The Institute for Supply Management’s gauge of national service activity rose 0.5 percentage point to 56.7 in December. Economists forecast a slight increase to 56.3. The US service

  • H.S. Borji
    Business » US Factory Orders Plunge in December
    H.S. Borji - February 3, 2015, 15:07 GMT

    New orders for US factory goods declined more than forecast in December, as weak energy prices and a volatile international market continued to underlie market trends. US factory orders declined 3.4 percent to $471.5 billion in December, following a downwardly revised drop of 1.7 percent in November, the Commerce Department reported today in Washington. Economists

  • H.S. Borji

    The US service economy rebounded modestly in January after slowing for six consecutive months, although the rate of new business growth was the slowest in more than five years. Markit Group’s preliminary estimate of US service activity rose 0.7 percentage points to 54.0 in January. A median estimate of economists called for an increase to

  • Fx Pro UUIIFXBR
    Analysis and Opinion » Pushing new highs
    Fx Pro - December 24, 2014, 08:20 GMT

    There were some interesting dynamics on FX markets yesterday, as statisticians chopped away at UK growth and added to the US economy. The net result was cable moving one big figure on the day down to the 1.55 level. The revisions to the US economy put it at the stronger pace of 6 months growth

  • H.S. Borji

    The US service economy slowed for a sixth consecutive month in December, as output rose at its weakest rate since February, casting further doubts about the economic recovery in the fourth quarter. Markit Group’s preliminary estimate of US service activity eased in December to 53.6 from 56.2. A median estimate of economists called for an

  • H.S. Borji

    US manufacturing output softened again in December, as production levels expanded at the slowest pace since January while payrolls also declined, in the latest warning sign the economy was growing at a weaker pace in the fourth quarter. Markit Group’s flash estimate of US manufacturing activity was 53.7 in December, down from 54.8 in November

  • H.S. Borji

    US industrial production rebounded at a staggering rate in November, as factory activity surged in response to bigger demand for consumer goods and business equipment in the latest sign manufacturing output was boosting economic growth. Total industrial production increased 1.3 percent in November following a gain of 0.1 percent the previous month that was originally

  • H.S. Borji

    US business inventories rose steadily in October, as stockpile accumulation continued to add to economic growth at the start of the fourth quarter. Business inventories – an indicator of stockpiles held by manufacturers, retailers and wholesalers that is used to calculate gross domestic product – increased 0.2 percent to $1,760.4 billion in October, following a

  • H.S. Borji

    US retail sales advanced faster than forecast in November, as consumers opened up their wallets for the holidays amid improving wages and more plentiful jobs, a sign the US economy was firming at the end of the year. Retail revenues in the United States rose 0.7 percent to $449.3 billion in November, following an upwardly

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