Empire Manufacturing Index Hits Nine-Month High
Empire Manufacturing Index Hits Nine-Month High
The Empire index of general business conditions rose to its highest level since August, but remains in negative territory. Declines in manufacturing in the New York area continue, but the pace of declines is clearly slowing. Most of the strength in this report was in measures of forward-looking sentiment, rather […]
Pound Surges On Better Manufacturing Data, Dollar Weakens Vs Yen
Pound Surges On Better Manufacturing Data, Dollar Weakens Vs Yen
UK BRC Retail Sales MOnitor Climbs 4.6% on the Year
We begin with a slew of news out of the UK economy. Retail sales rose 4.6% compared to a year ago, according to the British Retail Consortium, the best figure in three years. It’s another […]
Pound Climbs On Better Manufacturing Data, Yen Pressured Again
Pound Climbs On Better Manufacturing Data, Yen Pressured Again
JPN Unemployment Rate Climbs to 4-year High, Wages Down 3.7%
Japan’s unemployment rate surged to a four-year high in March, climbing 0.4% to 4.8%. That was the biggest jump since 1967 and shows that companies continue to lay off workers in order to cut their costs. Not […]