American mortgage applications tacked on for the first time for five weeks because most home borrowing costs kept to their lowest value for 10 months…
Euro zone businesses go up
Euro zone business surge is actually speeding up, as polls unveiled on Thursday, backing the European Central Bank's move the previous month to officially announce a throttling back of its monetary policy stimulus.
Polls covering both the manufacturing and services sectors outshone even the most upbeat forecasters in Reuters surveys, showing growth appears to be broad-based, with EU factories reporting the second-best month in the index's history.
As an earlier sister poll from Germany revealed, in November, Europe's number one economy shifted into a higher gear, as factories managed to roll out goods at the fastest tempo for almost seven years.
France's equivalent ruined experts’ expectations for a dip as activity ascended at the fastest pace for 6-1/2 years in November as recent labor reforms pushed businesses to add staff much quicker than at any time since 2001.
The European Union has turned to be the shocking economic star of 2017, with surge rates confidently outpacing its rivals.
The releases of employment change and the unemployment rate for Australia are expected on February 21, at 2:30 MT time.
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…