Australian Home Loans for February decreased by 1.7% monthly. Economists predicted an increase of 2.0% monthly. Forex traders can compare this to Australian Home Loans for January, which increased by 4.6% monthly. Australian Investment Lending for February decreased by 1.9% monthly, and the Owner-Occupier Loan Value decreased by 1.7% monthly. Economists predicted an increase of 1.5% and 2.8%. Forex traders can compare this to Australian Investment Lending for January, which increased by 3.6% monthly and to Owner-Occupier Loan Value, which...
On Tuesday, the Get Report published better news about General Electric after the report said the industrial giant had received federal government approval to provide engines for a new passenger aircraft in China. GE's share cost increased by 1.87 percent to $7.36 per share after Reuters reported that the Trump administration gave the Boston-based company a license to manufacture engines for the new Chinese narrow fuselage aircraft COMAC C919. Administration officials were considering banning GE from signing the deal, but President Trump...
Boeing Co. said yesterday it will suspend production of 787 aircraft at its departments in South Carolina amid the pandemic. The statement came shortly after the state government issued an order on Monday ordering residents to stay home except for urgent travel. Boeing production will be suspended until further orders are issued on Wednesday. On Sunday, the largest U.S. aircraft manufacturer extended indefinitely the halt of production at its facilities in Washington state. Reuters reported Thursday that aircraft manufacturers, including...
Japanese Labor Cash Earnings for February increased by 1.0% annualized and Japanese Real Cash Earnings increased by 0.5% annualized. Economists predicted an increase of 0.4% and a decrease of 0.7%. Forex traders can compare this to Japanese Labor Cash Earnings for January, which increased by 1.5% annualized and to Japanese Real Cash Earnings, which increased by 0.7% annualized. Japanese Household Spending for February increased by 0.8% monthly and decreased 0.3% annualized. Economists predicted a decrease of 0.2% and 3.9% annualized. Forex...
After U.S. President Donald Trump reported that America is currently facing the worst period in the last two weeks of the Coronavirus pandemic, when economic reports begin to show the real impact of quarantine on the economy, investors are preparing for a worst-case scenario. The main focus will be on the American labor market, as an initial report on the number of applications for unemployment benefits is expected to be published on Thursday this week. Also, the minutes of the Fed's meetings on Wednesday may give some optimism, as...