US pending home sales rose in December for the first time in seven months, according to data released on Friday by the National Association of Realtors.
The US consumer spent with a bit less abandon towards the end of 2022 even as price pressures continued to ebb as anticipated.
Consumer confidence in the US rose a bit more than initially thought at the beginning of 2023, the results of a closely survey revealed.
There are mixed signals in the cryptocurrency market at the moment. Bitcoin (BTC) has rebounded 0. 15% in the last 24 hours and remains above $23,000, while Ethereum (ETH) has dropped more than 1% and moves away from $1,600.
Jobless claims data in the US revealed that firms continued to hold onto workers although hiring appeared to be reversing the gains seen over the Christmas holidays.
The US economy expanded a tad more quickly than expected during the fourth quarter of 2022, boosted in part by inventory rebuilding.
US new home sales rose in December, but fell overall in 2022, according to figures released on Thursday by the Commerce Department.
Orders in the US for goods made to last more than three years surged at the end of 2022.
America's shortfall on trade in goods with the rest of world yawned wider at the end of 2022.
Business confidence in the euro area's largest economy improved by as much as expected at the start of 2023, the results of a closely followed survey showed.
Sharp falls of 2. 6% in the cryptocurrency market. Bitcoin (BTC) retreats more than 1% in the last 24 hours and is again well below $23,000 after overcoming this resistance for the third time in the last 4 days; for its part, Ethereum (ETH) drops about 5% and trades around $1,550.
Business activity in the single currency bloc steadied at the start of 2023 thanks to lower energy prices and optimism around China's reopening, the results of two closely followed surveys revealed.
The rate of decline in US private sector activity eased at the start of 2023, although hiring remained soft, survey results revealed.
The cryptocurrency market has rebounded remarkably after a hesitant start of the week. Bitcoin (BTC) has risen more than 1% in the last 24 hours and is now above $23,000; the rebound of the reigning cryptocurrency has allowed the market to regain the $1 trillion market capitalization. For its part, Ethereum (ETH) is trading slightly lower, but remains above $1,600.
German consumer confidence is continuing to edge higher, a closely-watched survey showed on Tuesday, as energy costs ease.
A gauge of economic indicators designed to provide forward guidance on the US economy fell more sharply than expected at the end of 2022.
Calm reigns in the cryptocurrency market. Bitcoin (BTC) has dropped 0. 75% in the last 24 hours, but remains close to $23,000, while Ethereum (ETH) has accumulated a rise of 0. 47% in the last day and has comfortably surpassed $1,600, standing at levels not seen since November 2.
German producer price inflation fell slowed sharply in December to its lowest rate in more than a year, according to official data released on Friday, in another sign that cost and price pressures may have peaked.
Moderate rebound in the cryptocurrency market. Bitcoin (BTC) is near $21,000 after rising 0. 5% in the last 24 hours, while Ethereum (ETH) has soared 1. 2% to $1,550 after a day of heavy losses.
The head of the Federal Reserve Bank of Boston argued for interest rate hikes to just above 5. 0% and then holding at that level "for some time".