Consumer confidence in the US improved sharply in September with the Conference Board’s Consumer Confidence Index rising to 101.8, the highest reading since March, from 86.3 in August (revised from 84.8). This Further details showed that the Consumer President Situation Index climbed to 98.5 from 85.8, the Consumer Expectations Index …

The merchandise trade deficit widened in the United States in August, as imports rose as companies rebuild stocks that ran out when the coronavirus pandemic severely affected the flow of goods. The US Commerce Department said the commodity trade deficit increased 3.5% to $ 82.9 billion last month. Merchandise imports …

Inflation in Germany, as measured by the Consumer Price Index (CPI), was -0.2% (preliminary) in September, the data published by Destatis showed on Tuesday. This reading followed August’s print of -0.1% and came in lower than the market expectation of -0.1%. On a yearly basis, the CPI declined to -0.2% …

Data revealed that the economic sentiment of the Eurozone improved better than expected in September, mainly due to the increase in optimism in the services sector despite concerns about a second wave of the Covid-19 pandemic. And a monthly survey by the European Commission in the 19-nation Eurozone showed that …

Oil prices fell on Tuesday, September 29, erasing gains from the previous session, while chronic demand concerns due to the Corona pandemic outweighed hopes generated by a new US stimulus package that lawmakers find difficult to agree on. US West Texas Intermediate crude futures fell 34 cents, equivalent to 0.8%, …

European stocks fell at the open Tuesday, September 29th, as the recovery from the previous session faded as investors remain cautious before the first US presidential debate. The European Stoxx600 index fell 0.5% in early trade after posting its biggest daily gain in three months on Monday. Growth-sensitive stocks, including …

The Turkish lira hit a new record low against the dollar on Tuesday (September 29th), as investors assess the repercussions of conflict in the Caucasus and await a new medium-term economic program to be announced by Finance Minister Barat Albayrak. The lira hit a record low of 7.8450 against the …

Markets await the presidential debate in the United States between Trump and Biden, scheduled for Tuesday, September 29. The debate will occur on Tuesday night and Wednesday morning for European time, meaning we may not feel the market affected until later on Wednesday. FT’s polls indicate Biden is on track …

Japanese stocks closed at a seven-month high on Tuesday, September 29, tracking the impact of US stocks, which rose last night due to investors buying shares that plunged sharply with a sharp decline in the stock market last week, while all eyes turned to the presidential debate between Trump and …

Gold prices stabilized on Tuesday, September 29, with the dollar retreating from its highest level in two months, as investors look to the first US presidential debate and the developments of a new bill for coronavirus aid in the United States. There was little change in the yellow metal in …