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U.S. Consumer Sentiment Improves More Than Previously Estimated In December

U.S. Consumer Sentiment Improves More Than Previously Estimated In December

The University of Michigan released its revised reading on U.S. consumer sentiment in the month of December on Friday, showing sentiment unexpectedly improved more than previously estimated. The report showed the consumer sentiment index for December was upwardly revised to 59.7 from the preliminary estimate of 59.1.
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U.S. New Home Sales Unexpectedly Surge For Second Straight Month In November

U.S. New Home Sales Unexpectedly Surge For Second Straight Month In November

New home sales in the U.S. unexpectedly showed a sharp increase for the second consecutive month in November, according to a report released by the Commerce Department on Friday. The report said new home sales surged by 5.8 percent to an annual rate of 640,000 in November after soaring by 8.2 percent to a revised rate of 605,000 in October.
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U.S. Dollar In Positive Territory Ahead Of Christmas Break

U.S. Dollar In Positive Territory Ahead Of Christmas Break

The U.S. dollar was higher against its major counterparts in the New York session on Friday, as the prospect of higher rates overshadowed optimism over a slowdown in the Federal Reserve's preferred measure of core inflation in November.
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U.S. Consumer Price Growth Slows To 5.5% In November

U.S. Consumer Price Growth Slows To 5.5% In November

The Commerce Department released its report on U.S. personal income and spending in the month of November on Friday, although the focus was on a closely watched reading on consumer price inflation.
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Dollar Mixed Ahead Of U.S. Personal Income And Spending Data

Dollar Mixed Ahead Of U.S. Personal Income And Spending Data

U.S. personal income and spending data for November is due at 8:30 am ET Friday. Ahead of the data, the greenback traded mixed against its major rivals. While if fell against the franc, it held steady against the rest of major rivals.
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Sensex Dips Below 60K; Nifty Nears 17,800

Sensex Dips Below 60K; Nifty Nears 17,800

Indian shares succumbed to heavy selling pressure on Friday to extend losses for a fourth day, with recession worries, renewed fears of COVID-19 and concerns over the Federal Reserve's continued policy tightening weighing on markets.
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