Economic activity grew at a measured pace across the country in September and October, despite sector-wide disruptions caused by recent hurricanes in the Southern and Eastern U.S., according to a new report from the Federal Reserve.
Gold prices settled lower Wednesday, then edged a bit higher in electronic trading shortly after the release of the U.S. Federal Reserve's Beige Book. The report, which offers a snapshot of domestic economic activity, said U.S. growth was "split...
The dollar is ticking up ahead of the Beige Book.
The US dollar index was higher by 0.3% at 93.71 at 8:29 a.m. ET.
"We note the dollar is starting to look rich to our short-term cyclical models and we do not see much room for a sustainable...
This week is packed with economic readings in the West, from trade in the EU and inflation in the U.K. to industrial production in the U.S., while in Asia, China will release third-quarter gross domestic product figures.
Macroeconomic events and releases move markets in varying degrees, with some possessing the potential to move markets in a big way, are termed as first-tier economic data.
Meanwhile, there are others that are relatively inane and don't cause...
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The Beige Book reports on current economic conditions and is published by the Federal Reserve Board eight times each year. The report is released two Wednesdays before each FOMC meeting at 2.15pm EST.