U.S. homebuilder sentiment falls in May

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Source: RTT News
Confidence among U.S. homebuilders surprisingly declined in the month May with the indicator measuring sentiment in the area falling to the weakest figures in a year, data published by the National Association of Home Builders unveiled on Thursday. The world's largest economy Housing Market Index slipped to 45 points in May, down from a level of 46 in April.

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Fri, 16 May 2014 14:37:38 GMT

U.K. stocks swing between gains and losses after housing starts

U.K. shares fluctuated on Friday trading session after falling yesterday as the Eurozone's gross domestic product advanced by less than initially estimated and as the U.S. housing starts increased in the month of May. The London's FTSE 100 Index slipped as much as 3.8 points, or less than 0.1%, to 6,837.12 by 1:57 p.m. in London.

Fri, 16 May 2014 16:05:03 GMT

Philly Fed Index grows further in May

An indicator measuring manufacturing activity in the Philadelphia area accelerated in May rising for the fifth straight month despite the fact that factory activity index in the country slipped, a report unveiled by the Federal Reserve Bank of Philadelphia showed on Thursday. The current activity index in the area added from April's level of 16.6 to 15.4 points in May.

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