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South Korea GDP Expands 0.7% On Quarter In Q2

South Korea's gross domestic product climbed a seasonally adjusted 0.7 percent on quarter in the second quarter of 2021, the Bank of Korea said in Tuesday's advance estimate.Original Article Read More →

U.S. Existing Home Sales Rebound After Falling For Four Straight Months

Reflecting a modest improvement in supply, the National Association of Realtors released a report on Thursday showing existing home sales rebounded in the month of June following four straight monthly declines.Original Article Read More →

U.S. Leading Economic Index Climbs Less Than Expected In June

The Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators increased by less than expected in the month of June. The report said the Conference Board's leading economic index climbed by 0.7 percent in Read More →

ECB’s Lagarde Says Current Rise In Inflation Likely To Be Largely Temporary

European Central Bank President Christine Lagarde said on Thursday that the current rise in euro area inflation is likely to be temporary and underlying price pressures are expected to pick up gradually.Original Article Read More →

Dollar Gains Against Rivals Despite Unexpected Rise In Jobless Claims

After staying quite subdued in the Asian session on Thursday, the U.S. dollar drifted lower after data showed an unexpected rise in U.S. jobless claims in the week ended July 17th.Original Article Read More →

China Keeps Loan Prime Rates Unchanged

China left its benchmark lending rates unchanged on Tuesday after the central bank lowered its reserve requirement ratio last week. The one-year loan prime rate was maintained at 3.85 percent and the five-year loan prime rate at 4.65 percent. The Read More →

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