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Monthly archive September, 2018

BoE’s Carney Warns China Is One Of Bigger Risks For Global Economy

Developments in China are a source of one of the bigger risks for the global economy, Bank of England Governor Mark Carney said. "China is a great source of growth for the global economy, it is an absolute economic miracle, Read More →

U.S. Producer Prices Unexpectedly Edge Lower In August

Producer prices in the U.S. unexpectedly saw a modest decrease in the month of August, according to a report released by the Labor Department on Wednesday. The Labor Department said its producer price index for final demand edged down by Read More →

Bank Of England To Maintain Status Quo On Rate

Bank of England policymakers are set to sit tight on interest rate after a unanimous rate hike decision in August. The nine-member Monetary Policy Committee, led by Governor Mark Carney, is widely expected to keep the key rate unchanged at Read More →

Softer USD persists; ECB no change; Turkish CB takes action

Softer-than-expected inflation data from the US on Thursday, did not help the USD’s southbound performance this week. As we rise to Friday we see that the US dollar index is entering its fifth consecutive day of losses.

Headline CPI Read More →

Beige Book Says U.S. Economy Expanded At Moderate Pace

A report released by the Federal Reserve on Wednesday said the U.S. economy expanded at a moderate pace through the end of August.Original Article Read More →

New Zealand Food Prices Slide 0.5% In August

Food prices in New Zealand fell an unadjusted 0.5 percent on month in August, Statistics New Zealand said on Thursday - while seasonally adjusted food prices fell 0.8 percent.Original Article Read More →