Monthly archive November, 2018

After raising rates by a quarter point at its previous meeting, the Federal Reserve announced its widely anticipated decision to leave interest rates unchanged following a two-day meeting ending on Thursday. The Fed decided to maintain the target range for Read More →

The Reserve Bank of Australia on Tuesday decided to keep its benchmark interest rate on hold at a record low for the 26th consecutive meeting. The board of the Reserve Bank of Australia, governed by Philip Lowe, voted to maintain Read More →

The U.K.'s FTSE 100 index is drifting lower on Tuesday with nearly two third of its components losing ground amid uncertainty about near term growth outlook for global economy due to trade related issues.Original Article Read More →

The jobless rate in New Zealand came in at a seasonally adjusted 3.9 percent in the third quarter of 2018, Statistics New Zealand said on Wednesday.Original Article Read More →

Iceland's central bank hiked its key interest rate for the first time in over a year and raised its growth forecast for this year. The Monetary Policy Committee decided to raise the key interest rate, which is the rate on Read More →

Germany's industrial production unexpectedly rose for a second straight month in September, adding to the positive sentiment provided by the orders data released earlier. Production grew a calendar and seasonally adjusted 0.2 percent from the previous month, preliminary figures from Read More →