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Monthly archive April, 2019

Euro Slides As Draghi Warns Of Global Headwinds Still Hammering Economy

The euro drifted lower against its major counterparts in the European session on Wednesday, after the European Central Bank President Mario Draghi struck a cautious tone about the euro area economy, saying that global headwinds continued to weigh on growth Read More →

Fed Minutes Suggest Interest Rate Outlook Could Shift In Either Direction

While projections provided by the Federal Reserve following the March monetary policy meeting suggested the central bank no longer expects to raise interest rates this year, the minutes of the meeting note the outlook for rates remains fluid.Original Article Read More →

Dollar Fairly Steady After Fed Minutes

The U.S. dollar retreated from higher levels this afternoon, a few minutes before the release of the minutes of the Federal Reserve's March meeting, but managed to hold steady against most of its rivals as the minutes showed the members Read More →

New Zealand Food Prices Advance 0.5% In March

Food prices in New Zealand climbed an unadjusted 0.5 percent on month in March, Statistics New Zealand said on Thursday - following the 0.4 percent gain in February.Original Article Read More →

UK Economic Growth Slows In February

The UK economy expanded for the second straight month, but at a slower pace, in February, figures from the Office For National Statistics showed on Wednesday. Gross domestic product, or GDP, grew 0.2 percent month-on-month in February, while the economy Read More →

IMF Cuts Global Growth Forecast On Trade Tensions, Policy Uncertainty

The International Monetary Fund on Tuesday slashed the global growth forecast for this year, citing the trade tensions, weaker business confidence, tighter financial conditions and higher policy uncertainty. The Washington-based global lender cut the growth forecast for this year to Read More →