Monthly archive April, 2019

The Reserve Bank of Australia on Tuesday left its benchmark interest rate unchanged, acknowledging that the labor market continued to be "strong" despite soft economic growth seen late last year. The board of the Reserve Bank of Australia, governed by Read More →

The U.S. dollar recovered after staying subdued early on in the session, but largely struggled to progress any significantly higher as traders looked for direction.Original Article Read More →

Australia had a seasonally adjusted merchandise trade surplus of A$4.801 billion in February, the Australian Bureau of Statistics said on Wednesday.Original Article Read More →

Payroll processor ADP released a report on Wednesday showing much weaker than expected private sector job growth in the month of March. ADP said private sector employment rose by 129,000 jobs in March after jumping by an upwardly revised 197,000 Read More →

UK service sector shrunk for the first time in over two-and-a-half years in March as domestic political uncertainty damped demand amid labor shortages, survey data from IHS Markit showed on Wednesday. The services purchasing managers' index, or PMI fell to Read More →

Service sector growth in the U.S. cooled off in March after a significant acceleration in the previous month, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its non-manufacturing index slid to 56.1 Read More →