Monthly archive June, 2019

Dollar Rebounds From 3-month Lows

The U.S. dollar recovered from early lows and had some bright moments up in positive territory on Tuesday as prospects of a sharp cut in interest rates in July faded after St. Louis Fed President James Bullard dismissed call for Read More →

New Zealand Holds Rate At Record Low; Hints At Easing To Support Growth

The New Zealand central bank left its key interest rate unchanged at a record low but hinted a rate cut over time to underpin subdued economic growth. The Monetary Policy Committee of Reserve Bank of New Zealand, on Wednesday, maintained Read More →

UK Employers More Confident Since Brexit Deadline Extension: REC

UK employers' confidence on the economy and their hiring and investment intentions improved since the extension of the Brexit deadline, according to a survey published on Wednesday. Employers' confidence in making hiring and investment decisions improved with the index rising Read More →

German GfK Consumer Sentiment To Drop In July

Germany's consumer sentiment is set to weaken in July as income expectations suffer significant setbacks amid fears of job losses among shoppers, survey data from market research group GfK showed Wednesday. The forward-looking consumer sentiment index dropped more-than-expected to 9.8 Read More →

U.S. Durable Goods Orders Drop 1.3% Amid Continued Slump In Aircraft Demand

New orders for U.S. manufactured durable goods unexpectedly showed another steep drop in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders slumped by 1.3 percent in Read More →

Dollar Fairly Steady

The U.S. dollar stayed fairly steady on Wednesday as hopes for a steep cut in interest rate next month faded after recent comments from Federal Reserve Chairman Jerome Powell and St. Louis Fed President James Bullard that a big reduction Read More →