Monthly archive June, 2019

The U.S. dollar advanced against major currencies on Wednesday, recovering some of its recent losses, as traders looked ahead to the Federal Reserve's monetary policy, due next week.Original Article Read More →

A closely watched report released by the Labor Department on Wednesday showed a modest increase in U.S. consumer prices in the month of May. The report also showed a slowdown in the annual rate of consumer price growth, further fueling Read More →

After advancing a bit early on in the session on Tuesday, the U.S. dollar gave up its gains and then spent most part of the day below the flat line, as traders weighed the impact of the ongoing trade war Read More →

Unemployment from the UK and investor confidence from euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway publishes consumer price data. Economists forecast inflation to remain unchanged at Read More →

The World Bank downgraded its global growth outlook to the weakest pace in three years, citing downturn in investment and a decade-low growth in trade, amid escalating disputes. Global growth is forecast to ease to 2.6 percent this year, reflecting Read More →

The UK service sector growth improved more-than-expected to a three-month high in May, but overall private sector activity weakened due to the contractions in manufacturing and construction, survey data from IHS Markit showed Wednesday. The Chartered Institute of Procurement & Read More →