Monthly archive August, 2019

Dollar Mostly Subdued Amid Trade Uncertainty

The U.S. dollar index stayed below the unchanged line on Tuesday with the currency turning in a mixed performance against peers, after having exhibited strength in the previous session on renewed optimism about resumption of U.S.-China trade talks.Original Article Read More →

Eurozone Household Lending Growth Fastest Since 2009

Eurozone bank lending to households increased the most since early 2009 in July and money supply growth accelerated, data from the European Central Bank showed Wednesday. Loans to households rose 3.4 percent year-on-year in July, slightly faster than the 3.3 Read More →

Iceland Cuts Key Rate For Third Time To Revive Economy

Iceland's central bank lowered its key interest rate for the third consecutive meeting to lift the economy out of a slowdown. The Monetary Policy Committee of the Central Bank of Iceland, on Wednesday, decided to lower the key interest rate Read More →

Dollar Stays Firm Against Rivals Amid Recession Fears

The U.S. dollar exhibited strength against rivals on Wednesday amid rising fears over a possible global economic recession.Original Article Read More →

German Consumer Sentiment To Remain Unchanged

German consumer confidence is set to remain unchanged in September as the downturn in economic confidence was largely offset by the propensity to buy, survey data from market research group GfK showed Wednesday. The forward-looking consumer sentiment index held steady Read More →

Swiss Stocks End Higher

The Switzerland stock market recovered after a weak start on Tuesday, gained in strength as the session progressed and eventually ended on a firm note, as investors picked up shares after three successive days of losses.Original Article Read More →