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Monthly archive August, 2019

Japan June Core Machine Orders Spike 13.9%

The total value of core machine orders in Japan jumped a seasonally adjusted 13.9 percent on month in June, the Cabinet Office said on Wednesday - standing at 960.3 billion yen.Original Article Read More →

UK Wage Growth Strongest Since Global Crisis; Employment At Record High

UK wages grew at the fastest pace since the 2008-09 global financial crisis and employment reached a record high in the second quarter, despite contraction in the economy, data from the Office for National Statistics revealed Tuesday. Total average weekly Read More →

Philippines Cuts Interest Rates Further As Economy Slows

The Philippine central bank slashed the key interest rate on Thursday, citing a benign inflation outlook and slowing growth. The Monetary Board of the Bangko Sentral ng Pilippinas, or BSP, decided to lower the overnight reverse repurchase facility rate by Read More →

Dollar Exhibits Mixed Trend Against Rivals

The U.S. dollar swung between gains and losses but mostly stayed positive on Thursday after the Chinese central bank set the midpoint for yuan above 7.00 per dollar for the fist time in more than a decade.Original Article Read More →

Australian Dollar Climbs As RBA Leaves Key Rate Unchanged

The Australian dollar firmed against its major counterparts in the Asian session on Tuesday, erasing its early losses, after the Reserve Bank of Australia kept its key interest rate unchanged after trimming it for two straight months. The board of Read More →

German Factory Orders Recover On Non-Eurozone Demand

Germany's factory orders rebounded in June driven by strong demand from non-euro area economies, data from Destatis showed Tuesday. Factory orders grew by a more-than-expected 2.5 percent on a monthly basis in June, offsetting a revised 2 percent drop in Read More →