Monthly archive November, 2019

Federal Reserve Chairman Jerome Powell testified before Congress on Wednesday, reiterating that the central bank is likely to leave interest rates on hold in the near future. Powell told members of the Joint Economic Committee that the Fed would leave Read More →

The U.S. dollar held above the flat line right through the session on Tuesday. The focus was on President Donald Trump's speech at The Economic Club of New York.Original Article Read More →

First-time claims for U.S. unemployment benefits fell by more than expected in the week ended November 2nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slid to 211,000, a decrease of Read More →

The jobless rate in New Zealand came in at a seasonally adjusted 4.2 percent in the third quarter of 2019, Statistics New Zealand said on Wednesday.Original Article Read More →

Thailand's central bank slashed its key interest rate to a record low on Wednesday, in a bid to support growth and inflation, and relaxed the rules to boost capital outflows to ease the pressure on the Thai baht. The Monetary Read More →

Germany's factory orders growth exceeded expectations in September, driven by both domestic and foreign demand, data from Destatis revealed Wednesday. However, a closely-watched private survey showed that Germany's private sector contracted in October due to the weakness in manufacturing. Read More →