Menu

Monthly archive February, 2020

New Zealand January Food Prices Gain 0.6% On Month

Food prices in New Zealand advanced a seasonally adjusted 0.6 percent on month in January, Statistics New Zealand said on Friday.Original Article Read More →

UK Economy Stagnates In Q4

The UK economy stalled in the fourth quarter as uncertainty around Brexit and the general election weighed on investment and spending, first estimates from the Office for National Statistics showed Tuesday. Gross domestic product remained unchanged from the previous three Read More →

Powell Says The Fed Is Closely Monitoring The Coronavirus Outbreak

Federal Reserve Chairman Jerome Powell said the central bank is closely monitoring the emergence of the coronavirus in testimony before the House Financial Services Committee on Tuesday. Powell noted in prepared remarks that some of the uncertainties around trade have Read More →

Dollar Retreats After Recent Gains

The U.S. dollar weakened a bit on Tuesday, but not before climbing to a four-month high against the euro and hitting a 1-1/2-month high against Swiss franc.Original Article Read More →

Sweden Keeps Key Rate At Zero

Sweden's central bank maintained its key interest rate, after lifting it from negative territory in December, and signaled that rates will remain zero for a prolonged period. The Executive Board of Riksbank decided to keep its repo rate unchanged at Read More →

Dollar Climbs Higher

The U.S. dollar, which took a breather of sorts on Tuesday after staying firm for several sessions, firmed up again on Wednesday.Original Article Read More →