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Dollar Loses Ground Against Peers After Fed Statement

The U.S. dollar drifted lower against most major currencies on Wednesday after the Federal Reserve left interest rates unchanged and said it will "act as appropriate" to sustain the U.S. economic expansion amid increasing uncertainties about the outlook for the Read More →

Japan May Trade Deficit Y967.1 Billion

Japan posted a merchandise trade deficit of 967.1 billion yen in May, the Ministry of Finance said on Wednesday - up 67.5 percent on year.Original Article Read More →

European Economics Preview: Germany ZEW Economic Confidence Data Due

Economic sentiment data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the European Automobile Manufacturers Association publishes Europe's new car registrations data for May. Sales had dropped 0.4 percent Read More →

UK Unemployment Rate Steady At 44-Year Low

UK unemployment rate remained unchanged at the lowest level since late 1974 and employment hit a record in three months to April, despite Brexit uncertainties, data from the Office for National Statistics showed Tuesday. In the three months to April, Read More →

U.S. Producer Prices Inch Up 0.1% In May, In Line With Estimates

Producer prices in the U.S. showed a modest increase in the month of May, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index for final demand inched up by 0.2 Read More →

Eurozone Investor Confidence Erodes Sharply As Trade Disputes Hurt

Eurozone investor confidence eroded sharply in June as a renewed escalation in trade tensions between the US and China hurt sentiment in the single currency bloc, survey data from the behavioral research institute Sentix showed on Tuesday. The investor confidence Read More →