FX News

Australia Trade Surplus Soars To A$3.681 Billion In December

Australia posted a seasonally adjusted merchandise trade surplus of A$3.681 billion in December, the Australian Bureau of Statistics said on Tuesday.Original Article Read More →

RBA Retains Record Low Interest Rate; Trims Growth Outlook

The Reserve Bank of Australia on Tuesday decided to keep its benchmark interest rate on hold, but flagged a downgrade to growth forecast for this year amid increasing downside risks to the global growth outlook, impact of falling house prices Read More →

UK Services Growth Weakest In 2-1/2 Years As Orders, Employment Fall

UK service sector growth slowed more-than-expected in January, moving closer to stagnation, as new orders and staffing levels declined amid rising cost pressures and the heightened political uncertainty linked to Brexit. The CIPS Services Purchasing Managers' Index, or PMI, dropped Read More →

German Factory Orders Decline Again Signaling Sluggish Start To 2019

Germany's factory orders unexpectedly decreased for a second straight month in December and at a faster pace, on the back of weak demand from abroad, suggesting that the slowdown in the manufacturing continued and the sector likely had a sluggish Read More →

Thailand Central Bank Holds Rate Steady After December Hike

Thailand's central bank left its key interest rate unchanged in January, after raising it in December for the first time in over seven years, citing future risks to financial stability. The Monetary Policy Committee voted 4 -2 to maintain the Read More →

Indonesia Q4 Growth Tops Expectations; 2018 Expansion Fastest In 5 Years

Indonesia's economic growth in the fourth quarter of 2018 exceeded economists' expectations, despite weaker export growth, and the full year growth was the fastest in five years. Gross domestic product grew 5.18 percent year-on-year following a 5.17 percent increase in Read More →