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New Zealand Credit Card Spending +0.2% In May

The total value of credit card spending in New Zealand gained a seasonally adjusted 0.2 percent on month in May, Statistics New Zealand said on Wednesday - following the 0.4 percent increase in April.Original Article Read More →

Japan Core Machine Orders Climb 5.2% In April

The total value of core machine orders in Japan advanced a seasonally adjusted 5.2 percent on month in April, the Cabinet Office said on Wednesday - standing at 913.7 billion yen.Original Article Read More →

China’s Inflation Rises On Food Prices, Factory Gate Inflation Slows

China's consumer price inflation accelerated on food prices in May, while factory gate inflation slowed on weak commodity demand, data from National Bureau of Statistics showed Wednesday. Consumer prices advanced 2.7 percent year-on-year in May, after gaining 2.5 percent in Read More →

Dollar Rebounds Against Major Currencies

The U.S. dollar advanced against major currencies on Wednesday, recovering some of its recent losses, as traders looked ahead to the Federal Reserve's monetary policy, due next week.Original Article Read More →

Tame Inflation Data Further Fuels Rate Cut Expectations

A closely watched report released by the Labor Department on Wednesday showed a modest increase in U.S. consumer prices in the month of May. The report also showed a slowdown in the annual rate of consumer price growth, further fueling Read More →

Dollar Turns Weak Again

After advancing a bit early on in the session on Tuesday, the U.S. dollar gave up its gains and then spent most part of the day below the flat line, as traders weighed the impact of the ongoing trade war Read More →

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