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China Cuts Loan Prime Rate To Support Credit Growth

China reduced its new benchmark lending rates, as widely expected, to reduce lending costs and underpin credit growth. The one-year loan prime rate was lowered to 4.15 percent from 4.20 percent. Likewise, the five-year loan prime rate was cut to Read More →

Dollar Holds Steady For 2nd Straight Session

The U.S. dollar was steady on Wednesday, as it stayed above the flat line for a second successive session, amid continued uncertainty about U.S.-China trade deal.Original Article Read More →

Fed Minutes Reinforce Expectations Of Interest Rates On Hold

Minutes from the Federal Reserve's monetary policy meeting held in late October were released on Wednesday but did not provide much further insight into the outlook for interest rates. Interest rates are already widely expected to remain unchanged in the Read More →

Dollar Steady Ahead Of Fed Minutes

After exhibiting weakness in the previous three sessions, the U.S. dollar held steady on Tuesday, ahead of the release of the Federal Reserve Bank's recent monetary policy meeting.Original Article Read More →

U.S. Producer Prices Rebound Along With Energy Prices

After reporting an unexpected decrease in producer prices in the previous month, the Labor Department released a report on Thursday showing U.S. producer prices rebounded by slightly more than anticipated in the month of October. The Labor Department said its Read More →

Dollar Loses Ground Against Rivals

The U.S. dollar exhibited weakness against most major currencies on Thursday amid disappointing economic data out of Asia and Europe, and lingering uncertainty about U.S.-China trade negotiations.Original Article Read More →

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