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Monthly archive January, 2019

South Korea 2018 GDP Growth At 6-year Low

South Korea's economy expanded at the slowest pace in six years in 2018, as a pick-up in the fourth quarter was not enough to offset the impact of weakening exports. Gross domestic product rose 2.7 percent in 2018, which was Read More →

German ZEW Investor Confidence At 4-month High

Germany's investor confidence improved further at the start of the year to its highest level in four months, defying expectations for a weakening, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Read More →

UK Employment Hits Record High, Pay Growth Biggest In Decade

The UK employment hit a record high in December and the workers' pay grew at the fastest pace in a decade amid steady unemployment, despite the Brexit chaos. The employment level grew by 141,000 sequentially to a record high 32.54 Read More →

U.S. Existing Home Sales Plunge To Three-Year Low In December

Partly reflecting higher interest rates during much of 2018, the National Association of Realtors released a report on Tuesday showing a much steeper than expected drop in U.S. existing home sales in the month of December.Original Article Read More →

Japan December Trade Deficit Y55.286 Billion

Japan had a merchandise trade deficit of 55.286 billion yen in December, the Ministry of Finance said on Wednesday.Original Article Read More →

BoJ Keeps Monetary Policy Steady; Cuts Inflation Outlook

The Bank of Japan kept its monetary policy unchanged on Wednesday, but downgraded the inflation forecasts, primarily driven by a sharp fall in oil prices. The Policy Board of the BoJ voted 7-2 to purchase government bonds so that the Read More →