Monthly archive June, 2019

UK inflation slowed to the central bank target in May, thanks to lower costs for air travel and falling car prices, data from the Office for National Statistics showed Wednesday. Consumer price inflation hit the Bank of England's target of Read More →

European Central Bank Vice President Luis de Guindos said that the central bank will react with a combination of measures if it perceives that inflation is set to deviate from its target, and further asset purchases remain a possibility. Speaking Read More →

In a move largely telegraphed by Federal Reserve Chairman Jerome Powell, the Fed has declared that it will "act as appropriate" to sustain the U.S. economic expansion amid increasing uncertainties about the outlook for the economy. The Fed announced its Read More →

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 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 →

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 →