Monthly archive June, 2019

Private sector employment in the U.S. crept up by much less than expected in the month of May, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment edged up by 27,000 jobs in Read More →

Indicating an unexpected acceleration in the pace of U.S. service sector growth in the month of May, the Institute for Supply Management released a report on Wednesday showing an increase by its non-manufacturing index. The ISM said its non-manufacturing index Read More →

The European Central Bank is finding itself in a tight spot as downside risks to Eurozone growth from external events, mainly trade tensions, have increased and inflation in the single-currency bloc sharply slowed, triggering predictions that the bank may re-launch Read More →

Economic activity in the U.S. expanded at a modest pace overall from April through mid-May, according to the Federal Reserve's Beige Book released on Wednesday. The Beige Book noted the assessment of the overall economy reflected a slight improvement over Read More →

The U.S. dollar rebounded after falling to a multi-month low against the yen in early trades and gained in strength against most of its rivals as the session progressed on Wednesday.Original Article Read More →

The International Monetary Fund on Wednesday cut China's growth forecast for this year and next, citing downside risks and high uncertainty surrounding trade tensions, and said more policy easing may be needed if the conflict escalates. The lender lowered the Read More →