Monthly archive August, 2019

New Zealand's central bank reduced its key rate by 50 basis points to underpin economic growth and revive inflation. The Monetary Policy Committee of Reserve Bank of New Zealand headed by Adrian Orr, on Wednesday, cut the official cash rate Read More →

India's central bank announced a larger-than-expected interest rate cut on Wednesday and kept the door open for more easing to spur slowing economic growth. The Monetary Policy Committee of the Reserve Bank of India decided to reduce the key Read More →

The U.S. dollar stayed mostly down in negative territory on Wednesday amid speculation the Federal Reserve will likely announce further monetary easing in the foreseeable future to offset the impact of trade war and boost the economy.Original Article Read More →

Germany's industrial production declined more-than-expected in June, fueling recession fears as trade disputes weigh on exports, official data showed Wednesday. Industrial production fell 1.5 percent on a monthly basis in June, reversing a revised 0.1 percent rise in May, Destatis Read More →

The U.S. dollar largely stayed firm against most of its rivals on Tuesday, although its movements against some of the currencies were largely sluggish as worries about escalating U.S.-China trade tensions continued to weigh on market sentiment.Original Article Read More →

Australia's central bank left its key interest rate unchanged at a record low after cutting the rate by 25 basis points each at the previous two meetings. The board of the Reserve Bank of Australia, governed by Philip Lowe, maintained Read More →