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Monthly archive September, 2019

U.S. Trade Deficit Narrows Amid Rebound In Exports

Reflecting an increase in exports and a modest decrease in imports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit narrowed in the month of July. The Commerce Department said the trade deficit narrowed to $54.0 Read More →

Dollar Retreats After Scaling 2-year High

The U.S. dollar rose to a more than 2-year high on Tuesday amid global economic slowdown and dovish policy stance by most of the central banks across the globe.Original Article Read More →

Australia Keeps Rates Unchanged At Record Low

Australia's central bank left its key interest rate unchanged at a record low for the second straight meeting as policymakers await to see the impact of earlier rate cuts. The board of the Reserve Bank of Australia, governed by Philip Read More →

South Korea Industrial Output Rises 2.6% In July

Industrial production in South Korea advanced a seasonally adjusted 2.6 percent on month in July, Statistics Korea said on Friday - following the 0.1 percent increase in June.Original Article Read More →

German Economy Shrinks In Q2 On Exports

Germany's economy contracted as initially estimated in the second quarter due to weak foreign demand, and there are signs that the shrinking continued into the third quarter, pushing the biggest euro area economy to the verge of recession and strengthening Read More →

U.S. Consumer Confidence Shows Slight Deterioration But Remains Solid

Consumer confidence in the U.S. showed a slight deterioration in the month of August, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index edged down to 135.1 in August after Read More →