Monthly archive May, 2020

A report released by the Labor Department on Thursday showed steep drops in both import and export prices in the U.S. in the month of April. The Labor Department said import prices plunged by 2.6 percent in April after tumbling Read More →

The U.S. dollar pared early gains, and after a brief spell around the flat line, rallied again Thursday afternoon but retreated again in the final minutes of the session, looking for direction.Original Article Read More →

New Zealand's central bank decided to expand its asset purchase programme to reduce the cost of borrowing as coronavirus, or Covid-19, pandemic is set to lower growth, employment and inflation. The Monetary Policy Committee of the Reserve Bank of New Read More →

The UK economy contracted the most since the global financial crisis as measures adopted to reduce the transmission of the coronavirus took a toll on overall activity, data from Office for National Statistics revealed on Wednesday. Gross domestic product fell Read More →

Malaysia's economic growth eased sharply in the first quarter as measures taken to contain the spread of the coronavirus, or Covid-19, pandemic weighed on exports and domestic growth, data from Bank Negara Malaysia showed Wednesday. Gross domestic product grew 0.7 Read More →

After yesterday's report showing an historic drop in consumer prices, the Labor Department released a report on Wednesday showing U.S. producer prices plunged by much more than expected in the month of April.Original Article Read More →