Monthly archive June, 2020

The U.S. Dollar was weak against major currencies on Wednesday amid improved risk sentiment after business reopened in several countries across the globe, raising hopes of a gradual economic recovery.Original Article Read More →

South Korea posted a current account deficit of $3.12 billion in April, the Bank of Korea said on Thursday.Original Article Read More →

The euro area unemployment rate increased only moderately in April despite containment measures implemented to prevent the spread of coronavirus, or Covid-19, across member countries. The jobless rate rose to a three-month high of 7.3 percent in April from 7.1 Read More →

UK house prices declined the most since 2009 as the impact of the coronavirus pandemic filtered through the property market in May, data from the Nationwide Building Society showed Tuesday. Elsewhere, data from the Bank of England showed that households Read More →

South Korea's gross domestic product contracted a seasonally adjusted 1.3 percent on quarter in the first three months of 2020, the Bank of Korea said in Tuesday's preliminary reading.Original Article Read More →

Eurozone economic confidence improved in May after the record declines of March and April, signaling early signs of recovery, survey data from the European Commission showed Thursday. The economic sentiment index rose to 67.5 in May from 64.9 in the Read More →