Monthly archive August, 2020

A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity continued to expand in the month of August, although the pace of growth slowed by more than anticipated. The Philly Fed said its diffusion Read More →

The Conference Board released a report on Thursday showing its leading economic index for the U.S. increased for the third straight month in July, although the pace growth by the index slowed from the two previous months.Original Article Read More →

European Central Bank policymakers discussed the flexibility and target of the bank's emergency bond purchases that were unveiled to support the euro area economy amid the disruption caused by the coronavirus, or Covid-19, pandemic, the minutes of the July 15-16 Read More →

After moving to the upside in morning trading, the value of the U.S. dollar has turned lower over the course of trading on Thursday. The U.S. dollar index has dipped 0.2 percent to 92.74 after reaching a high of 93.24Read More →

UK consumer price inflation rose unexpectedly to a four-month high in July on higher clothing and petrol prices, data from the Office for National Statistics showed Wednesday. Consumer price inflation rose to 1 percent in July, while the rate was Read More →

Indonesia's central bank left its key interest rate unchanged after lowering it four times this year, as the rupiah remained weak amid the sharp economic contraction. The Board of Governors of Bank Indonesia decided to hold BI 7-day reverse repo Read More →