Monthly archive August, 2020

New Zealand central bank expanded the asset purchase programme unexpectedly on Wednesday as downside risk to the outlook remains amid global economic disruption caused by the coronavirus pandemic. The Monetary Policy Committee of the Reserve Bank of New Zealand decided Read More →

Consumer prices in the U.S. increased by more than anticipated in the month of July, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index climbed by 0.6 percent in July, Read More →

The U.S. dollar turned in a mixed performance against other major currencies during trading on Wednesday as lawmakers remain at an impasse over a new coronavirus stimulus bill.Original Article Read More →

The UK economy contracted at the fastest pace on record in the second quarter amid the coronavirus pandemic, despite signs of recovery taking hold in June after the relaxation of restrictions on movement. Gross domestic product contracted by 20.4 percent Read More →

Partly reflecting a notable increase in prices for services, the Labor Department released a report on Tuesday showing U.S. producer prices climbed by more than expected in the month of July. The Labor Department said its producer price index for Read More →

Singapore's gross domestic product dropped 13.2 percent on year in the second quarter of 2020, the Ministry of Trade and Industry said in Tuesday's final report.Original Article Read More →