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Monthly archive September, 2020

China’s Manufacturing Sector Logs Robust Growth

China's manufacturing sector logged a strong momentum in September driven by robust domestic and foreign demand after the easing of lockdown measures, survey data from IHS Markit showed Wednesday. The Caixin manufacturing Purchasing Managers' Index edged down to 53.0 in Read More →

Eurozone Economic Sentiment At 6-Month High

Eurozone economic confidence index reached a six-month high in September driven by waning pessimism in industry, retail trade, construction and services, survey data from the European Commission showed Tuesday. The economic confidence index rose to 91.1 in September from 87.5 Read More →

Riksbank Sees Repo Rate At Zero In Coming Years

Sweden's central bank left its key interest rate unchanged at zero and maintained asset purchases and liquidity provisions on Tuesday, and reiterated that the rate will remain at the current level in the coming years in the backdrop of the Read More →

U.S. Existing Home Sales Jump To Nearly 14-Year High In August

Existing home sales in the U.S. climbed to their highest level in nearly fourteen years in the month of August, according to a report released by the National Association of Realtors on Tuesday.Original Article Read More →

Dollar Extends Uptick

The U.S. dollar extended recent gains on Tuesday, hitting multi-week highs against Swiss franc and the Euro, as risk appetite waned further.Original Article Read More →

New Zealand Central Bank Holds Rate; Signals Further Easing

New Zealand central bank central bank left its key rate and asset purchase programme unchanged on Wednesday but agreed to provide additional stimulus as the outbreak of the coronavirus in August has dented confidence among firms and households. The Monetary Read More →