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Monthly archive January, 2021

IMF Boosts Global Growth Forecast On Hopes Of Pandemic Turnaround

Global economy is set to expand at a faster rate this year than expected earlier as vaccination against the coronavirus could strengthen activity later this year, underpinned by further policy support, the International Monetary Fund said Tuesday.Original Article Read More →

European Economics Preview: Germany GfK Consumer Confidence Data Due

Consumer sentiment survey results from Germany and France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group Gfk is set to publish Germany's consumer sentiment survey data for Read More →

German Consumer Sentiment To Deteriorate Amid Lockdown: Gfk

German consumer confidence is set to deteriorate in February under the strict lockdown restrictions, survey results from the market research group GfK showed on Wednesday. The forward-looking consumer sentiment index dropped 8.1 points to -15.6 in February from -7.5 in Read More →

Fed Leaves Interest Rates, Pace Of Asset Purchases Unchanged

In its first monetary policy decision of the New Year, the Federal Reserve left interest rates unchanged as widely expected on Wednesday and revealed it plans to maintain its asset purchase program at the current pace.Original Article Read More →

U.S. Dollar Moves To The Upside Amid Sell-Off On Wall Street

After moving to the downside on Tuesday, the value of the U.S. dollar has shown a notable rebound during trading on Wednesday.Original Article Read More →

New Zealand Trade Surplus NZ$17 Million

New Zealand posted a merchandise trade surplus of NZ$17 million in December, Statistics New Zealand said on Thursday - following the NZ$252 million surplus in November.Original Article Read More →