Monthly archive January, 2021

The U.S. dollar weakened against most of its peers on Tuesday as risk sentiment in the market improved amid hopes of further economic stimulus.Original Article Read More →

China's benchmark lending rates were left unchanged as widely expected, on Wednesday. The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent. The one-year and five-year loan prime Read More →

Reflecting concerns about rising material costs and the resurgence of the coronavirus, the National Association of Home Builders released a report on Wednesday showing an unexpected drop in U.S. homebuilder confidence in the month of January.Original Article Read More →

The U.S. dollar exhibited weakness against most of its peers on Wednesday amid increased risk appetite on hopes the new U.S. government under Joe Biden will come out with a big stimulus to bolster economic recovery.Original Article Read More →

UK consumer price inflation doubled in December on higher transport and recreation costs, data released by the Office for National Statistics showed on Wednesday. Inflation accelerated to 0.6 percent from 0.3 percent in November. The rate was above Read More →

German economic sentiment improved more-than-expected in January despite the uncertainty over the further course of the lockdown, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment climbed 6.8 Read More →