Monthly archive February, 2021

Wage prices in Australia climbed 1.4 percent on year in the fourth quarter of 2020, the Australian Bureau of Statistics said on Wednesday -beating forecasts for an increase of 1.1 percent after the 1.4 percent gain in the previous three Read More →

The Monetary Policy Committee of the Reserve Bank of New Zealand on Wednesday decided to keep its Official Cash Rate unchanged at the record low of 0.25 percent, in line with expectations.Original Article Read More →

The Hong Kong government plans to spend HK$120 billion to alleviate the hardship and pressure caused by the coronavirus pandemic, Financial Secretary Paul Chan said in his 2021-22 budget speech on Wednesday. The economy shrank 6.1 percent in 2020, which Read More →

The German economy grew more than initially estimated in the fourth quarter driven by construction investment and exports, revised data from Destatis showed on Wednesday. Gross domestic product grew 0.3 percent sequentially in the fourth quarter instead of 0.1 Read More →

The U.S. dollar recovered after early weakness on Wednesday but started losing ground past noon, weighed down by remarks by the Federal Reserve Chairman Jerome Powell that interest rates will remain at near-zero levels for the foreseeable future.Original Article Read More →

Data released by the Commerce Department on Wednesday showed a much bigger than expected jump in new home sales in the U.S. in the month of January. The Commerce Department said new home sales spiked by 4.3 percent to an Read More →