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Monthly archive February, 2021

Dollar Mostly Subdued Against Peers

The U.S. dollar slipped after exhibiting some strength in the Asian session on Thursday, but despite recovering by late morning, struggled to hold gains.Original Article Read More →

European Economics Preview: Germany’s Final CPI Data Due

Final consumer prices from Germany and industrial production from France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue final consumer prices for January. According to preliminary Read More →

China’s Inflation Turns Negative; PPI Rises For First Time In A Year

China's consumer price inflation returned to negative territory at the start of the year due to seasonal factors, while producer prices climbed for the first time in a year on higher raw material cost, data from the National Bureau of Read More →

Sweden Central Bank Keeps Rate, QE Unchanged

Sweden's central bank maintained its key interest rate and the asset purchase programme, in order to facilitate the recovery and bring inflation back to the target. The Executive Board of Riksbank decided to hold the repo rate at zero percent. Read More →

U.S. Consumer Prices Rise 0.3% Amid Continued Spike In Gas Prices

With gasoline prices continuing to spike, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with economist estimates in the month of January. The Labor Department said its consumer price index rose Read More →

Dollar Stays Subdued Despite Recovering From Early Weakness

After falling against other major currencies in the Asian session, the U.S. dollar recovered and pared most of its losses as the day progressed on Wednesday.Original Article Read More →