Monthly archive February, 2021

Federal Reserve Chair Jerome Powell said Wednesday that maintaining "patiently accommodative monetary policy" will be important to returning to a strong labor market but argued more needs to be done.Original Article Read More →

The total number of building permits issued in Australia climbed a seasonally adjusted 10.9 percent on month in December, the Australian Bureau of Statistics said on Wednesday - standing at 19,537.Original Article Read More →

Germany's exports managed to grow in December, despite restrictions imposed to contain the coronavirus pandemic, underpinned by demand from China and the U.S. data from Destatis revealed on Tuesday. Exports gained 0.1 percent on month, slower than the 2.3 percent Read More →

Due to the restrictions related to Covid-19, the euro area economy contracted in the fourth quarter after bouncing back in the preceding three months, preliminary flash estimate published by Eurostat showed on Tuesday. Gross domestic product fell 0.7 percent sequentially, Read More →

Flash consumer prices and final composite Purchasing Managers' survey results are due from euro area on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, the Turkish Statistical Institute releases consumer and producer price figures Read More →

China's service sector growth slowed at the start of the year as demand was dampened by the ongoing Covid-19 pandemic, survey results from IHS Markit showed on Wednesday. The Caixin services Purchasing Managers' Index fell to 52.0 in Read More →