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Monthly archive March, 2021

U.S. Industrial Production Unexpectedly Slumps 2.2% In February

With steep drops in manufacturing and mining output more than offsetting a sharp increase in utilities output, the Federal Reserve released a report on Tuesday showing an unexpected slump in U.S. industrial production in the month of February. The Fed Read More →

Dollar Turns In Lackluster Performance Against Peers

The U.S. dollar turned in a somewhat sluggish performance against most of its peers on Tuesday as markets looked ahead to the Federal Reserve's monetary policy announcement.Original Article Read More →

Japan February Trade Surplus Y217.381 Billion

Japan posted a merchandise trade surplus of 217.381 billion yen in February, the Ministry of Finance said on Wednesday - down 80.5 percent on year.Original Article Read More →

Singapore Non-Oil Exports Spike 8.2% On Month In February

The value of non-oil domestic exports (NODX) in Singapore climbed a seasonally adjusted 8.2 percent on month in February, Enterprise Singapore said on Wednesday.Original Article Read More →

U.S. Housing Starts Plunge 10.3% In February, Pulling Back Further Off 14-Year High

New residential construction in the U.S. showed a substantial decrease in the month of February, according to a report released by the Commerce Department on Wednesday, with housing starts extending the sharp pullback seen in the previous month.Original Article Read More →

Fed Still Expects Interest Rates To Remain Unchanged Through 2023

Updated projections show members of the Federal Reserve expect stronger economic growth and higher inflation this year, although the central bank still expects to keep interest rates at near-zero levels through 2023.Original Article Read More →