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Monthly archive June, 2021

Japan GDP Contracts 3.9% On Year In Q1

Japan's gross domestic product shrank an annualized 3.9 percent on year in the first quarter of 2021, the Cabinet Office said in Tuesday's final reading.Original Article Read More →

German ZEW Economic Confidence Weakens Unexpectedly In June

German economic sentiment weakened unexpectedly in June but financial market experts' assessment of current situation improved sharply, survey data from the ZEW - Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment dropped to 79.8 Read More →

Dollar Recovers From Recent Losses As Markets Await U.S. Inflation Data

The U.S. dollar gained a bit against its major counterparts on Tuesday, as traders looked ahead to the data on consumer inflation for the month of May, due later in the week.Original Article Read More →

China Inflation Rises; Factory Gate Inflation Fastest Since 2008

China's consumer price inflation rose less-than-expected in May, while factory gate price growth reached its highest level since 2008 on higher commodity prices. Consumer prices climbed 1.3 percent on a yearly basis in May versus a 0.9 percent rise in Read More →

Dollar Rebounds After Early Weakness, But Stays Somewhat Subdued

After drifting lower against its major counterparts in the Asian session on Wednesday, the U.S. dollar recovered gradually and pared some losses as the day progressed.Original Article Read More →

Germany Exports Growth Slows More Than Expected

Germany's exports growth eased more-than-expected in April and imports dropped for the first time in three months, data released by Destatis revealed on Wednesday. Exports rose only 0.3 percent month-on-month in April, after a 1.3 percent rise in March. Economists Read More →