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Monthly archive August, 2021

German ZEW Economic Confidence At 10-Month Low

German economic confidence deteriorated more-than-expected to a ten-month low in August, survey data from the ZEW - Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment for Germany fell to 40.4 from 63.3 in July. Read More →

Dollar Stays Mostly Firm Against Major Rivals

The U.S. Dollar climbed up against most of its major rivals on Tuesday, lifted by hawkish comments from Fed officials that signaled the central bank will start tapering its bond purchase program sometime soon.Original Article Read More →

U.S. Consumer Price Growth Matches Economist Estimates In July

Reflecting higher prices for shelter, food, energy, and new vehicles, 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 July. The Labor Department said its Read More →

Dollar Drifts Lower Against Major Rivals After Inflation Data

The U.S. dollar lost ground against its major rivals on Wednesday after data showed the nation's inflation slowed down in July.Original Article Read More →

Singapore Q2 GDP Spikes 14.7% On Year

Singapore's gross domestic product expanded 14.7 percent on year in the second quarter of 2021, the Ministry of Trade and Industry said in Wednesday's final report,Original Article Read More →

U.S. Labor Productivity Jumps 2.3% In Q2 But Misses Economist Estimates

Preliminary data released by the Labor Department on Tuesday showed labor productivity in the U.S. increased by much less than expected in the second quarter. The Labor Department said labor productivity jumped by 2.3 percent in the second quarter after Read More →