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Monthly archive September, 2021

Australia Central Bank Holds Rate At Record Low; Confirms Tapering

Australia's central bank decided to keep its key interest rate unchanged at a record low and confirmed to taper its bond purchases. The policy board of the Reserve Bank of Australia headed by Governor Philip Lowe decided to leave its Read More →

China Exports & Imports Log Sharp Growth

China's exports and imports logged sharp growth in August despite COVID-related port closures, official data showed on Tuesday. Data released by the General Administration of Customs revealed that exports advanced 25.6 percent year-on-year in August, bigger than the economists' forecast Read More →

UK House Price Inflation Slows, Average Price At Record: Halifax

UK house price annual inflation slowed further in August, but the average price for a residential property hit a fresh record high, survey data from the Lloyds Bank subsidiary Halifax showed Tuesday.Original Article Read More →

German ZEW Economic Confidence Continues To Fall

German economic confidence weakened for the fourth consecutive month in September as the global chip shortage as well as short supply of construction materials weighed on profit expectations, survey results from the ZEW - Leibniz Centre for European Economic Research Read More →

Eurozone GDP Growth Exceeds Initial Estimate In Q2

The euro area recovered at a faster-than-estimated pace in the second quarter from the Covid-driven downturn, revised data from Eurostat showed on Tuesday. Gross domestic product grew 2.2 percent sequentially in the second quarter, bigger than the initial estimate of Read More →

Fed’s Beige Book Says U.S. Economic Growth Downshifted Slightly

Economic growth downshifted slightly to a moderate pace in early July through August, according to the Federal Reserve's Beige Book released on Wednesday. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed Read More →