Monthly archive October, 2021

Bank of Korea maintained its key interest rate on Tuesday but signaled a rate hike as early as in November to rein in high inflation and household debt. The Monetary Policy Board of the Bank of Korea decided to leave Read More →

German economic confidence deteriorated for the fifth consecutive month to hit the lowest since March 2020 amid supply bottleneck and higher input prices, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Read More →

Monthly GDP estimate from the UK and industrial production from euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial and construction Read More →

China's exports growth accelerated unexpectedly in September despite power shortages and supply bottlenecks weighing on production, official data showed on Wednesday. Exports grew 28.1 percent annually after expanding 25.6 percent in August, data from the General Administration of Customs revealed. Read More →

Underpinned by services and production, the UK economy expanded in August after contracting for the first time in six months in July, the Office for National Statistics reported Wednesday. Gross domestic product grew 0.4 percent on month, but slightly slower Read More →

The Federal Reserve on Wednesday released the minutes of its September monetary policy meeting, shedding some additional light on the central bank's assessment that a moderation in the pace of asset purchases may "soon be warranted."Original Article Read More →