Monthly archive October, 2021

The U.S. dollar shed ground against most of its major rivals on Wednesday after data showed a sharper than expected acceleration in U.S. consumer price inflation in the month of September.Original Article Read More →

Consumer prices in the U.S. increased by slightly more than anticipated in the month of September, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index climbed by 0.4 percent in Read More →

The International Monetary Fund on Tuesday said the global economic recovery is continuing, but the momentum has weakened due the resurgence of the Covid-19 pandemic triggered by the Delta variant.Original Article Read More →

Australia's central bank left its monetary policy unchanged as policymakers expect the downturn caused by the Delta outbreak to be only temporary. The policy board of the Reserve Bank of Australia headed by Governor Philip Lowe decided to leave its Read More →

Eurozone private sector growth moderated for the second straight month as shortages of inputs impeded both manufacturing and service sector output, final data from IHS Markit showed on Tuesday. The final composite output index fell to 56.2 in September from Read More →

The UK service sector continued to expand in September but severe supply constraints lifted inflationary pressures, final survey data from IHS Markit showed on Tuesday. The Chartered Institute of Procurement & Supply final services Purchasing Managers' Index registered 55.4 in Read More →