Monthly archive March, 2022

The UK economy expanded more than initially estimated in the fourth quarter, reflecting the revisions across the service sector, data from the Office for National Statistics showed on Thursday. Gross domestic product grew 1.3 percent sequentially in the fourth quarter, Read More →

Private sector employment in the U.S. increased by slightly more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment jumped by 455,000 jobs in March after Read More →

The U.S. dollar shed ground against most of its major rivals on Tuesday as reports about progress in Russia-Ukraine cease-fire talks dimmed the demand for the safe-haven currency.Original Article Read More →

The U.S. dollar scored solid gains against some of its peers on Monday as Treasury yields rose amid expectations of aggressive rate hikes and policy tightening by the Federal Reserve.Original Article Read More →

The Bank of Japan offered to buy unlimited amount of 10-year Japanese Government Bonds after yields rose to the upper end of the target range. In a statement released Monday, the central bank said it will buy unlimited amount of Read More →

UK retail sales dropped unexpectedly in February as people returned to work with the easing of restrictions and the online shopping declined, data from the Office for National Statistics revealed on Friday. The retail sales volume dropped 0.3 percent month-on-month, Read More →