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Monthly archive April, 2022

Eurozone Economy Grows In Q1, Inflation Sets New High

Eurozone economy grew in the first quarter of the year, while inflation continued to accelerate to set a new record high, presenting a complicated outlook to the European Central Bank that is trying to end stimulus and start raising rates Read More →

Dollar Retreats Slightly From Recent High, Loses Ground Against Some Counterparts

The U.S. dollar turned a bit weak against some of its major counterparts on Friday, and dropped down from a near 20-year high touched a day earlier, due largely to some profit taking.Original Article Read More →

South Korea Industrial Production Rises 1.3% In March

Industrial output in South Korea climbed a seasonally adjusted 1.3 percent on month in March, Statistics Korea said on Friday.Original Article Read More →

Riksbank Lifts Key Rate; Signals More Hikes

Sweden's central bank raised its key interest rate and decided to reduce the size of balance sheet in the second half of the year, taking a U-turn from its dovish stance. The Executive Board of Riksbank decided to Read More →

U.S. Pending Home Sales Decrease For Fifth Straight Month In March

Pending home sales in the U.S. decreased for the fifth straight month in March, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales slumped by 1.2 percent to 103.7 in Read More →

Dollar Marches On, Scores Strong Gains Over Major Rivals

The U.S. dollar traded firm against its major counterparts on Tuesday as concerns about economic slowdown in China and rising expectations about sharper rate hikes from the Federal Reserve pushed up the demand for the currency.Original Article Read More →