Monthly archive April, 2022

South Korea's gross domestic product gained a seasonally adjusted 0.7 percent on quarter in the first three months of 2022, the Bank of Korea said in Tuesday's advance estimate.Original Article Read More →

The euro was lower against its most major counterparts during European deals on Monday, as cheer about French President Emmanuel Macron's reelection was outweighed by concerns about the U.S. Federal Reserve's rapid policy tightening, as well as a spike in Read More →

Euro area consumer confidence unexpectedly improved in April, after falling sharply in the previous month, yet remained in the negative territory indicating pessimism, preliminary figures from the European Commission showed Thursday.Original Article Read More →

UK retail sales declined more than expected in March and the falling trend is likely to continue as consumer confidence fell near record low in April amid rising inflation and interest rates. Retail sales dropped 1.4 percent on a monthly Read More →

The U.S. dollar firmed against its major peers on Friday as treasury yields rose after Federal Reserve Chair Jerome Powell said he saw merit in "front-end loading" policy moves and indicated a 50 basis point rate hike would be on Read More →

Eurozone private sector grew the most in seven months in April as the relaxation of pandemic-related restrictions revived services demand offsetting the impact of the slowdown in the manufacturing sector, a closely watched survey showed on Friday. The flash S&P Read More →