Menu

Monthly archive April, 2022

Dollar Firms Against Peers After Powell Hints At Steep Rate Hikes

After dropping to a one-week low, the U.S. dollar rebounded on Thursday, riding on comments from Federal Reserve Chief Jerome Powell that signaled a series of rate hikes, including a 50-basis points raise.Original Article Read More →

European Economics Preview: Eurozone Final HICP Data Due

Final harmonized inflation from eurozone and business confidence survey results from France are the major statistical reports due on Thursday. At 2.45 am ET, France's statistical office releases business confidence survey results. Economists forecast the index to fall marginally to Read More →

U.S. Existing Home Sales Extend Pullback In March

After reporting a sharp pullback in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Wednesday showing existing home sales saw further downside in the month of March.Original Article Read More →

Dollar Rises To Fresh 2-year High On Rate Hike Hopes

The U.S. dollar climbed to a fresh two-year high on Tuesday amid rising expectations the Fed would announce a series of steep rate hikes this year.Original Article Read More →

Dollar Gains Against Peers On Rate Hikes Bets

The U.S. dollar climbed higher against its major counterparts on Monday amid expectations the Federal Reserve will announce a series of steep rate hikes this year to combat inflation.Original Article Read More →

China GDP Logs Moderate Growth In Q1

China's economy logged a moderate growth in the first quarter amid the COVID-19 pandemic restrictions hitting consumption and heightened geopolitical risks, data from the National Bureau of Statistics revealed on Monday. Gross domestic product grew at a pace of 4.8 Read More →