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Monthly archive April, 2022

China Exports Rise More Than Expected; Imports Drop Unexpectedly

China's exports grew more than expected in March and imports logged an unexpected fall largely due to the lockdown and supply chain disruptions, official data revealed on Wednesday. Exports grew 14.7 percent on a yearly basis in March, the General Read More →

Slowdown In U.S. Core Inflation Pulls Down Dollar

The U.S. dollar fell against its major counterparts in the European session on Tuesday, along with treasury yields, after a data showed that the nation's core inflation rose less-than-expected in March, reducing concerns over a more aggressive tightening of monetary Read More →

U.S. Dollar Seeing Modest Strength In Afternoon Trading

After fluctuating early in the day, the value of the U.S. has remained modestly higher in afternoon trading on Monday.Original Article Read More →

India Central Bank Holds Key Rates; Restores LAF Corridor

India's central bank left its key interest rates unchanged, as widely expected, on Friday and introduced the Standing Deposit Facility to absorb the excess liquidity. At the first bi-monthly meeting of the fiscal year, the Monetary Policy Committee of the Read More →

Russia Central Bank Unexpectedly Cuts Rate

Russia's central bank unexpectedly slashed its key rate by 300 basis points on Friday, citing challenging external conditions. At an unscheduled meeting, the Board of Directors of Bank of Russia decided to cut the benchmark rate to 17.00 percent from Read More →

U.S. Wholesale Inventories Surge More Than Expected In February

A report released by the Commerce Department on Friday showed wholesale inventories in the U.S. surged by more than expected in the month of February. The Commerce Department said wholesale inventories spiked by 2.5 percent in February after jumping by Read More →