Monthly archive June, 2022

The Conference Board released a report on Friday showing a continued decrease by its reading on leading U.S. economic indicators in the month of May. The report showed the Conference Board's leading economic index fell by 0.4 percent in May, Read More →

The U.S. dollar drifted lower against most of its major counterparts on Thursday as traders digested the Federal Reserve's decision to hike interest rates by 75 basis points.Original Article Read More →

The monetary policy announcements from the Bank of England and the Swiss National Bank are due on Thursday. The BoE is widely expected to raise its interest rates for a fifth policy session in a row amid surging inflation. The Read More →

China industrial production logged a mild recovery in May and retail sales fell less than expected with the gradual relaxation of pandemic-related restrictions, official data showed on Wednesday. According to the National Bureau of Statistics, industrial production rose 0.7 percent Read More →

The Bank of Japan conducted additional bond purchases on Tuesday as the policy tightening stance by major central banks put pressure on the 0.25 percent yield cap on Japanese government bonds. "The Bank will make changes in the auction schedule Read More →

The U.S. dollar firmed against other major counterparts on Monday amid bets on sharper interest rate hikes from the Federal Reserve to tame soaring inflation.Original Article Read More →