Monthly archive July, 2022

The U.S. dollar climbed higher against major counterparts on Tuesday with traders looking ahead to the Federal Reserve's interest rate decision amid signs of a slowing economy.Original Article Read More →

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

Germany's business confidence deteriorated to the lowest since mid-2020, adding to the fear of recession, survey results from the ifo Institute showed Monday. The business confidence index fell to 88.6 in July from a revised 92.2 in June. The score Read More →

Russia's central bank slashed its key interest rate by 150 basis points and signaled further reductions this year as companies need cheaper funding in the face of challenging external environment. The Board of Directors of Bank of Russia decided to Read More →

The UK private sector activity expanded at the weakest pace in nearly one-and-a-half years in July, primarily due to weaker demand conditions and ongoing capacity constraints, flash survey results from S&P Global showed on Friday. The Chartered Institute of Procurement Read More →

The U.S. dollar drifted lower on Friday, weighed down by data showing a contraction in U.S. business activity in the month of July, due to a slowdown in the services sector.Original Article Read More →