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Monthly archive July, 2022

Dollar Remains Subdued After Jobs Data

The U.S. dollar swung between gains and losses on Friday after data showed a bigger than expected increase in U.S. non-farm payrolls in the month of June.Original Article Read More →

U.S. Employment Jumps By 372,000 Jobs In June, More Than Expected

A closely watched report released by the Labor Department on Friday showed U.S. job growth exceeded economist estimates in the month of June. The Labor Department said non-farm payroll employment jumped by 372,000 jobs in June after surging by a Read More →

Germany Industrial Output Growth Eases More Than Expected

Germany's industrial production growth slowed more than expected in May on supply shortages, raising fears of recession, data from Destatis revealed on Thursday. Industrial production grew 0.2 percent in May from April, when output was up by revised 1.3 percent. Read More →

South Korea Posts $3.86 Billion Current Account Surplus In May

South Korea had a current account surplus of $3.86 billion in May, the Bank of Korea said on Thursday - following the $0.08 billion shortfall in April.Original Article Read More →

Malaysia Central Bank Hikes Rate Again By 25 Bps

Malaysia's central bank raised its key interest rate by a quarter-point for the second straight meeting on Wednesday and signaled a gradual tightening going forward. The Monetary Policy Committee of Bank Negara Malaysia decided to increase the benchmark Read More →

UK Service Sector Growth Improves In June

UK service providers reported a faster growth in activity in June despite cost of living concerns and a weak economic outlook, final data from S&P Global showed on Tuesday. The headline S&P Global/Chartered Institute of Procurement & Supply final services Read More →