Monthly archive November, 2022

The U.S. dollar firmed against its major rivals on Monday on safe-haven demand after China saw a surge in Covid-19 cases and imposed stringent restrictions in several cities including Beijing and Shanghai.Original Article Read More →

China kept its main lending rates unchanged for the third straight month as the weakening yen impede the ability of the central bank to support slower economic growth. The People's Bank of China left its one-year loan prime rate, or Read More →

The U.S. dollar firmed against its major counterparts on Thursday, supported by hawkish comments from some Federal Reserve officials, including St. Louis Federal Reserve President James Bullard.Original Article Read More →

Existing home sales in the U.S. saw a substantial decrease in the month of October, according to a report released by the National Association of Realtors on Friday. NAR said existing home sales plummeted by 5.9 percent to an annual Read More →

A report released by the Conference Board on Friday showed a much bigger than expected decrease by its reading on leading U.S. economic indicators in the month of October. The Conference Board said its leading economic index slumped by 0.8 Read More →

Despite the rising cost of living, UK retail sales rebounded in October from the previous month when sales were reduced by the additional bank holiday, data from the Office for National Statistics showed Friday. Retail sales volumes advanced 0.6 percent Read More →