Monthly archive January, 2023

Hong Kong's consumer price inflation increased at the end of the year amid rising vegetable and energy prices, data released by the Census and Statistics Department showed on Friday. The consumer price index, or CPI, climbed 2.0 percent year-over-year in Read More →

The National Association of Realtors released a report on Friday showing a continued decline in U.S. existing home sales in the month of December, although the decrease was much smaller than economists had expected. NAR said existing home sales slumped Read More →

The U.S. dollar turned in a mixed performance against its major counterparts on Friday, with traders weighing the latest batch of economic data from across the and comments from Fed officials.Original Article Read More →

South Korea's producer prices rose at the slowest annual pace in twenty months in December and the pace eased for a sixth month in a row, thanks to a let up in inflationary pressures in the manufacturing sector due to Read More →

The European Central Bank is set to continue its interest rate hikes for some time ahead as the minutes of the latest policy session in December revealed that many policymakers had sough a jumbo raise of 75 basis points due Read More →

The U.S. dollar shed ground against its major rivals on Wednesday, as bond yields fell amid expectations the Federal Reserve will slow the pace of interest rate hikes.Original Article Read More →