Monthly archive March, 2023

Australia's consumer confidence remained unchanged near historical lows in March as rising interest rates continue to dampen households' near-term financial and economic expectations, survey data from Westpac showed on Tuesday. The consumer confidence index held steady at 78.5 in March. Read More →

Bank of Japan left its ultra-loose monetary policy stance unchanged on Friday in the final meeting led by Governor Haruhiko Kuroda, thus passing the baton to Kazuo Ueda who was just confirmed by the Japanese parliament Diet as his successor. Read More →

A closely watched report released by the Labor Department on Friday showed employment in the U.S. jumped by much more than expected in the month of February. The Labor Department said non-farm payroll employment shot up by 311,000 jobs in Read More →

The UK economy grew at the start of the year, after contracting in the previous month, led by the strong recovery in the services sector, preliminary figures from the Office for National Statistics showed Friday. Monthly gross domestic product rose Read More →

The U.S. dollar shed ground against its major counterparts on Friday after data showing a rise in the jobless rate and slower wage growth in February tempered expectations for a 50 basis point hike from the Fed this month.Original Read More →

The U.S. dollar fell against its major counterparts in the New York session on Friday, as jobs data showing a rise in the jobless rate and slower wage growth in February tempered expectations for a 50 basis point hike from Read More →