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Monthly archive April, 2023

Dollar Rises Against Major Rivals

The U.S. dollar climbed higher against its major rivals on Tuesday as concerns about banking sector woes and caution ahead of key earnings updates pushed up the demand for the safe-haven currency.Original Article Read More →

European Economic News Preview: UK Public Sector Finance Data Due

Public sector finance data from the UK is the top economic news due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK public sector Read More →

Dollar Index Rebounds Amidst Fed Jitters

Currency movements during the week spanning April 17-21 were to a great extent dominated by fears over how hawkish the Fed and other central banks would be in hiking interest rates to tame inflation.Original Article Read More →

Eurozone Consumer Confidence Strongest In 14 Months

Euro area consumers were less pessimistic in April and the consumer sentiment index rose faster than expected to its highest level in over a year, preliminary data from the European Commission showed Thursday. The flash consumer confidence index rose to Read More →

UK Retail Sales Fall Amid Rainy Weather, High Inflation

UK retail sales declined more than expected in March, as Britons shopped less amid the rainy weather and also due to high inflation that is pushing up the cost of living and has added strength to the case for yet Read More →

UK Private Sector Growth Hits 1-Year High

The UK private sector expanded for the third successive month in April to the strongest level in a year, driven by a sharp upturn in the services economy, while manufacturing remained in the contraction zone, flash survey results from S&P Read More →