Monthly archive April, 2023

Eurozone private sector activity expanded at the fastest pace in nearly a year in April, driven by the reviving demand in the service sector and was accompanied by a sharp increase in employment amid a moderation in inflationary pressures and Read More →

The U.S. dollar drifted lower against some of its major counterparts on Thursday after data showed a bigger-than-expected increase in first-time jobless claims in the U.S. last week.Original Article Read More →

China's central bank maintained its benchmark rates unchanged on Thursday, as widely expected, as the economy logged a strong growth after the unwinding of zero-Covid policy. The People's Bank of China left its one-year loan prime rate, or LPR, unchanged Read More →

European passenger car registrations signaled further strong expansion at the end of the first quarter driven by sharp increases in the four major markets and the ever rising demand for electric cars, monthly data from the Brussels-based European Automobile Manufacturers' Read More →

Indonesia's central bank held its interest rates steady for the third successive meeting on Tuesday and signaled that they will remain unchanged for the rest of the year as policymakers assessed that the current level of interest rates is sufficient Read More →

The U.S. dollar gained against its major counterparts on Monday amid bets the Federal Reserve will raise interest rates next month, and that any cut in rates is likely only later this year.Original Article Read More →