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Monthly archive April, 2023

European Economic News Preview: Italy Final CPI Data Due

Final consumer and harmonized price data from Italy is the only major economic report due on Monday. At 2.00 am ET, Statistics Norway is scheduled to issue foreign trade data for March. At 4.00 am ET, Italy's Istat publishes final Read More →

U.S. Consumer Sentiment Improves April, Year-Ahead Inflation Expectations Jump

Preliminary data released by the University of Michigan on Friday showed a modest improvement in U.S. consumer sentiment in the month of April. The report showed the consumer sentiment index rose to 63.5 in April from 62.0 in March. Economists Read More →

U.S. Business Inventories Rise 0.2% In February, Slightly Less Than Expected

Business inventories in the U.S. saw a modest increase in the month of February, according to a report released by the Commerce Department on Friday. The Commerce Department said business inventories edged up by 0.2 percent in February after slipping Read More →

Dollar Rebounds Against Major Counterparts On Rate Hike Bets

The U.S. dollar firmed against most of its major counterparts on Friday, rebounding from recent losses amid bets the Federal Reserve will continue to hike interest rates.Original Article Read More →

Monetary Authority Of Singapore Pauses Policy Tightening

Singapore's central bank kept its policy stance unchanged on Friday as policymakers assessed that the past five successive tightening was sufficient to curb imported inflation and to bring medium-term price stability. The Monetary Authority of Singapore, or MAS, decided to Read More →

U.S. Dollar Falls As Producer Inflation Cools

The U.S. dollar depreciated against its major counterparts in the New York session on Thursday, as the nation's producer prices fell unexpectedly in March, strengthening expectations that the Federal Reserve will end its tightening cycle soon.Original Article Read More →