Monthly archive June, 2023

Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to rise to 4.0 Read More →

A report released by the Commerce Department on Thursday showed a slight decrease in U.S. wholesale inventories in the month of April. The Commerce Department said wholesale inventories edged down by 0.1 percent in April after dipping by a revised Read More →

Industrial production from Italy is the only major statistical report due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway is scheduled to issue consumer price data for May. Consumer price inflation Read More →

China's consumer price inflation increased in May but remained very weak and factory gate prices declined the most in more than seven years, leaving the door open for monetary policy easing to support the struggling economy. Consumer price inflation rose Read More →

After moving notably lower during trading on Thursday, the value of the U.S. dollar has shown a modest move back to the upside during trading on Friday.Original Article Read More →

The Bank of Russia left its key interest rate unchanged again on Friday but the forward guidance turned hawkish in the face of rising inflationary pressures. The Board of Directors of the Bank of Russia, led by Governor Elvira Nabiullina, Read More →