Monthly archive September, 2023

Japan's government retained its economic view on Tuesday as the economy is recovering at a moderate pace driven by improving employment and income situation but cautioned about the downside risk emanating from slowing global growth. In the monthly report, released Read More →

German business morale weakened for the tenth consecutive month in September to hit the lowest level in as many months as companies were less satisfied with their current situation amid the subdued economic activity, survey results from the ifo Institute Read More →

Japan's central bank left its massive monetary policy stimulus unchanged on Friday and policymakers remained dovish even as inflation continued to remain above the target and all major central banks are close to the end of their tightening cycle. The Read More →

House prices in Germany declined in the second quarter at the fastest pace since 2000, adding further evidence to the adverse impact of rising interest rates on the real estate market in the biggest euro area economy. Prices of residential Read More →

The U.S. dollar firmed against its major counterparts on Friday as weak PMI data from across the globe pushed up the demand for the safe-haven currency.Original Article Read More →

Despite a moderate improvement, the euro area private sector remained in the contraction territory in September, adding to fears of a recession in the second half of the year. The flash results of the purchasing managers' survey by S&P Global Read More →