Monthly archive October, 2023

The UK wage growth slowed in the three months to August, signaling cooling labor market conditions and strengthened expectations that the Bank of England is unlikely to raise interest rates again to withstand wage-driven inflationary pressures. Average earnings excluding bonuses Read More →

Germany's ZEW investor confidence index rose sharply in October as financial market experts expectations improved on hopes of further easing in inflation and stability in interest rates, while the current assessment indicator set a new three-year low signaling that the Read More →

Safe haven demand for the U.S Dollar following the Middle east conflict boosted the greenback's fortunes in the beginning of the week spanning October 9 to October 13. The less-than-expected cooling in the consumer price inflation in the U.S. further Read More →

Reinstating the risk of deflation, China's consumer prices remained flat in September and producer prices continued to decline, official data revealed on Friday. Foreign trade data from the General Administration of Customs showed that exports declined again in September amid Read More →

The Labor Department released a report on Friday showing U.S. import prices inched up by much less than expected in the month of September, although the report also showed a bigger than expected increase in U.S. export prices.Original Article Read More →

The U.S. dollar is turning in a mixed performance against its major counterparts on Friday, after having climbed higher earlier in the day after hot inflation data raised expectations that the Federal Reserve will keep its monetary policy tight for Read More →