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India Raises Key Rates For First Time Since Early 2014

India's central bank raised its key interest rates, for the first time since 2014, on rising upside risks to inflation outlook amid strong economic growth. The Monetary Policy Committee of the Reserve Bank of India, on Wednesday, unanimously decided to Read More →

Euro stands tall; bullish sentiment held back as investors mull trade war ongoings

Asia lacked conviction this morning, with the major equity indices looking mixed although the majority of inidcies were mostly marginally higher up to the time of writing. Ths situation and handover from the US counterparts was very much the same.

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U.S. Service Sector Growth Accelerates More Than Expected In May

Activity in the U.S. service sector grew at a faster than expected rate in the month of May, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its non-manufacturing index climbed to 58.6 Read More →

South Korea April Current Account Surplus Slips To $1.77 Billion

South Korea posted a current account surplus of $1.77 billion in April, the Bank of Korea said on Tuesday - down from the $5.18 billion surplus in March.Original Article Read More →

Cryptocurrency Daily Roundup – May 31

Bitcoin continued to build on its rising trend witnessed from a day earlier on Thursday. The leading cryptocurrency rebounded to above $7,500 after a weak start to the week. Here is a wrap of the main news from cryptocurrency and Read More →

U.S. To Impose Steel, Aluminum Tariffs On Canada, Mexico, And EU

Commerce Secretary Wilbur Ross announced Thursday the U.S. will impose tariffs on steel and aluminum imports from Canada, Mexico, and the European Union.Original Article Read More →