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South Korea January Current Account Surplus $3.05 Billion

South Korea posted a current account surplus of $3.05 billion in January, the Bank of Korea said on Friday - down from $7.41 billion in December.Original Article Read More →

European Economic News Preview: ECB Policy Announcement Due

The European Central Bank is set to keep its benchmark rates unchanged on Thursday as it awaits strong evidence of receding inflation. The ECB is slated to publish the monetary policy decision at 8.15 am ET. ECB Chief Christine Lagarde Read More →

U.S. Wholesale Inventories Dip More Than Expected In January

Wholesale inventories in the U.S. fell by more than expected in the month of January, according to a report released by the Commerce Department on Wednesday. The report said wholesale inventories dipped by 0.3 percent in January after climbing by Read More →

Dollar Loses Ground On Weak Economic Data

The U.S. dollar struggled to find support on Tuesday as weaker than expected economic data, including a reading on the nation's services sector activity, raised the possibility of a rate cut in June.Original Article Read More →

European Economic News Preview: Eurozone Final PMI Data

Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production data for January. Output is Read More →

Japan Govt Mulls Declaring End To Deflation – Kyodo

The Japanese government has began discussions over officially declaring an end to deflation, news agency Kyodo reported over the weekend, citing sources close to the matter. For this, the government will carefully examine the outcome of wage negotiations this spring Read More →