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Bank Of England Keeps Rate On Hold For Fifth Time

The Bank of England maintained its key policy rate for the fifth straight session on Thursday, with no members seeking a hike as inflation is expected to ease faster than expected. The Monetary Policy Committee, led by Governor Andrew Bailey, Read More →

Philly Fed Index Edges Lower But Remains Positive In March

The Federal Reserve Bank of Philadelphia released a report on Thursday showing a modest slowdown in the pace of growth in regional manufacturing activity in the month of March. The Philly Fed said its diffusion index for current general activity Read More →

Dollar Rises On Strong Economic Data

The U.S. dollar climbed higher on Thursday, lifted by encouraging economic data, including jobless claims report, and an unexpected increase in existing home sales.Original Article Read More →

UK Retail Sales Stable Amid Wet Weather

UK retail sales steadied in February after rebounding at the start of the year, as poor weather lead to a reduction in footfall, data released by the Office for National Statistics showed on Friday. Retail sales were unchanged from January, Read More →

German Ifo Business Confidence Brightens In March

Business confidence in Germany improved in March on stronger expectations and better assessment of the current conditions, survey results from the ifo Institute showed on Friday. The business sentiment index rose more-than-expected to 87.8 from an upwardly revised 85.7 in Read More →

U.S. Leading Economic Index Unexpectedly Increases For First Time In Two Years

A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators unexpectedly increased for the first time in two years in February. The Conference Board said its leading economic index inched up by 0.1 Read More →