Fed Sees Gradual Rate Hikes Federal Reserve Chairman Jerome Powell on Tuesday said the apex bank will stick to its gradual interest rate hike “for now”...
New Zealand Inflation Undershoots Expectations Inflationary pressures in New Zealand undershot expectations in the June quarter, cementing the view that official interest rate settings from the...
US Retail Sales Boost Economic Outlook Consumer spending surged in June as households increased spending on automobiles and a range of other items, supporting economists’ projection for broad...
Chinese Economy Dips Slightly in Q2 The world’s second-largest economy, China, grew at a softer pace in the second quarter of the year as the trade...
Dollar Pauses Near Six-month Top Ahead of Big Economic Indicators Major currencies held around recent ranges on Monday thanks to a lull in China-U.S. trade skirmishing...
US Inflation Advances to 6-year High US consumer prices grew in June at the fastest pace in more than six years, boosted by expensive gas, higher...
Dollar Holds Firm Against Yen, Major Peers on Strong U.S. Inflation The dollar rose to a six-month high against the yen and steadied against other major...
UK Economy Brightens as Bank of England Nears Rate Decision Britain’s economy picked up a bit of speed in May after slowing in early 2018, according...
CBN Boosts Forex Market With Fresh $210m The Central Bank of Nigeria has injected another sum of $210m into the interbank foreign exchange market. The CBN...
UK Construction PMI Rises to 7-month High UK construction activity expanded in June following the surge in commercial building and residential work. Construction Purchase Managers’ Index...