Early this morning the Malaysian currency, ringgit, plunged to 17 year low. Its lowest since the 1998 Asian financial crisis. The currency fell as much as...
The People’s bank of China cut Yuan’s daily fix rate by 1.9 percent early this morning after International Monetary Fund (IMF) reportedly delayed a decision to...
The U.K Monetary Policy Committee (MPC) voted to keep the current rate at 0.5 percent. According to the minutes, 8 of the members voted in support...
German Factory Orders surge to 2 percent from -0.3 percent recorded for last month. The data corresponded with analysts’ opinion that weaker Euro would lead to...
Automatic Data Processing (ADP) that estimates the change in the number of employed people excluding the farming industry and government during the previous month shows companies...
Australian Monetary Policy meeting led by Governor Glenn Stevens decides to leave the cash rate unchanged at 2.0 percent. According to the statement, the global economy...
The governor of the Central Bank of Nigeria (CBN), Mr. Godwin Ifeanyi Emefiele said the apex bank may increase the number of items excluded from funding...
UK manufacturing PMI surge 0.5 from the previous month to 51.9. The manufacturing purchasing manager’s index rose up from 26 month low of 51.5 in June,...
The number of new applicants filing for unemployment benefits in the U.S dropped to 255,000 beating the projected 279,000 by economists. The figure came out 281,000...
The UK Monetary Policy Committee (MPC) voted to hold current bank rates at 0.5 percent, the minutes show that no member of the MPC voted in...