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Latest Articles in economic data

Asian Shares Stuck In Holiday Lull, Bitcoin Powers Higher

Bitcoin surged yet again to a new record high after BNY Mellon said it will offer custodian services for cryptocurrencies. The dollar headed for a weekly loss

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North Korea's Trade With China Plunges 80% As COVID-19 Lockdown Bites

China is North Korea's top ally and accounts for some 90% of its trade volumes. Two-way trade plummeted nearly 80.7% to $539 million last year from 2019

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Brexit Deal Anticipation Fuels Global Stocks And Sterling

The FTSE 100 rose 0.07% while the more domestically-focused British mid-cap FTSE 250 index hit its highest levels since February, and UK small caps a record high.

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Gold Loses Sheen As Robust Dollar Weighs

Silver fell 1.5% to $24.05 per ounce, platinum rose 0.4% to $869.91 and palladium eased 0.3% to $2,215.24.

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Federal Reserve Policymakers Increasingly Divided On Way Ahead, Minutes Show

The readout of the meeting, released on Wednesday, also showed that the Fed agreed it would soon need to discuss increasing the size of its balance sheet following ructions in short-term money markets.

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Asian Units Up As Slowdown Fears Lift Hopes For Fed Rate Cuts

A current account surplus and strong foreign reserves have helped the baht, Asia's best-performing currency, but extended strength in the unit has put pressure on the export-reliant economy and prompted central bank moves to curb inflows.

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Nifty, Sensex End November On A High Ahead Of GDP Numbers

The broader NSE Nifty closed 0.17 per cent higher at 10,876.75, while the benchmark BSE Sensex ended up 0.07 per cent at 36,194.30

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Fed Expected To Keep Rates Unchanged, May Signal Year-end Hike

The US Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a hike by the end of the year

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Will Interest Rates Rise In The US In June 2016?

Initial claims for unemployment benefits, a proxy for layoffs, fell to a 42-year low in the week ended April 16; according to official data, initial claims for unemployment benefits fell by 6000 to a seasonally adjusted 247,000 in the week ended April 2016

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Gold Near Multi-Year Lows As US Data Supports Rate Hike View

Gold had seen some safe-haven bids earlier in the week after Turkey downed a Russian fighter jet, stoking tensions between the two countries, but have faded since as investors fretted over the US rate hike

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