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| This is a very important economic indicator. It presents the earliest look at consumer spending data and allows to make predictions about the country’s GDP. This year, the Australian dollar has been under pressure. If global trade tensions escalate, it will suffer even more. As the Reserve Bank of Australia is not going to raise an interest rate in the near future, the AUD can be only supported by the positive economic data. Let’s look if the figures are positive at 4:30 MT time on April 4. |
In 2017, Spanish GDP per capita at purchasing power parity managed to surpass Italy’s one for the first time since 1998, as follows from a report issued by the International Monetary Fund…
In Japan, consumer prices excluding fresh food, which is the major inflation indicator, closely watched by the country's major financial institution, headed north by approximately 0…
Active lending to companies, soaring consumer spending along with the improving labor market – all of this indicate that the US economy will keep surging, with the only negative factor being the risk of a trade conflict, as the Federal Reserve informed…
Traders are impatiently waiting for the European Central Bank’s meeting on October 26…
On Friday, the evergreen buck held strength in Asia because the Japanese yen was affected by weaker than anticipated prices data…
On Tuesday, gold rose in Asia, reacting to a deadly recent explosion at a concert venue in Manchester…
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