Fed is braced for lifting interest rates
The Fed’s widely expected to have its benchmark interest rate lifted already this week because of a tightening labor market…
Forex News
Key information updates for profitable trading
American Treasury discloses financial reforms
On Monday, the US Treasury Department disclosed a sweeping plan on Monday to radically alter the country's financial regulatory framework…
British consumer spending goes down for the first time in almost 4 years
The previous month British consumers reduced their spending for the first time in almost four years as data from credit card company Visa revealed…
In April British manufacturing output soars less than expected
In April, manufacturing and industrial production in Great Britain leapt less than expected, thus underlining worries over the UK economy notwithstanding breaking three straight months of dips, as official data disclosed on Friday…
China's dropping factory gate prices suggest broader economic slowdown
In May, China's producer price inflation went down for the third straight month on sliding prices of raw materials, indicating a broader decline in economic activity as revenues are squeezed by slackening domestic demand as well as soaring financing…
China May imports and exports surpass forecasts
China posted stronger-than-anticipated imports and exports for May notwithstanding sagging commodity prices…
Japan's first quarter surge is halved by crude inventory squeeze
Japan's economic surge went down during the first quarter than previously estimated, as the Cabinet Office told, though experts made light of the dip as a "one-off" adjustment in crude inventories, which wouldn’t affect revival…
Resolution scheme of Banco Popular is officially approved by European Commission
The European Commission has officially approved a resolution scheme of Spain's Banco Popular Espanol built around a proposal prepared by the Single Resolution Board, as the Commission informed in its statement on Wednesday…
Euro zone investor morale goes up to the highest level in a decade
In June, investor sentiment in the euro zone tacked on to its highest value in almost a decade, backed by upbeat economic reports from the single currency bloc, as a survey disclosed on Tuesday…
China May data demonstrates stable surge as exports stay solid
China's economy has managed to remain on a steady footing, buoyed by solid revenues in trade as well as investment because economic ties with the USA take a positive turn, while infrastructure spending cushions domestic surge…
Japan's services sector goes up at the fastest pace in nearly two years
In May, activity in Japan's services sector managed to expand at the fastest pace in nearly two years, as a private survey disclosed on Monday…
