According to the latest data published by the Swiss Federal Statistical Office showed on Tuesday, the country’s retail trade rebounded sharply from the coronavirus-imposed lockdown driven previous fall. Switzer...
In its latest report, the World Bank projected the Thai economy to shrink by at least 5% this year, in the face of the coronavirus pandemic. Key details “The economy will take more than two years to return to p...
According to the Goldman Sachs analyst, the US national face mask mandate could help reduce the daily growth rate of coronavirus cases and in turn substitute for lockdowns, which could have affected the GDP. Ke...
Dallas Fed Manufacturing Index rebounds sharply in June. Major equity indexes in the US trade in the positive territory. The economic activity in Texas’ manufacturing sector declined at a soft pace in Ju...
Pending Home Sales in the US rebounded sharply in May. Wall Street’s main indexes continue to trade mixed after the data. Pending Home Sales in the US rose by 44.3% on a monthly basis in May following A...
Raw Materials Price Index in Canada rose more than expected in May. USD/CAD trades with modest daily losses near 1.3670. “Prices for raw materials purchased by manufacturers operating in Canada, as meas...
HICP in Germany rose more than expected in June. EUR/USD pair clings to daily gains, stays below 1.1300. Inflation in Germany, as measured by the Consumer Price Index (CPI), jumped to 0.6% (preliminary) on a m...
Speaking in an interview on Times Radio, the UK Prime Minister (PM) Boris Johnson commented on the economic outlook while adding that economy stands resilient to this coronavirus crisis. Key quotes “This is goi...
According to a study conducted by Britain’s economic consultancy firm National Institute of Economic and Social Research (NIESR), the Kingdom’s Consumer Price Index (CPI) is understated by the Office for Nation...
The US economy is expected to contract by 16.3% in the second quarter before expanding by 1.5% in the third quarter, the Federal Reserve Bank of New York’s latest Nowcasting Report showed on Friday. R...
