Tag: Economic indicators
USD remains steady near highs despite Michigan survey miss.USD holds steady despite Michigan...
The recent Michigan survey numbers came in weaker than expected, causing a bit of disappointment in the market. Despite this, the US dollar has managed to hold steady and is currently trading near its...
Markets Week Ahead: Fed, BoJ Rate Decisions, Nasdaq, Gold, Bitcoin
The upcoming week in the markets is set to be full of important economic data and events, including key announcements such as UK employment data, US inflation numbers, Australian employment figures, and US Producer...
Gulf Markets See Mixed Reactions As Investors Eye US Inflation Data
Gulf markets have shown mixed reactions recently as investors keep a close eye on upcoming US inflation data. In Saudi Arabia, the market saw a 0.7% decline, with key stocks like Al Rajhi Bank...
Japan’s economy is shrinking, although slightly less than previously thought
Japan's Economy Sees Slight Contraction in First QuarterUpdated 11:45 AM GMT, May 6, 2021TOKYO (AP) — Recent government data reveals that Japan's economy contracted by 1.8% in the first quarter of this year, a...
Treasury yields rise as investors look to Fed meeting, inflation data
Treasury Yields Surge Ahead of Fed Meeting and Inflation DataU.S. Treasury yields saw an increase on Monday as investors eagerly anticipated the upcoming Federal Reserve monetary policy meeting and the release of key inflation...
African Markets – Factors to watch on June 10
Newsworthy Title: African Markets Update for June 10Events in Africa
On June 10, Tanzania and Rwanda are set to release their consumer inflation data for May, providing key insights into the economic conditions in these...
SET index could slip further amid BoT spat
SET Index Faces Potential Decline Amid Bank of Thailand DisputeThe Stock Exchange of Thailand (SET) index is at risk of slipping below 1,300 points following a recent plunge to a four-year low. The uncertainty...
Vietnam’s May CPI up 0.05% MoM, 4.44% YoY: GSO
Vietnam's May CPI Rises Slightly: What Does This Mean for Consumers?In the latest report from Vietnam's General Statistics Office (GSO), it was announced that the country's consumer price index (CPI) for May increased by...
Opinion: Time for a tune-up as NZ’s economic engine sputters
Education Crisis: Decline in Kiwi Students' SkillsIn a recent report by Oliver Hartwich, executive director of The New Zealand Initiative, it has been highlighted that Kiwi students' math, science, and reading skills have been...
Some Good News for Bond Traders Stuck in Fed Waiting Game
Breaking News: Treasury Department Launches Buybacks to Support Bond TradersIn a significant development for bond traders anxiously awaiting Federal Reserve rate policy decisions, the Treasury Department has announced the launch of buybacks targeting seasoned...
GLOBAL MARKETS-U.S. tech derails global stock market rally
Global Stock Market Rally Derailed by U.S. TechThe global stock market rally was derailed by U.S. tech stocks as they struggled to maintain momentum, causing a sharp sell-off in U.S. equities. The trading sessions...
Consumer confidence rebounds for first time in 3 months
Consumer Confidence Rebounds as Americans Cheer Labor MarketConsumer confidence unexpectedly rose in May, signaling the end of three straight months of declines. According to the latest index reading from the Conference Board, consumer confidence...
US house price inflation slows in March, FHFA says
US House Price Growth Slows in March, FHFA ReportsIn a recent report released by the Federal Housing Finance Agency (FHFA), it was revealed that U.S. house price growth experienced a significant slowdown in March....
India’s Tribhovandas Bhimji Zaveri posts Q4 profit rise on steady demand
Indian Jeweller TBZ Reports 7.5% Profit Rise in Q4India's renowned jeweller Tribhovandas Bhimji Zaveri (TBZ) disclosed a 7.5% increase in its fourth-quarter profit, showcasing a resilient demand in the market. The company's consolidated net...