The US Dollar lost its footing last week as markets grew more concerned about a recession. FOMC minutes and the Fed'd preferred inflation gauge could offer the USD some life ahead. Next week could revive some life back into the US Dollar. All eyes are on the FOMC meeting minutes, where the document will reveal further details about this month’s 50-bases point rate hike. A hawkish tone coupled with confidence in the economy could bolster tightening ...
UK retail sales grew unexpectedly in April despite consumer confidence sliding to a record low as soaring inflation boosted the cost of living further. Retail sales expanded 1.4 percent monthly, reversing a revised 1.2 percent decline in March, data published by the Office for National Statistics showed Friday. more...
The value of core machine orders in Japan was up 7.6 percent on year in March, the Cabinet Office said on Thursday - coming in at 869.5 billion yen. more...
Japan's tertiary activity improved for the first time in four months in March, data from the Ministry of Economy, Trade and Industry showed on Tuesday. more...
Japan's leading index increased in March after easing in the previous month, preliminary data from the Cabinet Office showed on Wednesday. The leading index, which measures the future economic activity, rose to 101.0 in March from 100.1 in February. more...
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