Consumer credit in the U.S. showed another significant increase in the month of April, according to a report released by the Federal Reserve on Friday. The report said consumer credit surged up by $20.5 billion in April after jumping by an upwardly revised $21.3 billion in March. Economists had expected credit to climb by about $16.5 billion compared to the $20.5 billion increase originally reported for the previous month. ...
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Australia posted a merchandise trade deficit of A$3.888 billion in April, the Australian Bureau of Statistics said on Thursday - or down 216 percent from the previous month. AUDUSD M5: 63 pips price movement by AUD - Trade Balance news event : More...
The protracted negotiations between Greece and its creditors seemingly shifted into top gear this week as the cash-strapped country teeters on the verge of a default with a loan repayment to the International Monetary Fund due at the end of the week. More...
New Zealand's commodity prices fell for the second successive month in May due to lower dairy product prices, although the rate of decline slowed when compared to the previous month, the results of survey by ANZ showed Wednesday. More...