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A slowdown in the pace of trade reform since the early 2000s, a post-crisis uptick in protectionism, and the risk of further reversals have weakened trade, productivity, and income growth in the global economy, a joint report by the International Monetary Fund, the World Bank and the World Trade Organization warned on Monday. more...
Overall credit card spending in New Zealand climbed a seasonally adjusted 0.5 percent on month in March, Statistics New Zealand said on Tuesday. more...
The European Central Bank's monetary policy stance is appropriate and a reassessment is not warranted at this stage, though the bank stands ready to act when required, ECB Vice-President Vitor Constancio said Monday. more...
Trading the News: U.K. Consumer Price Index (CPI) The U.K.’s Consumer Price Index (CPI) may spark a limited reaction as the headline is projected to hold steady at an annualized 2.3%, but a downtick in the core rate of inflation may weigh on GBP/USD as it encourages the Bank of England (BoE) to preserve a wait-and-see approach for monetary policy. What’s Expected: Why Is This Event Important: ...
Employment in the U.S. rose by much less than anticipated in the month of March, according to a report released by the Labor Department on Friday, although the unemployment rate still fell to its lowest level in almost ten years. The report said non-farm payroll employment climbed by 98,000 jobs in March. more...
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