US dollar slides higher after posting largest weekly rise
The dollar strengthened after posting its biggest weekly rise in six weeks as traders abandoned their bearish expectations ahead of the
Saudi oil exports rise in March
26 May 2021 02:52 PM |Official data showed on Wednesday that the value of Saudi oil exports rose 75% in March, year on year, to 52.3 billion riyals ($ 13.95 billion). The General Authority for Statistics
Gold surged strongly as the decline in US consumer confidence
25 May 2021 05:33 PM |Gold rose to its highest level in more than four months today, as the dollar and US Treasury yields declined after US consumer confidence data showed a slight decline in May.
Borrowing dropped for the first time in UK
25 May 2021 02:41 PM |UK's massive public borrowing began to decline last month for the first time since the start of the COVID-19 pandemic, buoyed by bright economic outlooks indicating a faster
Dollar stabilizes ahead of the FOMC meeting minutes
19 May 2021 05:00 PM |The US dollar settled amid widespread selling in the stock market on Wednesday and is trading near its lowest level in several months, as markets await the FOMC
BoJ indicates its willingness to extend its pandemic-relief program
19 May 2021 11:25 AM |Haruhiko Kuroda, governor of the Bank of Japan, said that the bank will consider extending its epidemic relief program beyond
Japanese economy slump in the first quarter of 2021
18 May 2021 10:59 AM |The Japanese economy contracted in the first quarter of 2021 amid the resurgence of Coronavirus infections, but the economy is expected to return to growth
China factory output slowed down during April
17 May 2021 11:05 AM |Factory output growth in China slowed in April and retail sales missed expectations significantly, as officials warned of new problems that could affect the recovery of the world's second largest economy.
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Bank of Japan agrees to keep yields low
6 May 2021 11:00 AM |Policymakers at the Bank of Japan agreed that the central bank’s priority should be to keep the yield curve steadily low, while the economy remains under pressure from the Coronavirus pandemic
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