US Speaker of the House Nancy Pelosi said on Sunday that the $1 trillion infrastructure bill will get voted on Thursday. The group that is against the bill insists that it must be held back until the ...
Japan’s consumer prices stopped falling in August, and it was the first time in 13 months. Prices excluding fresh food were unchanged on a yearly basis, in line with expectations. Despite the producer...
As the Fed concluded its meeting on Wednesday, tapering has not been announced. However, it hinted that “a moderation in the pace of asset purchases” may happen soon. Powell added that tapering could ...
USD eased slightly from its one-month high as investors waiting cautiously for updates from the Fed’s meeting. Moreover, solvency uncertainty also surrounds the global financial market. Beijing so far...
Offshore Chinese Yuan (CNH) weakened by -0.17% against USD, dropping to its lowest level in a month. Investors are worried about the real estate developer Evergrande’s solvency issues. For investors o...
USD reached its three-week peak on Friday, primarily supported by the higher-than-expected retail sales data on Thursday. DXY Index is still trading above the 93-level at press time. Business sentimen...
The DXY Index was up this morning near 92.922, near its three-week high at 92.965. Currently, it has slid back to 92.823. The upward momentum was mainly brought by the promising US retail sales data. ...
GBPUSD reached the 1.3850-mark overnight, mainly fueled by the high-than-expected inflation data. August CPI surged by 3.2% on a yearly basis. The Bank of England has made the same statement as the Fe...
Asian stocks fell today as weaker-than-expected Chinese economic data have been released. Factory growth has further slowed down in August, and retail sales hit the one-year low as sporadic COVID case...