Economy Archives - Forex Alchemy

Christine Lagarde on the Eurozone monetary policy and new look of the global economy after the coronavirus pandemic

As the world emerges from the coronavirus pandemic, the European Union is focusing on its economic impact to plan for a recovery. Thus, in an...

Posted On 23 Jul 2020

, By InstaForex

U.S. Dollar Slides As Stimulus Bill Fails In Senate

The U.S. dollar declined against its major counterparts in the Asian session on Monday, as failure to advance the massive coronavirus stimulus...

Posted On 23 Mar 2020

, By InstaForex

New Zealand Trade Deficit NZ$340 Million In January

New Zealand posted a merchandise trade deficit of NZ$340 million in January, Statistics New Zealand said on Thursday. That beat expectations for...

Posted On 26 Feb 2020

, By InstaForex

U.S. Housing Starts Skyrocket To 13-Year High In December

After reporting significant increases in new residential construction in the two previous months, the Commerce Department released a report on...

Posted On 17 Jan 2020

, By InstaForex

UK Retail Sales Fall Unexpectedly During Festive Season

UK retail sales declined unexpectedly even in festive season in December signaling that weak consumer spending weighed on economic growth in the...

Posted On 17 Jan 2020

, By InstaForex

China Trade Data Due On Monday

China is scheduled to release December figures for imports, exports and trade balance on Monday, highlighting a modest day for Asia-Pacific...

Posted On 12 Jan 2020

, By InstaForex

U.S. Initial Jobless Claims Unexpectedly Edge Lower

First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower from an upwardly revised level in the week ended December...

Posted On 02 Jan 2020

, By InstaForex

China Manufacturing PMI Steady At 50.2 In December

The manufacturing sector in China continued to expand at a steady pace in December, the National Bureau of Statistics said on Tuesday with a...

Posted On 31 Dec 2019

, By InstaForex

Philly Fed Index Slumps Much More Than Expected In December

Philadelphia-area manufacturing activity was nearly flat in the month of December, according to a report released by the Federal Reserve Bank of...

Posted On 19 Dec 2019

, By InstaForex

Australia Leading Index Signals Below Trend Growth

Australia’s leading index continued to signal weak economic momentum carrying well into 2020, the Westpac reported Wednesday. The Westpac-...

Posted On 18 Dec 2019

, By InstaForex

European Economics Preview: Eurozone Foreign Trade Data Due

Foreign trade data from euro area is due on Friday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland is...

Posted On 13 Sep 2019

, By InstaForex

Eurozone Inflation Rises In June

Eurozone inflation climbed in June, according to final data from Eurostat, released Wednesday. Consumer prices rose by a revised 1.3 percent...

Posted On 17 Jul 2019

, By InstaForex

UAE Private Sector Growth Slows, But Remains Robust

UAE private sector growth eased in June, but the pace of expansion remained strong, survey data from IHS Markit showed on Wednesday. The Emirates...

Posted On 03 Jul 2019

, By InstaForex

South Africa Private Sector Contraction Slows In June

South Africa’s private sector contracted at a slower pace in June, as employment and cost pressures increased, survey data from IHS Markit...

Posted On 03 Jul 2019

, By InstaForex

Eurozone Private Sector Growth Accelerates In June

The euro area private sector expanded at a faster than initially estimated pace in June reflecting a pick-up in economic growth in the currency...

Posted On 03 Jul 2019

, By InstaForex

Eurozone Manufacturing Sector Shrinks More Than Estimated

Eurozone manufacturing activity contracted for the fifth straight month in June, and the latest pace of decline was slightly more than initially...

Posted On 01 Jul 2019

, By InstaForex

German Unemployment Declines Less Than Expected

Germany’s unemployment decreased less-than-expected in June after a strong increase in the previous month, preliminary data from the...

Posted On 01 Jul 2019

, By InstaForex

Finland Consumer Confidence Deteriorates In June

Finland’s consumer confidence fell for the second straight month in June, figures from Statistics Finland showed on Thursday. The consumer...

Posted On 27 Jun 2019

, By InstaForex

UK Employers More Confident Since Brexit Deadline Extension: REC

UK employers’ confidence on the economy and their hiring and investment intentions improved since the extension of the Brexit deadline,...

Posted On 26 Jun 2019

, By InstaForex

U.S. Consumer Confidence Deteriorates Amid Rising Trade Tensions

Reflecting the escalation in trade and tariff tensions earlier this month, the Conference Board released a report on Tuesday showing a...

Posted On 25 Jun 2019

, By InstaForex

France Private Sector Growth At 7-Month High

France’s private sector grew at the fastest pace in seven months in June, flash survey data from IHS Markit showed Friday. The composite...

Posted On 21 Jun 2019

, By InstaForex

Japan Manufacturing Activity Falls In June

Japan’s manufacturing activity deteriorated further in June on weak orders, flash data from IHS Markit showed on Friday. The flash...

Posted On 21 Jun 2019

, By InstaForex

Fed published a forecast for GDP, unemployment, and inflation for three years

Fed forecast for major indicators of the US economy are as follows: – the forecast for GDP growth is 2.0% – 2.2% (previously 1.9%...

Posted On 20 Jun 2019

, By InstaForex

Dutch Growth To Slow Amid Global Headwinds

The Dutch economic growth is set to slow this year and next as global headwinds such as trade tensions and geopolitical factors weigh on exports....

Posted On 19 Jun 2019

, By InstaForex

Austria Inflation Steady In May

Austria’s consumer price inflation held stable in May, figures from Statistics Austria showed on Tuesday. The consumer price index rose 1.2...

Posted On 18 Jun 2019

, By InstaForex

Turkey Industrial Production Falls Further

Turkey industrial production eased further for the eighth straight month and retail sales declined in April, data from the Turkish Statistical...

Posted On 18 Jun 2019

, By InstaForex

Eurozone May Inflation Unrevised

Eurozone inflation slowed sharply in May to its lowest level in over a year and core price growth eased below 1 percent, as estimated earlier,...

Posted On 18 Jun 2019

, By InstaForex

Eurozone Inflation Sharply Slows To Lowest In Over A Year

Eurozone’s headline inflation eased far more than expected in May to its lowest level in over a year, preliminary estimates from Eurostat...

Posted On 04 Jun 2019

, By InstaForex

China Manufacturing Shrinks For First Time In 3 Months

China’s manufacturing activity declined in May for the first time in three months as new orders, employment and inventories shrunk,...

Posted On 31 May 2019

, By InstaForex

Oil Prices Tumble On Economic Worries

Oil prices fell sharply on Wednesday amid growing concerns that a prolonged U.S.-China trade war would start to drag on global economic demand....

Posted On 29 May 2019

, By InstaForex

France Growth Slows In Q1 After Revision

France’s economic growth eased slightly in the first quarter after revision, detailed results from the statistical office Insee showed...

Posted On 29 May 2019

, By InstaForex

Poland Unemployment Rate Falls In April

Poland’s jobless rate fell less than expected in April, data from Statistics Poland showed on Monday. The registered unemployment rate fell...

Posted On 27 May 2019

, By InstaForex

Eurozone Core Inflation Revised Up To 2-year High

Eurozone’s core inflation, which excludes prices of energy, food, alcohol and tobacco, accelerated in April at a faster than estimated pace...

Posted On 17 May 2019

, By InstaForex

Czech Inflation Decelerates In April

Czech inflation eased in April largely on weak growth in cost of alcoholic beverages and tobacco, the Czech Statistical Office said Monday....

Posted On 13 May 2019

, By InstaForex

Romania’s Inflation At 6-Month High

Romania’s inflation rose to a six-month high in April, the National Institute of Statistics said Monday. Consumer prices gained 4.1 percent...

Posted On 13 May 2019

, By InstaForex

Malaysia Industrial Production Growth Improves In March

Malaysia’s industrial production grew at a faster-than-expected rate in March, data from the Department of Statistics showed on Friday....

Posted On 10 May 2019

, By InstaForex

RBA Holds Cash Rate Steady Unexpectedly; Trims Growth And Inflation Outlook

The Reserve Bank of Australia on Tuesday kept its cash rate on hold unexpectedly, but downgraded its growth and inflation forecasts suggesting...

Posted On 07 May 2019

, By InstaForex

Ireland Services Sector Growth At 3-Month Low

Ireland’s services sector expanded at the slowest pace in three months in April, as growth in new business and employment weakened, survey...

Posted On 03 May 2019

, By InstaForex

German Retail Sales Falls Unexpectedly In March

Germany’s retail sales fell for the first time in three months, defying expectations for a rise, data from the Federal Statistical Office...

Posted On 02 May 2019

, By InstaForex

Sweden Trade Surplus Grows In March

Sweden’s merchandise trade surplus increased in March from the previous month as well as from a year ago, preliminary data from Statistics...

Posted On 29 Apr 2019

, By InstaForex

Finland Consumer Confidence Slows In April

Finland’s consumer confidence slowed in April after rising in the previous month, survey data from Statistics Finland showed on Monday. The...

Posted On 29 Apr 2019

, By InstaForex

UK Public Borrowing Lowest In 17 Years

UK government borrowing was the lowest in 17 years in the financial year ended March 31, and exceeded the official forecast, the Office for...

Posted On 24 Apr 2019

, By InstaForex

Finland GDP Growth Slows In February

Finland’s national economic output growth slowed in February, after improving in the previous two months, preliminary data from Statistics...

Posted On 16 Apr 2019

, By InstaForex

Canadian Dollar Falls On Declining Oil Prices

The Canadian dollar slipped against its major counterparts in the early European session on Tuesday, as oil prices weakened following remarks...

Posted On 16 Apr 2019

, By InstaForex

Dutch Industrial Production Rose First Time In Three Months

Dutch industrial production rose in February after falling in the previous two months, the Central Bureau of Statistics reported on Tuesday....

Posted On 09 Apr 2019

, By InstaForex

German Industrial Production Rebounds In February

Germany’s industrial production rose in February after stagnating at the start of the year, preliminary figures from the Federal...

Posted On 05 Apr 2019

, By InstaForex

German Construction Growth At 14-month High

A survey from IHS Markit showed on Thursday that the German construction sector grew the most in 14 months in March, led by strong gains in...

Posted On 04 Apr 2019

, By InstaForex

Eurozone Inflation Unexpectedly Slows In March

Eurozone inflation unexpectedly slowed in March with core price growth falling to its lowest level in a year, suggesting subdued inflationary...

Posted On 01 Apr 2019

, By InstaForex

Oil Subdued Amid Growth Worries

Oil prices were flat to slightly lower on Monday, as concerns of a sharp economic slowdown overshadowed investor optimism over OPEC-led supply...

Posted On 25 Mar 2019

, By InstaForex

South Africa Inflation Rises In February

South Africa’s consumer price inflation rose in February after easing sharply in the previous two months, data from Statistics South Africa...

Posted On 20 Mar 2019

, By InstaForex

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