China factory output slowed down during April
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.
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
Williams: Inflation and employment numbers still far from the Fed's targets
4 May 2021 01:23 PM |John Williams, President of the Federal Reserve Bank of New York, said yesterday that while the US economy is likely to have a very strong year, there is still no imminent need
Oil surged amid optimism about global demand growth
4 May 2021 11:33 AM |Oil prices rose today, after the United States eased further lockdowns and the European Union sought to lure travelers
Oil continues to rally as markets confident about global demand recovery
28 Apr 2021 11:09 AM |Oil prices rose today, amid optimistic expectations of a recovery in global fuel demand, while the rapid spread of Coronavirus infections in India and the increase in US crude inventories
US durable goods orders rebounded in March
26 Apr 2021 03:19 PM |Long-term US durable goods orders rebounded in March after a weak performance the previous month, but a shortage of key supplies continues to hold back manufacturers as they
UK economy to grow at the fastest rate on record
26 Apr 2021 01:23 PM |Ernst & Young raised its UK economy growth forecast for 2021 from 5% to 6.8%, which is the fastest rate of growth since the official records began. UK GDP contracted by a record 9.9% last year
Credit Suisse boosts its capital in the wake of the Archegos crisis
22 Apr 2021 01:49 PM |Credit Suisse will raise more than $ 2 billion to bolster its capital base after it was hit by another US investment fund, Archegos. The demise of Archegos
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