The dollar rose on Friday (April 30th), extending its gains after optimistic data on the income and spending of US consumers and the manufacturing sector in the Midwestern states. However, the dollar index ends April down 2.1, its biggest loss in one month since December. US data next week, including …

Oil prices fell from six-week highs on Friday (April 30th) as investors scaled back their positions after weak data on Japan’s crude imports and concerns about fuel demand in India as coronavirus cases soar. West Texas Intermediate crude and Brent crude recorded the biggest one-day loss in more than three …

Data from the Turkish Statistics Institute on Friday showed that Turkey’s foreign trade deficit shrank by 14.9% year on year in March to $4.65 billion, according to the general trade system. The institute said that Turkey’s exports in March rose by 42.2% and imports increased by 25.6% compared to March …

The S&P 500 index fell 0.75%, while the Dow Jones Industrial Average declined 200 points, and the Nasdaq index fell 0.85%. And Amazon, the last of the Wall Street mega tech companies to publish their results, reported record profits in the first quarter of the year. The Seattle-based company said …

The US Energy Information Administration said Friday, April 30 that US crude oil exports fell to 2.703 million barrels per day in February, from 3.165 million barrels per day in January. The government agency added in a monthly report that US gasoline exports fell to 687 thousand barrels per day …

The US Energy Information Administration said Friday that crude oil production in the United States fell by 1.2 million barrels per day in February to 9.86 million barrels per day. The government agency revised, in a monthly report, oil production for January, down by 21,000 barrels per day to 11.06 …

Consumer spending in the United States rebounded in March amid a rise in income, as families received additional aid money linked to the Covid-19 pandemic from the government, laying a solid foundation for a further acceleration in consumption in the second quarter. The Commerce Department said on Friday that consumer …

According to Eurostat’s preliminary reading of the Eurozone CPI report, the annual figure came in at 1.6% in April, matching expectations of 1.6% while accelerating March’s 1.3%. The core figures eased to 0.8%% YoY in April when compared to 0.9% expectations and 0.9% booked in March.

The eurozone economy shrank in Q1 2021, as countries implemented new closures and restrictions amid the third wave of coronavirus infections. GDP in the region fell 0.6% quarter-on-quarter, against expectations of a 0.8% contraction, according to preliminary data released by Eurostat. Germany, Italy and Spain all saw a decline in …

BNP Paribas Bank announced its data for the first quarter of 2021, recording a net income of 1.8 billion euros, equivalent to 2.18 billion dollars, an increase of 11% from the previous quarter, while analysts expected a net profit of 1.2 billion euros during the first quarter 2021, according to …