Daily Economic Reports

A Reuters poll revealed on Monday that China likely once more exported and imported less in January and February than a year earlier, supporting authorities’ concerns that a weakening global economy might hinder domestic development. Exports are predicted to have decreased by 9.4% from a year earlier in January-February, which …

The dollar fell broadly on Monday as investors await Federal Reserve Chairman Jerome Powell’s congressional testimony as well as the February jobs report, which will be released at the end of the week and is likely to influence the central bank’s interest rate decision. The dollar index, which measures the …

Bitcoin as well as other cryptocurrencies are down on Friday as a result of worries over Silvergate Capital, whose distress could have an adverse effect on how the market operates and the regulatory landscape.Over the past 24 hours, the price of Bitcoin has dropped 4% to around $22,350 before recovering …

On Friday morning, Brent crude fell as much as 2.8% on news reports that the United Arab Emirates is pondering leaving OPEC, the influential 13-nation oil producer alliance.Later, Brent recovered its losses and started to rise; at 11:30 a.m. ET, it was trading at $85.23 per barrel, up 0.57% from …

Oil prices stabilized today, Friday, on their way to recording weekly gains, as renewed optimism about the recovery of demand from China offset the impact of growing recession fears due to the increase in US crude inventories and tightening monetary policy in Europe. And by 0936 GMT, Brent crude futures …

The dollar fell from the highest level in two and a half months against the yen on Friday, and headed towards recording its first weekly loss since January against other major currencies, as dealers try to determine the course of the Federal Reserve’s monetary policy. The yen, which is particularly …

The multi-day high recorded by the USD/CHF pair has been broken, and the US dollar bulls have lost pace. The rates on US Treasury bonds support a positive tendency by rising to a new multi-day high before declining from the most recent peak.As the crucial PMI numbers is looming, the …

Policymakers from the European Central Bank confronted some harrowing realities this week while huddling in a retreat in a remote Arctic village: businesses are benefitting from rising inflation while workers and consumers bear the cost. The dominant macroeconomic narrative over the last nine months has been that the 20 nations …

The euro fell against the dollar on Thursday, after data showed that inflation in the euro zone is not as high as investors feared, after readings published by countries in the region during the past days. Eurozone inflation fell to 8.5 percent in February from 8.6 percent a month earlier …

Wednesday saw a modest increase in oil prices as evidence of sufficient supply, notably rising U.S. crude stocks, outweighed rising expectations for higher demand following an increase in manufacturing in the world’s biggest petroleum importer China.Brent crude futures ended the day at $84.31 per barrel, up 86 cents or 1%. …