Economic NewsEconomic News
Singapore's economic growth expands more than expected in the first quarter of the year
Today, the Singapore economy recorded the fastest expansion during the first three months, exceeding analyst's forecasts as the nation's manufacturing and services sectors improved to help the...
Fed's Beige book signals improvement continued at a moderate pace
The Federal Reserve Bank released today the Beige Book, where it showed that across all twelve Federal Reserve Districts, “economic activity continued to expand at a modest to moderate pace in...
Retail Sales Rise at a Slower Rate in March as Price Pressures Increased
Retail sales continued to rise in the United States over a moderate pace, as energy prices rose in March, where consumer spending is still rising over a modest pace amid elevated unemployment,...
Retail Sales Probably Rose in March, while Fed’s Beige Book Should Signal Improving Conditions and Rising Price Pressures
Investors will be watching closely the retail sales figures that will be released from the United States on Wednesday, where retail sales are expected to show a moderate rise, which comes in line...
UK jobless claims rise while unemployment falls
Unemployment in UK fell in March, while Jobless claims rose unexpectedly due to the changes that were made to unemployment benefits, accordingly, pushing female labor workers to seek jobs. Jobless...
Europe Ahead: Focus remains on UK with unemployment figures after inflation surprise
The market was puzzled on Tuesday with the unexpected drop in UK inflation back to 4.0% which further stirred market expectations regarding the outlook for the BoE move. Nevertheless, the puzzlement...
The Bank of Korea sees inflation rates to accelerate more than previously forecast
Today, the South Korean central bank has announced its forecasts about the inflation rates. The Bank sees that the inflation level will increase during the second three months this year, while...
Bank of Canada Keeps Rates Unchanged at 1 Percent
Bank of Canada announced today that the benchmark interest rates were left unchanged at 1.00 percent, where the BOC signaled that it expects growth to expand by 2.9 percent in 2011, compared with the...