News

Israel Economy Expands 4.6% q-o-q in 4Q19Israel Economy Expands 4.6% q-o-q in 4Q19

Israel Economy Expands 4.6% q-o-q in 4Q19

Israel economy grew at an annualized rate of 4.6% q-o-q in the December 2019 quarter, beating the 4.2% growth forecast…

5 years ago
China Economy Contract in Q1 2020, Fundamentals IntactChina Economy Contract in Q1 2020, Fundamentals Intact

China Economy Contract in Q1 2020, Fundamentals Intact

China’s GDP (Gross Domestic Product) contracted 6.8% y-o-y in the quarter ended March, after recording a 6% expansion in the…

5 years ago
China March Trade Surplus Beats ForecastsChina March Trade Surplus Beats Forecasts

China March Trade Surplus Beats Forecasts

The Shanghai Composite index had a strong opening today, with the benchmark index beginning the day at 2,795, reflecting a…

5 years ago
Russian Ruble Strengthens on Oil Production Cut Deal with OPEC+Russian Ruble Strengthens on Oil Production Cut Deal with OPEC+

Russian Ruble Strengthens on Oil Production Cut Deal with OPEC+

Since the beginning of this month, the Russian ruble has been strengthening, with the USD/RUB hitting 73.76 Friday, the highest…

5 years ago
China Inflation declines to 4.3% m-o-m in MarchChina Inflation declines to 4.3% m-o-m in March

China Inflation declines to 4.3% m-o-m in March

As coronavirus continues to jolt the world economy, China, where the virus originated, is facing a sharp economic slowdown. The…

5 years ago
Japan Core Machinery Orders Increase 2.3% m-o-m in FebruaryJapan Core Machinery Orders Increase 2.3% m-o-m in February

Japan Core Machinery Orders Increase 2.3% m-o-m in February

Amid the gloomy business outlook across the globe due to coronavirus outbreak and poor economic activity, there was two positive…

5 years ago
Mexican Peso Posts New Historical Low Against GreenbackMexican Peso Posts New Historical Low Against Greenback

Mexican Peso Posts New Historical Low Against Greenback

The greenback gained 0.6639 or 2.66% against the Mexican Peso (USDMXN) to trade at 25.6139 Monday April 6, from 24.9500…

5 years ago
South African Rand Hits New Historical Low Against US DollarSouth African Rand Hits New Historical Low Against US Dollar

South African Rand Hits New Historical Low Against US Dollar

The South African rand posted a new historical low of 18.278 against the greenback, with investors selling off most vulnerable…

5 years ago
South Korea Retail Sales Declines 6% in FebruarySouth Korea Retail Sales Declines 6% in February

South Korea Retail Sales Declines 6% in February

South Korea’s industrial production fell by a seasonally adjusted 3.8% m-o-m in February, as per data published by Statistics Korea.…

5 years ago
India Announces Rate Cut, Unveils $23bln. Stimulus Package to Nullify COVID-19 Impact on EconomyIndia Announces Rate Cut, Unveils $23bln. Stimulus Package to Nullify COVID-19 Impact on Economy

India Announces Rate Cut, Unveils $23bln. Stimulus Package to Nullify COVID-19 Impact on Economy

India’s central bank slashed its benchmark interest rate in an unanticipated manner and rolled out measures to enhance liquidity to…

5 years ago