News

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 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 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+

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 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 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 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 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 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 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