Markets News

Vietnam Retail Sales Grew For the First Time Since February

In the second-quarter of 2020, Vietnam’s GDP grew at the slowest rate in several years due to the negative impact…

5 years ago

US Personal Income Drops Most in More than 7 Years, While Mexican Economy Contracts 19.9% in April

Mexico’s economy contracted 19.9% y-o-y in April, after shrinking 2.3% in March, but better-than-economists anticipations of a 21.1% decline. It…

5 years ago

IMF Says Global Economic Recovery to Pre-Covid-19 Levels Will Take 2-Years

In the US, the average cost of single-family houses whose mortgage is guaranteed by Fannie Mae and Freddie Mac rose…

5 years ago

British Pound Rebounds From Three Week Low

The pound sterling gained 0.6% against the greenback to trade at 1.2430 after declining to a three month low of…

5 years ago

US Current Account Deficit Narrows to Lowest Level in Two Years

The dollar index rose to 97.60 versus a bouquet of currencies Friday, near to levels never seen since early June…

5 years ago

US Building Permits Miss Forecasts, Permits Rebound

In the US, building permits increased 14.4% m-o-m to a seasonally adjusted yearly rate of 1.220 million units in May,…

5 years ago

China Retail Trade Declines 2.8% y-o-y in May

China’s retail trade fell by 2.8% y-o-y in May, compared with economists’ estimates of a 2% decline and following a…

5 years ago

UK Economy Contracts at Record Pace in April

The UK’s manufacturing production plummeted at record 28.5% y-o-y in April, following a 9.7% decline in March and worse than…

5 years ago

Brazil Inflation Hits 21-yr Low Despite 2234% Rise in Car Production

In May 2020, Brazil’s annual inflation rate declined to 1.88%, from 2.4% in the prior month, but surpassed economists’ forecasts…

5 years ago

Japan Economy Contracts Less than Preliminary Estimate in Q1

Japanese economy contracted 0.6% q-o-q in the 1Q20, compared with an initial estimate of a 0.9% contraction and economists forecast…

5 years ago