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Financial News

  • South Korea Consumer Confidence Weakens In May
    on 21 May 2024 at 06:44

    South Korea's consumer sentiment decreased in May to the lowest level in six months. The sub-index for households' assessment of current living standards and their prospective living standards also worsened.

  • Germany Producer Prices Continue To Fall
    on 21 May 2024 at 06:18

    Germany's producer prices continued to fall in April on lower energy and intermediate goods prices and the pace of overall fall in prices deepened, data from Destatis revealed on Tuesday.

  • European Economic News Preview: Eurozone Foreign Trade Data Due
    on 21 May 2024 at 05:52

    Foreign trade and current account reports from the euro area are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices data for April. Economists forecast producer prices to fall 3.2 percent on a yearly basis, following a 2.9 percent decrease in March.

  • RBA Minutes On Tap For Tuesday
    on 20 May 2024 at 22:02

    The Reserve Bank of Australia will on Tuesday release the minutes from its May 7 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.

  • BoE's Broadbent Says Rate Cut Possible Some Time Over Summer
    on 20 May 2024 at 13:16

    Bank of England's Deputy Governor Ben Broadbent said the interest rate could be cut some time over the summer. The outgoing deputy governor said if things continue to evolve as expected, then the policy will have to become less restrictive at some time.

  • Czech Producer Prices Rise 1.4%
    on 20 May 2024 at 12:51

    The Czech Republic's industrial producer prices increased for the first time in four months in April largely due to higher costs for enegry goods. Excluding energy, industrial producer prices declined 0.4 percent at the start of the second quarter.

  • Thailand GDP Growth Exceeds Expectations
    on 20 May 2024 at 12:28

    Thailand's economy grew more than expected in the first quarter, driven by household consumption and growth in tourist arrivals, official data revealed Monday. Gross domestic product grew at a slower pace of 1.5 percent on a yearly basis, which was slower than the 1.7 percent expansion in the preceding quarter, the National Economic and Social Development Council reported.