ANZ: Sharp drop in consumer spending suggests RBA rate hikes are working
Australian consumer spending fell 8.0% year-on-year in the week ended Aug. 5, ANZ said. Weak indicators of household spending and ...
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Australian consumer spending fell 8.0% year-on-year in the week ended Aug. 5, ANZ said. Weak indicators of household spending and ...
ANZ chief economist Sharon Zollner said the Reserve Bank of New Zealand is expected to keep the official cash rate ...
U.S. banks took a hit of nearly $19 billion on bad loans in the second quarter, the most in more ...
"We found the Bank of England's decision (last week) to be a bit disappointing and confusing, although not surprising," said ...
In the interconnected global financial system, the United States dollar (USD) plays a crucial role as the world's primary reserve ...
Long-term U.S. Treasuries fell sharply this week amid signs that the U.S. economy remains solidly growing. Yesterday, the 10-year and ...
European Central Bank Chief Economist Lane believes that inflation in the 20-nation euro zone will fall significantly in the next ...
Bank of America economists withdrew their forecast for a U.S. recession, becoming the first major Wall Street firm to formally ...
The Reserve Bank of Australia left its benchmark interest rate on hold on Tuesday after cooling inflationary pressures and weak ...
Markets are reluctant to believe that the RBA will definitely not raise rates again, but they have made it clear ...
Manufacturing activity in the euro zone contracted at the fastest pace since the outbreak of the coronavirus in July as ...
EUR/USD edged lower to 1.1014, ahead of the release of key eurozone inflation and growth data after European Central Bank ...
The dollar has started the new week on a positive note but is still on course to register a monthly ...
The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank ...
Switzerland's currency, the Swiss franc (CHF), is renowned for its stability and strength. However, if you find yourself in possession ...
The Swiss franc, denoted by CHF (ISO code), is renowned for its strength and stability on the global stage. For ...
Yen rose in European trade against a basket of major rivals, extending gains for the fifth straight session against dollar ...
Euro declined in European trade against a basket of major rivals, sharpening losses for the second straight session and hitting ...
The Australian dollar was the worst performer in Asia on Friday, tumbling nearly 0.9% after data showed that retail sales ...
The yen whipsawed in its most volatile trading session in months on Friday, after the Bank of Japan made its ...
New research from the European Central Bank (ECB) reveals that while public awareness of the digital euro has significantly increased,...
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