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Author Archives: Insta Forex

Lithuania Retail Sales Rise For Sixth Month

Lithuania’s retail sales rose for the sixth month in a row in October, figures from the statistical office showed on Thursday. Retail sales, excluding VAT, increased a working-day adjusted 8.5 percent year-on-year in October, following a 6.6 percent rise in ...

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South Africa Producer Price Inflation At 7-Month High

South Africa’s producer price inflation rose to the highest in seven months in October, figures from Statistics South Africa showed on Thursday. The producer price index rose 2.7 percent year-on-year in October, following a 2.5 percent increase in September. Economists ...

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Singapore Industrial Production Drops In October

Singapore industrial production dropped in October, data from the Economic Development Board showed on Thursday. Industrial output dropped 0.9 percent yearly in October, after a 25.6 percent rise in September. Economists had forecast an annual growth of 6.2 percent. Excluding ...

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New Zealand Trade Surplus Rises In October

New Zealand’s trade surplus grew in October as imports declined faster than exports, data released by Statistics New Zealand showed Thursday. The trade surplus for the year ended October increased to NZ$2.19 billion in October from NZ$1.65 billion in the ...

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Gold Edges Higher On Stimulus Hopes

Gold edged higher on Thursday and the dollar weakened as grim U.S. economic data released overnight and surging Covid-19 cases worldwide boosted the chances for further stimulus. Spot gold rose 0.4 percent to $1,814.12 per ounce, while U.S. gold futures ...

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