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Author Archives: Insta Forex

Eurozone Producer Price Inflation Accelerates In February

Eurozone producer prices rose at a slightly faster pace in February, after easing slightly in February, preliminary data from Eurostat showed on Tuesday. The industrial producer price index rose 3 percent year-on-year following a 2.9 percent rise in January, which ...

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UK Construction Activity Continues To Fall

UK construction sector continued to shrink in March, albeit at a slightly slower pace, driven by sustained weakness in commercial work and civil engineering, survey data from IHS Markit showed on Tuesday. The CIPS construction purchasing managers’ index, or PMI, ...

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Australian Dollar Weakens After RBA Holds Fire On Rate

The Australian dollar declined against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia kept its benchmark interest rate unchanged, reflecting soft economic growth and low inflation. The board of the Reserve Bank of ...

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Romania Producer Price Inflation At 3-Month High

Romania’s producer price inflation rose to a three-month high in February, after easing in the previous month, figures from the National Institute of Statistics showed on Tuesday. The producer price index rose 4.8 percent year-on-year in February, following a 3.85 ...

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India Manufacturing Growth At 6-month Low

India’s manufacturing growth slowed to a six-month low in March due to softer increases in new orders, production, input buying and employment, survey data from IHS Markit showed on Tuesday. The headline Nikkei manufacturing Purchasing Managers’ Index, or PMI, fell ...

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