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Author Archives: Insta Forex

Yen Declines On Fed Rate Cut Hopes

The Japanese yen slipped against its major counterparts in the Asian session on Friday, as Asian shares advanced after a top Fed official hinted about the need to add stimulus in the wake of low inflation and not wait for ...

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New Zealand Credit Card Spending Rises In June

New Zealand’s credit card spending growth improved in June, figures from Reserve Bank of New Zealand showed on Friday. Credit card spending rose to 1.5 percent month-on-month in June, faster than the 0.6 percent increase in May. Domestic billing rose ...

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Germany's Producer Price Inflation Eases In June

Germany’s producer price inflation slowed in June, figures from Destatis showed Friday. Producer prices advanced 1.2 percent year-on-year in June, slower than the 1.9 percent increase seen in May and the expected rate of 1.5 percent. Excluding energy, producer prices ...

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Japan All Industry Activity Growth Slows In May

Japan’s all industrial activity rose for the second month in May but the pace of expansion slowed from April, figures from the Ministry of Economy, Trade and Industry showed on Friday. The all industry activity index rose 0.3 percent month-on-month ...

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Euro Mixed Ahead Of German PPI

At 2.00 am ET Friday, Destatis is scheduled to issue Germany’s producer prices for June. Economists forecast prices to fall 0.1 percent on month and to rise 1.5 percent annually. Ahead of the data, the euro traded mixed against its ...

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