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Author Archives: Insta Forex

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Wednesday. The pound fell to more than a 2-month low of 1.2589 against the U.S. dollar and a 6-day low of 139.85 against the yen, from early ...

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S. Africa Inflation Accelerates As Expected In May

South Africa’s consumer price inflation accelerated marginally in May, in line with expectations, figures from Statistics South Africa showed Wednesday. The consumer price index climbed 5.4 percent year-over-year in May, just above the 5.3 percent rise in April, which was ...

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Swiss M3 Growth Accelerates In May

Switzerland’s money supply growth accelerated in May, the Swiss National Bank said Wednesday. The monetary aggregate M3 grew 4.1 percent year-on-year in May, faster than the 3.2 percent increase seen in April. Likewise, the annual growth in the narrow measure ...

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UK Budget Deficit Narrows In May

The British budget deficit reached the lowest for the month of May since 2007, figures from the Office for National Statistics showed Wednesday. Public sector net borrowing excluding public sector banks decreased by GBP 0.3 billion from previous year to ...

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Sweden's Economic Growth Likely To Slow: NIER

Sweden’s economic growth is set to ease in years ahead, the National Institute of Economic Research said in its quarterly report on Wednesday. The economy is forecast to grow 2.7 percent this year and 2.5 percent in 2018. Growth is ...

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