Home / Author Archives: Top News Editor (page 10)

Author Archives: Top News Editor

Dollar Extends Uptick

The U.S. dollar extended recent gains on Tuesday, hitting multi-week highs against Swiss franc and the Euro, as risk appetite waned further. Read Full Story

Read More »

Riksbank Sees Repo Rate At Zero In Coming Years

Sweden’s central bank left its key interest rate unchanged at zero and maintained asset purchases and liquidity provisions on Tuesday, and reiterated that the rate will remain at the current level in the coming years in the backdrop of the ...

Read More »

Dollar Rises On Safe-haven Appeal

The U.S. dollar gained in strength on Monday as worries a surge in coronavirus cases across Europe and fears of fresh lockdown moves by the British government pushed down stock prices and lifted the currency’s safe-haven appeal. Read Full Story

Read More »

China Keeps Benchmark Rates On Hold

China retained its benchmark rates for the fifth straight month as the economy continued to log robust recovery from the downturn caused by the coronavirus pandemic. The one-year loan prime rate was retained at 3.85 percent and the five-year loan ...

Read More »

UK Retail Sales Rise For Fourth Straight Month

UK retail sales grew for the fourth straight month in August surpassing the pre-pandemic level, data from the Office for National Statistics showed Friday. Retail sales volume increased 0.8 percent month-on-month in August, but slower than July’s 3.7 percent increase. ...

Read More »

Bank Of England Raises Negative Rate Expectations

The Bank of England retained its interest rate at a record low on Thursday, but policymakers started to assess how negative interest rates work amid talks on post Brexit trade deal, the recent rise in Covid-19 cases and the rising ...

Read More »