Economic data
FTC chief acknowledges role of conglomerates in economic growth
SEJONG, Oct. 21 (Yonhap) -- The chief of South Korea's antitrust watchdog on Wed...
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- Canadian Dollar holds ground as oil prices surgeUSD/CAD moves little after four days of losses, trading around 1.4060 during Asian hours on Wednesday. The currency pair maintains its stance as the US Dollar (USD) stays firm amid rising oil price...
- New Zealand Dollar softens below 0.5700 on RBNZ rate hike odds, CPI inflation data in focusThe NZD/USD pair drifts lower to near 0.5680, snapping the four-day winning streak during the Asian trading hours on Wednesday. Markets turn cautious ahead of New Zealand’s Consumer Price Index (CP...
- Japanese Yen faces challenges as Japan’s Trade Deficit widens, BoJ signals cautionUSD/JPY gains ground after registering modest losses in the previous day, trading around 158.30 during Asian hours on Wednesday. The Japanese Yen (JPY) faces mounting challenges after the latest re...
- IMF urges Pakistan to move beyond fiscal targetsISLAMABAD: The International Monetary Fund (IMF) has called for Pakistan’s fiscal policy to go beyond achieving primary balance targets and protecting debt sustainability by reinforcing policy cred...
- UK CPI set to accelerate, paving the way for a BoE interest rate hike in NovemberThe United Kingdom (UK) Office for National Statistics (ONS) is expected to release September’s Consumer Price Index (CPI) on Wednesday at 06:00 GMT. These figures will be accompanied by the Produc...
- British Pound edges lower below 1.3400 ahead of UK CPI inflation releaseThe GBP/USD pair declines to around 1.3375 during the early Asian trading hours on Wednesday. However, a stronger-than-expected UK labor report might cap the downside for the major pair. Traders wi...