The Commerce Department released a report on Wednesday showing a pullback by U.S. wholesale inventories in the month of March. The report said wholesale inventories fell by 0.4 percent in March after rising by 0.2 percent in February. The decrease by wholesale inventories matched economist estimates ..read more

The Treasury Department continued this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's auction of $42 billion worth of ten-year notes attracted average demand. The ten-year note auction drew a high yield of 4.483 percent and a ..read more

China's exports and imports rebounded more than expected in April after a weak trade data in the previous month that boost hopes that net trade would support economic growth, official data revealed Thursday. Largely due to the lower base of comparison, exports advanced 1.5 percent on a yearly basis in April, the customs office reported. This was faster than the 1.0 percent expected growth and rev ..read more

Malaysia's central bank left its benchmark rate unchanged as widely expected on Thursday. The Monetary Policy Committee of Bank Negara Malaysia headed by Datuk Abdul Rasheed Ghaffour decided to retain the Overnight Policy Rate at 3.00 percent. The bank had changed the rate last in May 2023, when ..read more

British consumer sentiment improved in April on slowing inflation as well as expectations about further tax cuts, a monthly survey conducted by the market research group GfK revealed Friday. The consumer confidence index rose to -19 in April from -21 in March. The score was also better than economists' forecast of -20 ..read more

Norway's retail sales increased for the second straight month in March, preliminary data from Statistics Norway showed on Friday. The volume of retail sales rose a seasonally adjusted 0.3 percent month-on-month in March, following a 0.2 percent gain in the previous month. Retail sales of cultural ..read more

Austria's manufacturing activity deteriorated further in April, though the pace of decline softened amid slower falls in output and new orders, data produced by S&P Global showed on Friday. The UniCredit Bank Austria Manufacturing Purchasing Managers' Index stood at 43.5 in April, up from 42.2 in ..read more

Russia's central bank left its key interest rates unchanged for the third consecutive meeting on Friday but cautioned about upside risks to inflation. The board of directors of the Bank of Russia, headed by Governor Elvira Nabiullina, decided to hold the key rate at 16.00 percent. As domestic ..read more

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March. The Fed said industrial production climbed by 0.4 percent in March, matching the upwardly revised advance in February ..read more

The International Monetary Fund said on Tuesday that a resilient global economy is set for steady growth in the next two years as inflation returns to target gradually, but the growth will be uneven amid persistent risks. Global growth is set to remain at 3.2 percent this year and next, the same as in 2023, the IMF said in its latest World Economic Outlook ..read more