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Lates News

date
11/07/2025
Fed's Daly: If interest rates need to be cut, current data trends must continue.
Latest
1 m ago
According to IMF data, global foreign exchange reserve management institutions shifted their allocation of safe assets from the Japanese yen to the Swiss franc in the first quarter. These funds sold a record $94.3 billion worth of yen and bought $66.7 billion worth of Swiss francs between January and March, leading to the Swiss franc's share in global reserves jumping to 0.76% as of March 31.
1 m ago
Global foreign exchange reserve management institutions shifted their allocation of safe-haven assets from the Japanese yen to the Swiss franc in the first quarter.
2 m ago
In May, the UK's GDP annual rate recorded 0.7%, the lowest economic growth rate since June 2024. The UK's industrial output in May recorded a monthly rate of -0.9%, the largest decline since April 2024.
2 m ago
In May, the seasonally adjusted trade balance of goods in the UK was -21.688 billion, slightly lower than the expected -21.5 billion. The previous figure was revised from -23.206 billion to -22.424 billion.
2 m ago
UK industrial production in May decreased by 0.9% from the previous month, below the expected 0% and lower than the previous value of -0.60%.
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