Articles by: Stefani Igazmm

Consumer price growth in Japan slowed down in April 2018

May 22, 2018 12:24 pmComments Off on Consumer price growth in Japan slowed down in April 2018
Consumer price growth in Japan slowed down in April 2018

Consumer price growth in Japan slowed down in April for the second consecutive month, showing a small portion of the inflationary impulse needed to reach the central bank’s elusive target of 2%. The weaker performance of inflation in April was particularly undesirable from the Japanese Central Bank (Bank of Japan), which hoped companies would raise their prices early in the new financial year. The slowdown, which became apparent shortly after […]

Read more ›

China committed to import more US goods

May 21, 2018 7:48 amComments Off on China committed to import more US goods
China committed to import more US goods

The United States and China have agreed to take measures to reduce the trade deficit. According to a statement released during the weekend by both countries, Beijing has committed to buy more US goods, particularly agricultural and energy products. “There is a consensus on taking effective measures to significantly reduce the US trade deficit in China’s trade”, says the statement. The Chinese side will do so in order to satisfy […]

Read more ›

Gold demand in Turkey has risen by more than a third in Q1 2018

May 14, 2018 1:37 pmComments Off on Gold demand in Turkey has risen by more than a third in Q1 2018
Gold demand in Turkey has risen by more than a third in Q1 2018

Gold demand in Turkey has risen by more than a third in the first quarter as consumers are targeting precious metal as protection against currency depreciation and rising inflation. Gold jewelry, bullion and coins worth 965 million USD were bought by the Turks in the first quarter of this year, representing an increase of 34% yoy and the second largest increase among countries in the world in this period, according […]

Read more ›

German industrial output is rising above forecasts

May 8, 2018 1:05 pmComments Off on German industrial output is rising above forecasts
German industrial output is rising above forecasts

German industrial output is rising above forecasts in March, giving a signal of hope for the largest economy in Europe after a series of disappointing figures lately. The sector growth has been the biggest since November and is in favor of those representatives of the European Central Bank who do not agree that the Eurozone is heading for a longer delay. According to the ECB’s chief economist Peter Pratt, there […]

Read more ›

Business activity in Germany and the Eurozone slowed down in April

11:52 amComments Off on Business activity in Germany and the Eurozone slowed down in April
Business activity in Germany and the Eurozone slowed down in April

The business activity in Germany and the Eurozone slowed down in April amid a reluctance to maintain the level of the previous month, according to data from the Markit agency. The PMI in the largest economy in Europe fell to 53 points, compared to 54.1 points reported in March. The data shows that the service sector in Germany is developing at the slowest pace since September 2016, reaching a 19-month […]

Read more ›