China proclaims new rules to tighten control over financial holding companies 15-09-2020 On Sunday, Central Bank of China had introduced a number of legislation for the financial holding companies in a bid to solidify the country's vast financial sector
Sudan declares state of emergency as FX reserves run out, currency falls 14-09-2020 Later this week, the Sudanese transitional Government had declared a state of economic emergency days after a Central Bank statement that the nation had run out of FX reserves
US budget deficit tops $3 trillion with one month left in fiscal year 13-09-2020 US Treasury Dept. said in a statement on Friday that the US budget deficit had surpassed $3 trillion over the first eleven months of the fiscal year
American used car prices hit 51-year-highs as consumer prices rise 0.4% 13-09-2020 US Consumer Prices rise 0.4 per cent in August, mostly galvanized by a surprise upswing of used car prices to a 51-year-high amid a mass-scale supply shortage
Oil posts second straight weekly plunge as stockpiles soar, demand dwindles 12-09-2020 US and UK crude futures ended Friday's commodity market almost flatlined, though both futures had stomached a weekly slump of 6 per cent amid frets of a havoc-scale supply glut
US producer price index rise 0.3% in August as long-term low-inflation in sight 12-09-2020 US Labour Dept. said on Thursday that the US wholesale goods' prices rose by 0.3 per cent in August, a critical indicator to inflation before it reaches the end-consumers, that followed a gain of 0.6 per cent a month earlier
US weekly jobless claims remain unchanged amid fragile labour market recovery 12-09-2020 US weekly jobless claims were unchanged during the week that ended on September 5, suggesting an accelerating fragility in labour market recovery
Oil pummels 2 per cent after surprise US crude inventory build 11-09-2020 On Thursday, US and UK crude futures' prices had given up all of their previous session's gains following a US IEA report that revealed a surprise US crude inventory build last week
US job openings rise to 6.6 million in July, but more workers quitting: JOLTS 11-09-2020 July JOLTS data released on Wednesday by the US Labour Department had unveiled that the US job openings grew robustly in July
Oil rebounds off three-month lows as bloodletting halts; demand concerns curb gains 10-09-2020 On Wednesday, both US and UK crude futures' prices had bounced back from their three-month lows, though a rising concern over a lag in global demand had checked gains
Oil extends losing streak after Saudi cuts price, China import slows 08-09-2020 Both US and UK crude futures' prices had opened Tuesday's commodity market more than 1.5 per cent lower after logging their fourth straight session of decline on Monday
China exports growth quickens in August, import inches lower 08-09-2020 China customs data had revealed on Monday that the country's exports had gathered further momentum last month, though imports fell by 2.1 per cent
US pandemic stimulus turns south as Congress returns 08-09-2020 Hopes of a second round of trillion-dollar pandemic relief bill appear to be waning amid growing bitterness among the bipartisan lawmakers such as US House Speaker Nancy Pelosi and White House Chief of Staff Mark Meadows
Oil prices slide over 3%, clock weekly decline on demand concerns 06-09-2020 Amid concerns of a delayed economic recovery which would likely to lead to a demand crunch, crude oil futures' prices faltered as much as 3 per cent on Friday
Stabbed by Pandemic - France unveils €100 billion economic rescue plan 06-09-2020 Later this week, the French Government of President Emanuel Macron had allotted a €100 billion pandemic stimulus
Frets of no-deal Brexit rise as UK seek full autonomy in state aid projects 06-09-2020 Delegates from both UK and EU had raised an alarming bell over possibilities of a Brexit trade deal by end-2020
US unemployment rate falls to 8.4% even as hiring loses steam 06-09-2020 US Labour Department said in a statement on Friday that the unemployment rate in the US fell sharply to 8.4 per cent last month
US initial jobless claims fall below 1 million, but layoffs remain elevated 05-09-2020 US Labour Department said earlier on Thursday that the initial jobless claims fell to their lowest levels since the onset of pandemic outbreak last week
Economic bellwether copper gains after solid economic recovery in China 04-09-2020 London copper futures rose on Thursday after China's services sectors had reported fourth straight month of gains
US Private Payrolls add 428,000 jobs last month; labour market outlook darkens 03-09-2020 US Labour Department said in a statement on Wednesday that the US private payrolls had added just 428,000 jobs in August
India’s economy contracts by 24% in Q2; current-quarter outlook shimmers 02-09-2020 National Statistics Office of India had revealed earlier this week that the country's economy had shrunk by 24 per cent over the April-June quarter of the year
US Factory Activity steps up to 22-month-peak in August 02-09-2020 ISM survey for US Manufacturing activity surged to a roughly 22-month-peak last month in latest sign to a rapidly emerging US economy from the pandemic-led slump
White House says Trump willing to sign off a $1.3 trillion pandemic relief bill 29-08-2020 White House Chief of Staff Mark Meadows said late on Friday that the US President Donald Trump had agreed to sign off a pandemic relief bill of $1.3 trillion
US Labour market recovery slows; initial jobless claims hover still above 1 million 29-08-2020 Later this week, the US Labour Dept. said that the initial jobless claims for the week that ended on Aug. 22 fell by 98,000 to 1.006 million on an adjusted basis
US Consumer Spending rose strongly in July, but outlook remains uncertain 28-08-2020 On Friday, US Commerce Dept. said in a statement that US Consumer Spending rose by 1.9 per cent last month
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