According to data collected by the SWIFT system, the participation of the Chinese currency in international financial transactions has significantly decreased over the past month. The share of transactions using the yuan decreased to 3.6%, which is 1.1% lower than in August. Earlier in July, this figure reached a historic high of 4.7%.Experts cannot yet unequivocally determine the reason for this decline, but some attribute it to the easing of pressure on the yuan exchange rate observed in the f... Leer más
The non-manufacturing business in America declined in April but the overall growth over 8 years... Leer más
Trade surplus in Australia expanded to its 10-month highs in March due to increase in resource... Leer más
Interest rates were kept steady by the Federal Reserve and confidently saying that recent inflation... Leer más
The European economy slackened in the first quarter of this year but was able to surpass Britain,... Leer más
The services sector in Japan rose at the quickest rate in first half of the year due to more demand... Leer más
Household borrowing in Britain fell to its lowest level after 5 ½ years in March. On Tuesday, ... Leer más
The service industry in China rose for the month of April based on the official survey on Monday,... Leer más
The Lloyds Bank survey indicates that British firms are very optimistic towards its economy. More... Leer más
France, the euro zone’s second-biggest economy, unexpectedly slowed down a bit in the first quarter ... Leer más
Italian caretaker government already established its updated multi-year economic plan on Thursday.... Leer más
The Bank of Canada governor Stephen Poloz said the nation is moving toward a positive note after... Leer más
South Korea’s economy had rallied in the previous quarter as health exports were buoyed, government ... Leer más
The U.S. economy strengthens following the rebound of the U.S. consumer confidence and... Leer más
The economic forecast of German government slid down to 2.3 percent from the previous 2.4 percent... Leer más
The consumer prices have weakened in the previous quarter as core inflation lower than the central... Leer más
Singapore’s inflation remained subdued in the previous month due to a gradual increase in prices of ... Leer más
The central bank of Iran has prohibited trading of cryptocurrencies including Bitcoin due to money... Leer más
Manufacturing activity in Japan grew at a faster pace this month compared in March, considering... Leer más
Japan apprised its G20 equivalent saying that protectionism and interchange of retaliatory measures... Leer más
Economic growth of Germany has the tendency to slow down gradually in Q1, however, the upswing in... Leer más
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Leer más
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Leer más
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Leer más
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Leer más
The recent forecasts show that economic data continue to feel the impact of the cold weather... Leer más
The annual inflation in Malaysia is anticipated to rise by 1.6 percent in March which has risen to... Leer más
Chinese economy slowed down gradually in Q1 due to government struggle over credit and financial... Leer más
China’s exports dropped unexpectedly in March which has been drop over a year since February 2017. T... Leer más
Based on the survey of company directors, the optimism on the British economy has improved compared... Leer más
The central bank of South Korea kept their interest rates unchanged on Thursday as Governor Lee... Leer más
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