KPMG receives major fine

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Source: Dukascopy Bank SA
Bloomberg has reported that KPMG has been fined 1.25 million GBP for errors made in work on Luceco's books in 2016.
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Fri, 14 Apr 2023 12:57:56 GMT

US Retail Sales boost USD

The US Dollar has spiked nearly 0.40% against peer currencies due to the publication of worse than expected US monthly Retail Sales data. US Retails Sales declined by 1.0% instead of the expected 0.4% and Core Retail Sales have decreased by 0.8% compared to the forecast -0.4%.

Fri, 14 Apr 2023 15:30:05 GMT

Chinese exports increase

Contrary to economist expectations, in March Exports from China have increased. Some analysts attributed the increase to a filling of orders that were previously disrupted by 2022 Covid restrictions.

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