China to enhance core technology innovation

Source: Dukascopy Bank SA
The President of China Xi Jinping stated that the country must enhance its core technology innovation, as it wpuld be key to high-quality economic development and national security.
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Fri, 13 Jul 2018 18:49:46 GMT

New York Fed lowers US GDP growth estimates for Q2, Q3

The US economy is likely to expand at a 2.77% annualized rate in the Q2 and 2.64% in the Q3, following the latest reports on import prices and the CPI, the New York Fed's Nowcast model revealed.

Fri, 13 Jul 2018 17:01:32 GMT

US import prices plummet by most in more than two years

The US import prices marked the strongest decline in over two years in June, as petroleum products' prices dropped and the strong US Dollar weighed on other goods' costs, indicating benign import inflation pressures.

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