Unemployment rate in Australia at 5.5% in May

Source: Dukascopy Bank SA
The Australian Bureau of Statistics reported that the country's employment rate dropped unexpectedly to 5.5% in May, below expectation for an unchanged reading of 5.7%.
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Thu, 15 Jun 2017 02:53:52 GMT

Fed announces plan to start reducing bond holdings

The Federal Reserve unveiled plan to start gradually diminishing its bond holdings by the end of 2017, which is likely to cause an increase in long-term interest rates.

Thu, 15 Jun 2017 02:18:36 GMT

New Zealand's GDP rises only 0.5% in Q1, below forecasts

New Zealand's GDP rose at a seasonally adjusted 0.5% in the Q1, following the preceding quarter's 0.4%, while analysts anticipated a 0.7% increase in the reported period.

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