Samsung Electronics' workers threaten a strike

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Source: Dukascopy Bank SA
The union of the workers of the South Korean giant Samsung Electronics has announced that the workers could strike next week unless its demands for higher wages were met.
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Thu, 30 May 2024 13:12:59 GMT

US GDP update boosts USD decline

The US Bureau of Economic Analysis has published the US Preliminary quarterly GDP data. US GDP has increased by 1.3% instead of the forecast 1.2%. Dollar index reacted to the news with an immediate dip of 11 base points that was followed by a further decline.

Thu, 30 May 2024 11:30:04 GMT

IMF upgrades outlook for China

International Monetary Fund has raised its forecast for Chinese GDP growth, as the organization expects the Chinese economy to grow by 5.00%.

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