US Retail Sales increase

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The publication of the monthly US Retail Sales data has caused a market move. In general, Retail Sales have slightly increased not declined, which indicates that the US Fed can keep policy tighter for longer. The data release has caused a slight surge of the value of the US Dollar.
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Wed, 18 Sep 2024 06:10:09 GMT

UK CPI remains at 2.2%

The United Kingdom's Office for National Statistics has published the country's monthly Consumer Price Index data. Annual inflation in the UK remains at 2.2%, which indicates that the Bank of England has to keep monetary policy tight. This fact caused an appreciation of the GBP.

Wed, 25 Sep 2024 18:30:04 GMT

Central banks explore digital currencies

Research published by the Atlantic Council has revealed to the world that 98% or 134 country central banks are looking into the use of digital currencies.

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