• Tue, Mar 17, 2026 05:39
    Australia Raises Key Interest Rate For Second Straight Time

    The Reserve Bank of Australia lifted its benchmark rate for the second straight time as the conflict in the Middle East poses material risk to inflation. In a close call, the policy board, governed by Michele Bullock, decided to hike the cash rate target by 25 basis points to 4.10 percent. The decision was made by a majority vote, with five members voting to raise the rate.

  • Mon, Mar 16, 2026 14:51
    U.S. Homebuilder Confidence Improves Modestly In March

    The National Association of Home Builders released a report on Monday showing a modest improvement in U.S. homebuilder confidence in the month of March. The report said the NAHB/Wells Fargo Housing Market Index inched up to 38 in March from an upwardly revised 37 in February.

  • Mon, Mar 16, 2026 14:43
    U.S. Industrial Production Rises 0.2% In February, Slightly More Than Expected

    A report released by the Federal Reserve on Monday showed industrial production in the U.S. increased by slightly more than expected in the month of February. The Fed said industrial production rose by 0.2 percent in February after climbing by 0.7 percent in January. Economists had expected industrial production to inch up by 0.1 percent.

  • Mon, Mar 16, 2026 14:03
    New York Manufacturing Index Unexpectedly Dips Into Negative Territory In March

    New York manufacturing activity was little changed in the month of March, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index fell to a negative 0.2 in March from a positive 7.1 in February, with a negative reading indicating contraction. Economists had expected the index to drop to 3.2.

  • Mon, Mar 16, 2026 13:46
    Dollar Adds Emphatically To War-led Gains

    The U.S. Dollar surged further during the week ended March 13, amidst safe haven demand triggered by the Middle East war.

  • Mon, Mar 16, 2026 06:31
    China Industrial Output, Retail Sales Growth Beats Expectations

    China's industrial production and retail sales growth exceeded expectations in the January to February period before the war in the Middle East began, official data revealed Monday. Industrial output increased 6.3 percent on a yearly basis, stronger than the 5.2 percent rise in December, the National Bureau of Statistics said. Moreover, the rate exceeded economists' forecast of 5.3 percent.

  • Mon, Mar 16, 2026 05:27
    NZ Dollar Rises After Upbeat China Data

    The New Zealand dollar strengthened against other major currencies in the Asian session on Monday, after China's industrial production and retail sales increased more than expected in the January to February period.