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24.06.2019

US: Fed holds key interest rate steady

The Federal Open Market Committee (FOMC) has held the target range for the federal funds rate steady at 2.25% - 2.5% at its June meeting. In a post-meeting statement, the Committee said the labor market remains strong and that economic activity is rising at a moderate rate...

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17.06.2019

China: Trade surplus widens in May

According to the General Administration of Customs (GAC), China’s exports rose 1.1% yr/yr to US$213.85 billion in May, rebounding from a 2.7% drop in April. In contrast, China’s imports fell 8.5% yr/yr to US$172.19 billion, compared to...

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10.06.2019

South Africa: Economy contracts in Q1

South Africa’s real GDP declined by 3.2% qtr/qtr in Q1 2019, following an increase of 1.4% in Q4 2018 and marks the largest quarterly drop in 10 years, data from Statistics South Africa showed. Seven of the ten industries took a knock...

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03.06.2019

US: Trump announced to impose new tariffs on all goods imported from Mexico

US President Donald Trump announced that he will begin imposing tariffs on all goods imported from Mexico beginning 10 June unless the country does more to help reduce illegal immigration from Central America...

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