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South Koreas unemployment rate remained stable for a second month in April, according to the data from Statistics Korea. The jobless rate was a seasonally adjusted 2.7 percent in April, same as seen in February and March. In April last year, the unemployment rate was 3.7 percent. On an unadjusted basis, the unemployment rate remained unchanged at 3.0 percent in April. In the same month […]

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The dollar index continued to hold near 20-year highs, but momentum eased slightly ahead of the crucial US consumer price data due later on Wednesday that should provide cues on Feds action going forward. DXY, that measures the greenback against a basket of currencies quoted at 103.74. Dollar holds under 104 mark as US treasury yields took a breather at around 2.95% after hitting a […]

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The index of leading economic indicators in Japan, which is a gauge of the economy a few months ahead, increased to 101.0 in March of 2022, following an upwardly revised 100.1 a month earlier, as reported by Japanese Cabinet Office. The index basically measures up employment data, consumer confidence, production, housing, and stock market data, etc as its leading indicators to derive the number. The […]

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The SIP flow data for April 2022, released by AMFI on 10th May, shows some tapering after touching record levels of Rs124,566 crore for the full year FY22

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Benchmark indices traded sideways with major losses in the early afternoon trade. The Nifty traded tad above the 16,100 mark. All sectoral indices on the NSE were trading in the red with PSU Bank and metal shares losing the most. At 12:24 IST, the barometer index, S&P BSE Sensex declined 455.78 points or 0.84% to 53,909.46. The Nifty 50 index fell 132.9 points or 0.82% […]

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