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Author Archives: Top News Editor

European Economics Preview: Germany Final CPI Data Due

Final consumer prices from Germany and unemployment from France are due on Thursday, headlining a light day for the European economic news. At 1.30 am ET, the French statistical office Insee publishes unemployment data for the second quarter. The jobless ...

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U.S. Consumer Price Growth Exceeds Estimates In July

Consumer prices in the U.S. increased by more than anticipated in the month of July, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index climbed by 0.6 percent in July, ...

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UK Economy Logs Biggest Contraction Since 1955

The UK economy contracted at the fastest pace on record in the second quarter amid the coronavirus pandemic, despite signs of recovery taking hold in June after the relaxation of restrictions on movement. Gross domestic product contracted by 20.4 percent ...

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New Zealand Central Bank Expands QE

New Zealand central bank expanded the asset purchase programme unexpectedly on Wednesday as downside risk to the outlook remains amid global economic disruption caused by the coronavirus pandemic. The Monetary Policy Committee of the Reserve Bank of New Zealand decided ...

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German ZEW Economic Confidence Strengthens Unexpectedly

Germany’s economic confidence improved unexpectedly in August on hopes of a speedy recovery from the coronavirus pandemic driven downturn, survey data from the ZEW – Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment increased ...

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