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Author Archives: Top News Editor

Eurozone Economy Shrinks In Q4

Due to the restrictions related to Covid-19, the euro area economy contracted in the fourth quarter after bouncing back in the preceding three months, preliminary flash estimate published by Eurostat showed on Tuesday. Gross domestic product fell 0.7 percent sequentially, ...

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Australia Raises QE; Rates To Remain Low Until 2024

At the first meeting of the year, Australia’s central bank raised the size of its asset purchase programme and signaled that it won’t hike interest rates until 2024. The policy board of the Reserve Bank of Australia headed by the ...

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Eurozone Manufacturing Sector Expands In January

The euro area manufacturing sector continued to expand at the start of the year, albeit at a slower pace as new lockdown measures and supply shortages posed challenges to producers, final data from IHS Markit showed Monday. The final manufacturing ...

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UK Manufacturing Sector Growth Slows In January

The UK manufacturing sector growth slowed in January reflecting a slight fall in new orders as producers faced weaker inflows of new export work and temporary supply-chain disruptions caused by Covid-19 restrictions and transport delays following the end of the ...

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China’s Manufacturing Sector Growth Moderates In January

China’s manufacturing sector expanded at the slowest pace in seven months in January amid a slowdown in output and new orders growth, survey results from IHS Markit showed Monday. The Caixin manufacturing Purchasing Managers’ Index fell to 51.5 in January ...

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