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Author Archives: Top News Editor

U.S. Existing Home Sales Slump To Lowest Level In A Year

With strained supply levels continuing to subdue overall activity, the National Association of Realtors released a report on Wednesday showing an unexpected decrease in existing home sales in the U.S. in the month of August. NAR said existing home sales ...

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UK Retail Sales Rise Most In 4 Months

UK retail sales grew the most in four months in August as consumers spend more despite higher inflation, vindicating a possible stimulus withdrawal in the months ahead. According to data published by the Office for National Statistics, the retail sales ...

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U.S. Housing Starts Unexpectedly Slide 0.8% In August

New residential construction in the U.S. unexpectedly decreased in the month of August, according to a report released by the Commerce Department on Tuesday. The report said housing starts fell by 0.8 percent to an annual rate of 1.180 million ...

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German ZEW Economic Confidence Strengthens In September

Germany’s economic confidence strengthened for the first time in four months in September as solid economic growth and increased investment lifted financial market experts’ optimism. The ZEW Indicator of Economic Sentiment rose by a more-than-expected seven points to 17.0 in ...

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