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Author Archives: Top News Editor

Eurozone Manufacturing Contraction Slows In April

Eurozone’s manufacturing sector shrunk at a slower pace in April, survey data from IHS Markit showed on Thursday. The Manufacturing purchasing managers’ index, or PMI, rose to 47.9 in April from 47.5 in March. The flash reading was 47.8 in ...

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German Retail Sales Falls Unexpectedly In March

Germany’s retail sales fell for the first time in three months, defying expectations for a rise, data from the Federal Statistical Office showed on Thursday. Retail sales declined 2.1 percent year-on-year in March, after a 4.4 percent rise in February, ...

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German Retail Sales Fall Unexpectedly In March

Germany’s retail sales fell for the first time in three months, defying expectations for a rise, data from the Federal Statistical Office showed on Thursday. Retail sales declined 2.1 percent year-on-year in March, after a 4.4 percent rise in February, ...

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Dollar Rebounds After Fed Policy Statement

The U.S. dollar, which exhibited weakness ahead of the Federal Reserve’s monetary policy statement, rebounded after the Fed held the interest rate unchanged spelt out its outlook for the economy. Read Full Story

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