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Author Archives: Top News Editor

U.S. Retail Sales Unexpectedly Pull Back In April

Reflecting a sharp pullback in auto sales, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. retail sales in the month of April. The Commerce Department said retail sales edged down by 0.2 percent in ...

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German GDP Grows In Q1

Germany’s economy expanded for the first time in three quarters, driven by domestic demand, preliminary data from Destatis showed Wednesday. Gross domestic product advanced 0.4 percent sequentially in the first quarter, after staying flat in the fourth quarter and contracting ...

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European Economics Preview: Germany GDP Data Due

Quarterly national accounts data from Germany is due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis publishes Germany’s GDP data. Economists forecast the largest euro area economy to expand 0.4 percent sequentially ...

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China Industrial Output, Retail Sales Growth Weakens

China’s industrial production and retail sales growth eased more-than-expected in April, suggesting weak economic activity at the start of second quarter. Industrial production advanced 5.4 percent year-on-year in April, following March’s 8.5 percent increase, figures from the National Bureau of ...

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Dollar Stays Firm Against Most Major Currencies

The U.S. dollar exhibited strength against most major currencies on Tuesday even as traders continued to weigh the likely impact of U.S.-China trade conflict on the global economy and digesting the latest batch of economic data. Read Full Story

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