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Author Archives: Top News Editor

Germany Exports Grow Unexpectedly; Imports Remain Flat

December 9, 2019

German exports expanded unexpectedly despite trade conflicts and global slowdown, while imports remained flat in October, official data revealed Monday. Figures from Destatis showed that exports grew 1.2 percent on a monthly basis in October, confounding expectations for a decline ...

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U.S. Dollar Turning In Lackluster Performance

December 4, 2019

The U.S dollar turned in a relatively lackluster performance during trading on Wednesday as traders weighed upbeat news on the trade front against a disappointing batch of U.S. economic data. Read Full Story

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UK Service Sector Contracts Most In 8 Months

December 4, 2019

The UK service sector contracted the most in eight months in November but the pace of decline was slower than initially estimated, survey results from IHS Markit and Chartered Institute of Procurement & Supply showed Wednesday. The final services Purchasing ...

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Eurozone Private Sector Logs Modest Growth

December 4, 2019

The euro area private sector growth remained the lowest in six-and-a-half years in November, signaling modest expansion for the fourth quarter, final survey data from IHS Markit showed Wednesday. The composite output index held steady at 50.6 in November. The ...

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China’s Private Sector Expands Most In 21 Months

December 3, 2019

China’s private sector expanded at the steepest pace in 21 months in November driven by the upturn in manufacturing and services, survey results from IHS Markit showed Wednesday. The Caixin composite output index rose to 53.2 in November from 52.0 ...

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U.S. New Home Sales Pull Back From Upwardly Revised Level

November 26, 2019

With revised data showing U.S. new home sales spiked in September compared to the previously reported decrease, the Commerce Department released a report on Tuesday showing new home sales pulled back in the month of October. The Commerce Department said ...

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