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Author Archives: Top News Editor

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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RBA Minutes: Australia Economy Growing Below Expected Trend

Members of the Reserve Bank of Australia’s Monetary Policy Board believe that the country’s economic recovery remains below trend, minutes from the bank’s September 5 meeting revealed on Tuesday – even as global economic conditions have strengthened. Read Full Story

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U.S. Consumer Sentiment Dips In September Due To Hurricanes

Reflecting a deterioration in consumer expectations, the University of Michigan released a report on Friday showing a pullback in U.S. consumer sentiment in the month of September. The preliminary report said the consumer sentiment index dropped to 95.3 in September ...

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U.S. Industrial Production Unexpectedly Slumps Due To Harvey

With Hurricane Harvey negatively impacting output, the Federal Reserve released a report on Friday unexpectedly showing a notable decline in U.S. industrial production in the month of August. The report said industrial production slumped by 0.9 percent in August after ...

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