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Author Archives: Top News Editor

German Industrial Production Growth Tops Expectations

Germany’s industrial production recovered in April largely driven by energy output, figures from Destatis showed Thursday. Production advanced 0.8 percent in April from March, when it dropped by revised 0.1 percent. The pace of growth was also faster than the ...

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Eurozone Economy Grows Faster Than Estimated Earlier

Eurozone’s economy expanded more-than-initially estimated in the first quarter on domestic spending. Gross domestic product climbed 0.6 percent sequentially, faster than the 0.5 percent growth estimated previously, latest data from Eurostat showed Thursday. The economy grew 0.5 percent in the ...

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ECB To Maintain Rates, QE

The European Central Bank is set to retain its key interest rates and massive monetary stimulus in its policy session in Estonia on Thursday as policymakers are still unconvinced whether inflation will move closer to target despite the robust growth. ...

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China Export Growth Tops Expectations

China’s exports increased more-than-expected in May on robust foreign demand, but a double-digit expansion in imports weighed on the trade balance. In dollar terms, exports advanced 8.7 percent year-on-year in May, the General Administration of Customs said Thursday. Shipments were ...

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Japan Q1 GDP Knocked Down To 0.3%

Japan’s gross domestic product was bumped down to +0.3 percent on quarter in the first three months of 2017, the Cabinet Office said in Thursday’s revised reading. Read Full Story

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UK Manufacturing Activity Expands More Than Forecast

The UK manufacturing sector almost maintained its strong growth momentum on production and new orders, survey results from IHS Markit and the Chartered Institute of Procurement & Supply showed Thursday. The headline factory Purchasing Managers’ Index fell to 56.7 in ...

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