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New Zealand Overall Credit Card Spending Sinks 1.9%
Overall credit card spending in New Zealand fell a seasonally adjusted 1.9 percent on month in December, Statistics New Zealand said on Wednesday. Read Full Story
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Dollar Stays Firm Against Major Currencies
The U.S. dollar is displaying strength against most major currencies on Tuesday, reacting to a slew of economic data and the vote on Brexit. Read Full Story
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New York Manufacturing Index Drops To Lowest Level In Over A Year
New York manufacturing activity grew at its slowest pace in over a year in the month of January, according to a report released by the Federal Reserve Bank of New York on Tuesday. The New York Fed said its general ...
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U.S. Producer Prices Edge Down 0.2% In December
A report released by the Labor Department on Tuesday showed a modest decrease in U.S. producer prices in the month of December. The Labor Department said its producer price index for final demand dipped by 0.2 percent in December after ...
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German Growth At 5-year Low In 2018, Economy Likely Skirted Recession In Q4
Germany’s economy grew for a ninth year in 2018 at the slowest pace in five years, largely driven by domestic demand, and likely avoided slipping into a technical recession in the third quarter. Gross domestic product rose a price-adjusted and ...
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Eurozone Trade Surplus Falls In November
Eurozone’s merchandise trade surplus decreased strongly in November, as the growth in imports outpaced that of exports. The trade surplus fell to EUR 19 billion from EUR 23.4 billion in the same month last year, figures from the euro area ...
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New Zealand December Food Prices Rise Seasonally Adjusted 0.5%
Food prices in New Zealand advanced a seasonally adjusted 0.5 percent on month in December, Statistics New Zealand said on Tuesday. Read Full Story
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Dollar Mostly Subdued Against Major Currencies
The dollar was subdued against most major currencies on Monday amid speculation the Federal Reserve might pause its monetary tightening measures this year. Read Full Story
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China December Exports Fall Most Since 2016
China’s exports and imports in December declined at the worst rates in two years, adding to evidence of a rapid slowdown in the economy amid the trade war with the US and weakening global activity. Exports dropped 4.4 percent year-on-year ...
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U.S. Dollar Moves Modestly Higher Versus Euro, Yen
The U.S. dollar has moved modestly higher versus the euro and the yen on Friday, although traders seem reluctant to make more significant moves. Read Full Story
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