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Forex News Headlines

UK Private Sector Growth Slowest In 11 Months

The UK private sector logged a slower growth in January as the Omicron variant continued to weigh on customer-facing parts of the economy, flash survey results from IHS Markit showed on Monday. The Chartered Institute of Procurement & Supply flash ...

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UK Retail Sales Decline At Fastest Pace In 11 Months

UK retail sales declined more-than-expected in December as the Omicron outbreak dampened Christmas sales, data from the Office for National Statistics showed Friday. Retail sales fell 3.7 percent on a monthly basis in December, reversing the 1 percent increase a ...

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China Cuts Lending Rate For Second Consecutive Month

China reduced its benchmark lending rate for the second straight month as the economic growth weakened at the end of 2021. The one-year loan prime rate was reduced to 3.70 percent from 3.80 percent. This was the second consecutive reduction ...

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UK Inflation Fastest In Nearly 30 Years

Adding pressure on the Bank of England to hike its interest rate at the February meeting, UK consumer price inflation accelerated at the fastest pace in nearly 30 years in December, driven by higher food, drinks and restaurant costs. Consumer ...

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China Raw Coal Production

Coal Production in China increased to 384.67 Million Tonnes in December from 370.84 Million Tonnes in November of 2021. Coal Production in China averaged 186.92 Million Tonnes from 1989 until 2021, reaching an all time high of 384.67 Million Tonnes ...

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China Full Year GDP Growth

Full Year GDP Growth in China increased to 8.10 percent in 2021 from 2.20 percent in 2020. Full Year GDP Growth in China averaged 9.24 percent from 1992 until 2021, reaching an all time high of 14.30 percent in 1992 ...

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UK Labor Market Continues To Recover

The UK unemployment dropped in three months to November and employment increased reflecting continuing recovery in the labor market, the Office for National Statistics said Tuesday. The unemployment rate dropped to 4.1 percent in three months to November, while it ...

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Germany ZEW Economic Confidence At 6-Month High

German economic confidence improved more-than-expected to a six-month high in January as the economy is expected to pick up over the coming months, survey results from the ZEW – Leibniz Centre for European Economic Research showed on Tuesday. The ZEW ...

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