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German Economic Sentiment Highest Since 2000

German economic confidence reached its highest level in more than two decades in May as the slowing down of the third COVID-19 wave made financial market experts more optimistic, survey data from the ZEW - Leibniz Centre for European Economic Read More →

UK Economy Shrinks In Q1

The UK economy contracted in the first quarter as school closures and a large fall in retail sales earlier in the quarter dragged down growth, the Office for National Statistics reported Wednesday. Gross domestic product shrank 1.5 percent sequentially, reversing Read More →

Eurozone Industrial Production Rebounds In March

Euro area industrial production increased in March after falling in the previous month, led by growth in all categories, preliminary data from Eurostat showed Wednesday.Original Article Read More →

Philippine Central Bank Keeps Rate At Record Low

The Philippine central bank decided to keep its interest rate at record low on Wednesday, after official data showed that the economy continued to contract at the start of the year. The Monetary Board of the Bangko Sentral Ng Pilipinas Read More →

Dollar Strengthens After Data Shows Acceleration In U.S. Inflation

The U.S. dollar gained in strength and scored gains against it major counterparts on Wednesday as data showing an acceleration in U.S. inflation in April raised speculation that the Federal Reserve will tighten its monetary policy sooner than expected.Original Read More →

U.S. Consumer Price Growth Reaches Highest Annual Rate Since 2008

Partly reflecting a spike in prices for used cars and trucks, the Labor Department released a report on Wednesday showing U.S. consumer prices increased by much more than expected in the month of April. The Labor Department said its consumer Read More →

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