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Monthly archive August, 2019

U.S. Dollar Jumps On Delay In Tariffs On Certain Chinese Products

With traders reacting to the latest news on the trade front, the value of the U.S. dollar has shown a significant move to the upside during trading on Tuesday.Original Article Read More →

China’s Industrial Production Growth At 17-Year Low

China's industrial production grew at slowest pace in 17 years in July as trade disputes with the US dampened manufacturing activity. Moreover, retail sales growth eased further, reflecting weak domestic consumption. Industrial output growth eased to 4.8 percent in July Read More →

German Economy Contracts In Q2 On Exports

Germany's economy contracted in the second quarter as weaker global growth and trade wars dampened foreign demand for goods produced in the largest euro area economy, data from Destatis showed Wednesday. Gross domestic product shrank 0.1 percent sequentially in the Read More →

UK July Inflation Exceeds 2% Target

UK consumer price inflation accelerated unexpectedly in July, exceeding the Bank of England's 2 percent target, data from the Office for National Statistics revealed Wednesday. Consumer prices climbed 2.1 percent year-on-year in July, faster than the 2 percent increase in Read More →

U.S. Import Prices Unexpectedly Increase Amid Rebound In Fuel Prices

Import prices in the U.S. unexpectedly showed a modest increase in the month of July, according to a report released by the Labor Department on Wednesday. The Labor Department said import prices rose by 0.2 percent in July after plunging Read More →

U.S. Dollar Shows Moderate Move The Upside

The value of the U.S. dollar fluctuated early on Wednesday before showing a moderate move to the upside in the afternoon.Original Article Read More →