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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 →

Japan June Core Machine Orders Spike 13.9%

The total value of core machine orders in Japan jumped a seasonally adjusted 13.9 percent on month in June, the Cabinet Office said on Wednesday - standing at 960.3 billion yen.Original Article Read More →

UK Wage Growth Strongest Since Global Crisis; Employment At Record High

UK wages grew at the fastest pace since the 2008-09 global financial crisis and employment reached a record high in the second quarter, despite contraction in the economy, data from the Office for National Statistics revealed Tuesday. Total average weekly Read More →