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Dollar Posts Losses Against Rivals

The U.S. dollar was weak against its peers on Tuesday, turning easy after having rebounded from 2-1/2-year lows in recent sessions thanks to a jump in U.S. Treasury yields.Original Article Read More →

German Unemployment Falls; Retail Sales Rise More Than Expected

Germany's unemployment declined unexpectedly in December despite the government tightening the coronavirus containment measures, data released by the Federal Labor Agency showed Tuesday. Another official data revealed that retail sales growth slowed less than expected in November driven by non-food Read More →

U.S. Manufacturing Index Unexpectedly Climbs To Two-Year High In December

A report released by the Institute for Supply Management on Tuesday showed an unexpected acceleration in the pace of growth in U.S. manufacturing activity in the month of December. The ISM said its manufacturing PMI climbed to 60.7 in December Read More →

European Economics Preview: Germany’s Flash Consumer Price Data Due

Flash consumer prices from Germany and France and final Purchasing Managers' survey results from major euro area economies are due on Wednesday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office Insee publishes Read More →

China’s Service Sector Logs Strong Growth In December

China's service sector continued to recover from the pandemic driven downturn in December, survey results from IHS Markit showed Wednesday. The Caixin services Purchasing Managers' Index fell to 56.3 in December from 57.8 in November. A score above 50 indicates Read More →

Eurozone Private Sector Shrinks For Second Month

The Eurozone private sector contracted for the second straight month in December as services activity continued to drag on economic output, final data from IHS Markit showed Wednesday. The composite output index climbed to 49.1 in December from 45.3 a Read More →