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Dollar Gains Against Most Major Currencies Ahead Of Trade Talks, Minutes

The U.S. dollar recovered after a weak start on Tuesday, but stayed somewhat subdued post noon as optimism over the upcoming U.S.-China trade talks faded.Original Article Read More →

UK Manufacturing Downturn Continues In September

The downturn in UK manufacturing continued in September, though the latest contraction was the slowest in four months, signaling that the sector is sliding into a recession, monthly survey data showed Tuesday. The IHS Markit/Chartered Institute of Procurement & Supply Read More →

WTO Warns Of High Downside Risks As Trade To Grow Least In A Decade

The World Trade Organization slashed its global merchandise trade forecast for this year to the lowest in a decade citing escalating trade disputes and slowing global growth. In its latest report, released Tuesday, the WTO said global trade volume will Read More →

U.S. Manufacturing Activity Continues To Contract In September

A report released by the Institute for Supply Management on Tuesday showed U.S. manufacturing activity continued to contract in the month of September. The ISM said its purchasing managers index dropped to 47.8 in September from 49.1 in August, with Read More →

U.S. Construction Spending Inches Up Less Than Expected In August

Construction spending in the U.S. crept up by much less than expected in the month of August, according to a report released by the Commerce Department on Tuesday. The report said construction spending inched up by 0.1 percent to an Read More →

Germany’s Leading Economic Institutes Cut GDP Growth Forecast

Germany's leading economic institutes slashed the economic growth forecast for this year and next, on Wednesday, mainly citing the weakening global demand for capital goods exports. The growth forecast for this year was lowered to 0.5 percent from 0.8 percent Read More →

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