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Dollar Rises Against Peers As Geopolitical Tensions Fade Slightly

The U.S. dollar displayed strength against most major currencies on Tuesday, rebounding from losses in the previous session, as concerns about U.S.-Iran standoff faded a bit as there was no fresh escalation in tensions.Original Article Read More →

Eurozone Economic Confidence At 3-Month High

Eurozone economic confidence rose to a three-month high despite the weakness in industrial and consumer sentiment, survey results from the European Commission showed Wednesday. The economic confidence index rose to 101.5 in December, as expected, from 101.2 in November. Confidence Read More →

German Factory Orders Decline Unexpectedly On Foreign Demand

Germany's factory orders decreased unexpectedly on weak foreign demand in November, figures from Destatis revealed Wednesday. New orders in manufacturing fell 1.3 percent month-on-month, confounding expectations for an increase of 0.2 percent. Orders had increased by a revised 0.2 percent Read More →

U.S. Private Sector Job Growth Exceeds Estimates In December

Reflecting strong job growth across companies of all sizes, payroll processor ADP released a report on Wednesday showing private sector employment jumped by much more than anticipated in the month of December. ADP said private sector employment surged up by Read More →

BoE’s Carney Says Major Central Banks Have Limited Room To Combat Downturn

Major central banks are going to find difficult to combat an economic downturn as they are running out of monetary policy tools, Bank of England Governor Mark Carney said in an interview with the Financial Times. "It's generally true that Read More →

U.S. Factory Orders Pull Back Slightly Less Than Expected In November

A report released by the Commerce Department on Tuesday showed a pullback in new orders for U.S. manufactured goods in the month of November. The Commerce Department said factory orders fell by 0.7 percent in November after inching up by Read More →

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