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Monthly archive September, 2020

Eurozone GDP Falls Less Than Estimated In Q2

The euro area economy contracted less than initially estimated in the second quarter but the pace of decline was the most since the records began in 1995 due to the coronavirus containment measures adopted by the member countries, revised data Read More →

Dollar Hits 4-week High, Scores Solid Gains Against Peers

The U.S. dollar hit a four-week high on Tuesday as Sterling tumbled amid fears about a no-deal Brexit, and equity markets tumbled amid rising worries about a surge in coronavirus cases.Original Article Read More →

New Zealand Manufacturing Volume Declines 12%

The volume of total manufacturing sales in New Zealand tumbled 12 percent on year in the second quarter of 2020, Statistics New Zealand said on Wednesday.Original Article Read More →

Dollar Retreats From 4-week High, Loses Ground Against Most Of Its Peers

The U.S. dollar turned easy on Thursday, retreating from a four-week high it had touched a session earlier, as the euro strengthened amid optimism about economic recovery, and the pound sterling gained after the European Union signaled its willingness Read More →

New Zealand August Electronic Retail Card Spending Sinks 7.9%

The value of retail electronic card transactions in New Zealand dropped a seasonally adjusted 7.9 percent on month in August, Statistics New Zealand said on Thursday - following the 1.2 percent increase in July.Original Article Read More →

China Inflation Slows; PPI Falls At Slower Pace

China's inflation eased in August on slowing pork price growth and factory gate prices continued to decline, but the pace of drop slowed from the last year. Consumer price inflation slowed to 2.4 percent in August from 2.7 percent in Read More →