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Monthly archive October, 2020

ECB’s Lagarde Says Data Suggest Significant Softening In Economic Activity In Q4

European Central Bank President Christine Lagarde on Thursday hinted at a move by the central bank in December as the risks are clearly tilted to the downside due to a resurgence in the coronavirus infections that is going to hurt Read More →

South Korea Industrial Production Jumps 5.4% On Month In September

Industrial output in South Korea climbed a seasonally adjusted 5.4 percent on month in September, Statistics Korea said on Friday.Original Article Read More →

European Economics Preview: Eurozone Private Sector Credit Data Due

Private sector credit data from euro area is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Finland releases consumer confidence survey results for October. At 3.45 am ET, France PPI for Read More →

U.S. Durable Goods Orders Jump Much More Than Expected In September

Partly reflecting a rebound in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods jumped by much more than expected in the month of September.Original Article Read More →

Dollar Turns In Sluggish Performance Against Peers

The U.S. dollar turned in a somewhat sluggish performance on Tuesday amid uncertainty about the outcome of the presidential election.Original Article Read More →

U.S. Consumer Confidence Index Unexpectedly Edges Lower In October

After reporting a substantial improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday unexpectedly showing a slight drop in confidence in the month of October.Original Article Read More →