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Monthly archive December, 2020

ECB’s Lagarde Sees Significant GDP Decline In Q4

Eurozone's economic activity likely declined sharply in the fourth quarter, but less severely than in the second quarter, due to the resurgence in the coronavirus infections that hurt the services sector considerably as some big countries were forced to impose Read More →

Japan Q3 GDP Soars 22.9% On Year

Japan's gross domestic product surged an annualized 22.9 percent in the third quarter of 2020, the Cabinet Office said on Tuesday.Original Article Read More →

European Economics Preview: German ZEW Economic Confidence Data Due

Economic confidence from Germany and revised GDP data from euro area are due on Tuesday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs is set to issue Swiss unemployment Read More →

Eurozone Q3 GDP Recovers On Spending, Exports

Following the easing of Covid-19 control measures, the euro area economy recovered at the fastest pace on record in the third quarter driven by household spending, investment and exports, revised data from Eurostat showed on Tuesday. Gross domestic product grew Read More →

China’s Consumer Prices Fall For First Time Since 2009

China's consumer prices declined for the first time in more than a decade in November due to the fall in pork prices, data released by the National Bureau of Statistics showed Wednesday. Consumer prices fell unexpectedly by 0.5 percent year-on-year Read More →

Dollar Recovers After Early Weakness, But Struggles To Hold Gains

After extending losses from previous session, the U.S. dollar rebounded in late morning trades on Wednesday, gaining a bit of ground against some of its peers.Original Article Read More →