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European Economic News Preview: Germany GDP, Business Confidence Data Due

Quarterly national accounts and business sentiment survey results from Germany are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's detailed GDP data for the third quarter. Read More →

Japan Inflation Rises; Private Sector Stagnates

Japan's consumer price inflation rose for the first time in four months in October and continued to remain well above the 2 percent target, official figures revealed on Friday. Preliminary results of the the Purchasing Managers' survey showed that the Read More →

German Economy Shrinks 0.1% As Estimated

Germany's economy contracted slightly, as initially estimated, in the third quarter with the household consumption that used to be the pillar of growth, acting as a drag. Confirming the initial figures, detailed data from the statistical office Destatis showed on Read More →

German Business Sentiment Improves In November

Business confidence in Germany improved for the third month in a row in November signaling that the largest euro area economy is stabilizing at a low level, survey results from the Munich-based ifo Institute showed Friday. The business climate index Read More →

UK Private Sector Economy Expands Modestly In November

The UK private sector activity almost stabilised in November after contracting in the previous three months, the purchasing managers' survey results from S&P Global and the Chartered Institute of Procurement & Supply showed on Thursday. The flash composite output index Read More →

UK Chancellor Hunt Announces Tax Cuts As Growth Outlook Downgraded

UK Chancellor of the Exchequer Jeremy Hunt unveiled tax cuts on Wednesday to boost a sluggish economy as growth forecasts for next two years were sharply cut. In the autumn statement, the chancellor announced that national insurance employees pay on Read More →

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