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Italian unemployment jumps to 13.2%
Fri, 28 Nov 2014 11:20:06 GMT
 
Italian unemployment rate grew a third month in a row, reaching a level of 13.2% for the month of October against a forecast of 12.6%. Meanwhile, Matteo Renzi, Italian Prime >>
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Euro continues to depreciate against US Dollar
Thu, 27 Nov 2014 11:57:03 GMT
 
Even though the German unemployment rate came below the forecast and economists expect the core inflation to stand at 0.7%, the Euro continues to move lower against the US Dollar. >>
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German unemployment drops as investors' trust in country grows
Thu, 27 Nov 2014 11:46:04 GMT
 
The spreading positivity of the investors regarding Germany's ability to recover led to a decrease in unemployment and to the jobless rate reaching a record low level. According to the >>
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ECB is preparing to purchase sovereign debt
Wed, 26 Nov 2014 11:27:04 GMT
 
The ECB Vice President expects the already adopted measures to boost the Euro area's economy to be sufficient to expand the size of the balance sheet to the same level >>
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US economy data are better than expeced
Wed, 26 Nov 2014 10:18:11 GMT
 
The US economy expanded at annualised 3.9% in the quarter through September, notably exceeding the consensus of 3.3% reached among the experts. Consumer spending turned out to be the main >>
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Investors concentrate on BoE's inflation report
Tue, 25 Nov 2014 10:56:04 GMT
 
The Euro appreciated 0.16% relative to the Pound, reaching the level of 0.7931 today, as investors shift their attention to the UK Treasury Committee Hearing on the BoE's inflation report. >>
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Germany's growth relies on domestic demand as investment drops
Tue, 25 Nov 2014 10:40:08 GMT
 
Euro zone's largest economy barely grew in the third quarter of this year, its GDP went up by 0.1%. And now it becomes more apparent that Germany's recovery is mostly >>
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China weighs another rate cut
Mon, 24 Nov 2014 13:24:05 GMT
 
China's Central Bank decided to cut the interest rates for the first time in two years, as the world's second largest economy needs stimulus to avoid further slowdown. China's leadership >>
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German Ifo survey surprises to the upside
Mon, 24 Nov 2014 13:13:04 GMT
 
Germany is the principal economy of the Euro zone, and the Ifo surveys are usually awaited with great interest. However, the volatility was low before and after today's release. At >>
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Franc weakens versus US Dollar amid Draghi's speech
Fri, 21 Nov 2014 14:28:04 GMT
 
The Swiss Franc followed the footsteps of the Euro and depreciated 0.76% against the US Dollar, reaching the level of 0.9656, the lowest point since July 2013. Mario Draghi sounded >>
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Mario Draghi wants to prod up inflation
Fri, 21 Nov 2014 13:44:04 GMT
 
The difficult economic context of the Euro zone and weak confidence in its ability to weather the current headwinds have been pushing down the inflation expectations towards the levels referred >>
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UK retail sales inch up
Thu, 20 Nov 2014 13:46:03 GMT
 
Retail sales in the United Kingdom grew at a faster pace in October than expected. After an adjusted 0.4% contraction in September the volume of sales went up 0.8% against >>
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Manufacturing measure falls to a half-year low
Thu, 20 Nov 2014 13:35:04 GMT
 
Considering the latest results of a survey among purchasing managers in the production sector of China, the second largest economy appears to be in need of additional stimulus to avoid >>
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FOMC minutes may prove positive for Greenback
Wed, 19 Nov 2014 14:38:04 GMT
 
BNP Paribas economists expect the minutes from the Federal Reserve Open Market Committee meeting held in October to boost US Dollar's appreciation against the Euro, even tough the currency pair >>
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BoE votes in favour of keeping interest rate at record low
Wed, 19 Nov 2014 13:58:05 GMT
 
Despite the growing fears of inflationary pressure, a majority of the MPC members decided to keep the key interest rate unchanged. While the committee mostly agrees there are substantial risks >>
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