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👤Lisa Harris
🕔October 20, 2016
The European Central Bank (ECB) chose to leave all of its key interest rates unchanged today, in line with the market forecasts that the interest rate policy will stay in a holding stance while inflation rises slowly in the 19 bloc Eurozone area.…
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👤Nurudeen Amedu
🕔October 20, 2016
A flat reading was recorded for the UK retail sales in the month of September after the previous 0.2% decrease in the month of August. The figures, from the Office for National Statistics today, also revealed that sales with the exception of auto fuel were unchanged from August.…
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👤Xinyang
🕔October 20, 2016
News Event
From Trading Economics: Producer prices in Germany declined by 1.4 percent year-on-year in September of 2016, compared to a 1.6 percent fall in August. It was the smallest decrease since July 2015 while market expected a 1.2 percent drop.…
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👤Arthur Greene
🕔October 19, 2016
The Bank of Canada Governor Poloz in his press conference after the Bank of Canada’s rate decision, said that further policy measures had been discussed in the meeting, his statements were rather more dovish. He said that there had been a major rally in exports since the month of July, but the overall export levels was still lower than the market had anticipated.…
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👤Xinyang
🕔October 19, 2016
Fundamental Outlook: EUR/JPY
During the London session, UK jobs data beat expectations, suggesting that the labour market was largely unaffected to this point by Britain’s decision to leave the EU in June. The unemployment rate held at 4.9%, unchanged from the previous period and wages continued to grow, up by 2.3%.…
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👤Nurudeen Amedu
🕔October 19, 2016
Oil prices edged higher on Tuesday as the market anticipated an output cut from the Organization of Petroleum Exporting Countries (OPEC), and further extended its gains in post-settlement trade as the American Petroleum Institute’s (API) data last week revealed a surprising dip in the US crude inventories.…
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👤Arthur Greene
🕔October 19, 2016
The Chinese industrial production recorded a weaker than expected growth in the month of September as broad gauges of consumer spending and fixed-asset investment edged higher creating a mixed atmosphere for the economic outlook of the Chinese economy at the close of the third quarter.…
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👤Xinyang
🕔October 19, 2016
News Event
From Trading Economics: UK jobless rate held steady at 4.9 percent for the third straight time in the three months to August of 2016, in line with market expectations. It stood at the lowest level since July to September 2005, as the number of people in work and the number of unemployed people increased, while the number of economically inactive people fell.…
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China Economy Expanded in Q3
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👤Xinyang
🕔October 18, 2016
News Event
From Trading Economics: The Chinese economy expanded an annual 6.7 percent in the September quarter of 2016, the same pace as in the previous two-quarters.The figure was in line with market expectations, supported by an increase in government spending, fixed asset investment and retail sales while industrial output eased.…
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👤Arthur Greene
🕔October 18, 2016
There has been a spike in the Canadian manufacturing sales for the month of August as the recorded figures came in more than expected, the release also strengthened the probability that the country will experience an economic rebound in the third quarter after shrinking in the second.…
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