Hawkish BoE Holds Rate At 15-Year High

The Bank of England left its benchmark interest rate unchanged for the second straight meeting on Thursday as economic activity in the UK is projected to be weaker than previously estimated and the labor market showed signs of loosening, and…

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China GDP Growth Exceeds Expectations

China’s economy expanded more than expected in the third quarter underpinned by policy support, suggesting that Beijing is all set to achieve its around 5 percent growth target this year as the property market downturn remains the only major drag…

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German Industrial Output Continues To Fall In August

Germany’s industrial production continued to decline in August on weak construction and energy output but the overall pace of contraction softened, data from Destatis showed on Monday. Industrial output decreased 0.2 percent from July, when it dropped by revised 0.6…

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UK Manufacturing Downturn Continues

The UK factory downturn continued in September on weak output, new orders and employment, final survey results from S&P Global showed on Monday. The Chartered Institute of Procurement & Supply factory Purchasing Managers’ Index posted 44.3 in September, up from…

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