Poland’s Industrial Output Falls More Than Forecast

Poland’s industrial production declined more than expected in July on sharp reduction in manufacturing, data from the Central Statistical Office revealed Friday. At the same time, producer price inflation accelerated in July, the statistical office said in a separate communique. Industrial production fell 8.5 percent in July from June, bigger than the expected 6.7 percent ...

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Loonie Rises Following Canada CPI

Following the release of Canada consumer prices for July at 8:30 am ET Friday, the loonie advanced against its major rivals. The loonie was trading at 1.4835 against the euro, 86.33 against the yen, 1.0002 against the aussie and 1.2627 against the greenback around 8:32 am ET. The material has ...

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India’s Trade Deficit Likely To Remain Under Control: Capital Economics

The narrowing in India’s trade deficit in July and a number of factors should ensure that it remains in check over the coming months, Shilan Shah, an economist at Capital Economics, said. “This should keep India’s financial markets relatively secure in the event that global investor sentiment turns against emerging ...

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Loonie Advances As Canadian Inflation Rises

The Canadian dollar climbed against its major rivals in the European session on Friday, after a data showed that the nation’s inflation improved more than forecast in July. Data from Statistics Canada showed that Canadian inflation rose 0.2 percent on a seasonally adjusted monthly basis in July. This follows a ...

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Dollar Mixed Ahead Of U.S. Consumer Sentiment Index

The Institute for Social Research of the University of Michigan’s Consumer Sentiment for August will be issued at 10.00 am ET Friday. The economists are looking consensus of 94.0, slightly down from 93.4 in the previous month. Ahead of the data, the greenback traded mixed against its major rivals. While ...

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Gold Slinks Back Below $1300 As Bannon Departs

the University of Michigan released a report on Friday showing a much bigger than expected improvement in U.S. consumer sentiment in the month of August. The report said the preliminary reading on the consumer sentiment index for August jumped to 97.6 from the final July reading of 93.4. Economists had ...

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ARGENTINA: U.S. Resumes Argentinean Fresh Lemons Imports After 16 Years

The United States Department of Agriculture (USDA) definitively authorized Argentinean fresh lemons to entry the country, ending a 16 years suspension. According to Argentina’s Ministry of Foreign Affairs, the fresh lemons exports to the U.S. were authorized after the South American country producers had met the phytosanitary requirements. According to ...

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ARGENTINA: World Bank Authorizes Loans For More Than US$ 400 Million

The World Bank has authorized Argentina to contract more than US$ 400 million in three new credit lines to improve access to housing, administrative services and to increase the Belgrano Rail Plan funding. The loan was signed by the Argentinean Finance Minister Luis Caputo and the World Bank President Jim ...

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