U.K. Manufacturing Output Growth Accelerates

British manufacturing sector gained strength in September as the weakening in the pound following the ‘Brexit’ vote boosted demand, while industrial output dropped unexpectedly on a fall in oil extraction. Manufacturing output advanced at a faster pace of 0.6 percent after rising 0.2 percent in August, figures from the Office ...

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Croatia Trade Deficit Widens In August

Croatia’s foreign trade deficit increased in August from a month ago, figures from the Croatian Bureau of Statistics showed Tuesday. The trade deficit widened to EUR 641.2 million in August from EUR 616.0 million in the previous month. In the corresponding month last year, the shortfall was EUR 540.4 million. ...

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Pound Drops Ahead Of U.K. Industrial Production

At 4:30 am ET Tuesday, the Office for National Statistics publishes U.K. industrial production for September. Economists forecast industrial output to rise 0.1 percent on month, following a 0.4 percent drop in August. Ahead of the data, the pound declined against its major rivals. The pound was worth 1.2435 against ...

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Pound Rises Against Majors

The pound strengthened against its major counterparts in early European deals on Tuesday. The pound advanced to 0.8893 against the euro, 1.2439 against the dollar and 129.94 against the Japanese yen, from its early lows of 0.8915, 1.2386 and 129.27, respectively. The pound edged up to 1.2112 against the Swiss ...

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German Exports Decline In September

German exports and imports declined in September after recovering a month ago, Destatis reported Tuesday. Exports fell by less-than-expected 0.7 percent in September from August, when it grew 3.4 percent. Shipments were expected to drop 0.8 percent. Likewise, imports slid 0.5 percent following a 1.9 percent rise in August. Economists ...

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China's Exports Fall More Than Expected

China’s exports declined more-than-expected in October as seen in previous months, leaving the economy to rely on domestic demand and vulnerable property investment to attain a moderate growth. Exports decreased 7.3 percent in October from the a year ago, data from the General Administration of Customs revealed Tuesday. Shipments were ...

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