European Economics Preview: Germany's Wholesale Price Data Due

Wholesale price data from Germany is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany’s wholesale price figures for December. Prices had increased 0.8 percent annually in November. In the meantime, Finland’s consumer price data for December is due. In November, inflation ...

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China Exports Fall More Than Expected In December

China’s exports declined at a faster-than-expected pace in December, data from the General Administration of Customs reportedly showed Friday. Exports fell 6.1 percent year-over-year in December, exceeding economists’ forecast for a decrease of 4.0 percent. At the same time, imports grew 3.1 percent annually in December, just above the 3.0 ...

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NZ Dollar Advances Against Most Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Friday. The NZ dollar rose to a 4-week high of 1.4905 against the euro and a 10-day high of 81.87 against the NZ dollar, from yesterday’s closing quotes of 1.4950 and 81.37, respectively. Against the U.S. ...

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Japan M2 Money Stock Gains 4.0% In December

The M2 money stock in Japan was up 4.0 percent on year in December, the Bank of Japan said on Friday – coming in at 958.7 trillion yen. That was shy of forecasts for an increase of 4.1 percent and up from the downwardly revised 3.9 percent gain in November ...

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China Trade Data On Tap For Friday

China will on Friday release December numbers for imports, exports and trade balance, highlighting a busy day in Asia-Pacific economic activity. Imports are expected to add 3.0 percent on year after rising 6.7 percent in November. Exports are called lower by an annual 3.8 percent after gaining 0.1 percent in ...

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New Zealand Overall Credit Card Spending Steady In December

The total value of overall credit card spending in New Zealand was roughly flat on a seasonally adjusted basis in December, Statistics New Zealand said on Friday. That followed the 0.3 percent contraction in November. Retail credit card spending was up 0.1 percent on month, missing forecasts for an increase ...

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