German Factory Orders Grow Unexpectedly In September

Germany’s factory orders increased unexpectedly in September driven by foreign demand, while domestic orders remained weak. Factory orders grew 1 percent month-on-month in September, but slower than August’s revised 4.1 percent increase, data from Dest…

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U.S. Consumer Sentiment Improves Slightly Less Than Initially Estimated

Consumer sentiment in the U.S. improved by slightly less than initially estimated in the month of October, the University of Michigan revealed in a report on Friday. The report said the consumer sentiment index for October was downwardly revised to 100…

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U.S. Consumer Sentiment Improves Slightly Less Than Initially Estimated

Consumer sentiment in the U.S. improved by slightly less than initially estimated in the month of October, the University of Michigan revealed in a report on Friday. The report said the consumer sentiment index for October was downwardly revised to 100…

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Dovish Draghi’s Cautious Move To QE Exit

The European Central Bank announced on Thursday that it will trim its massive stimulus from January, but will continue them for nine months, while a dovish Mario Draghi refused to call the move “tapering” and signaled room for a reversal of stance if t…

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U.S. Pending Home Sales Unexpectedly Flat In September

Pending home sales in the U.S. were unexpectedly flat in the month of September, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index came in at 106.0 in September, unchanged from a d…

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Philadelphia Manufacturing Activity Unexpectedly Grows At Faster Rate

Philadelphia-area manufacturing activity unexpectedly grew at a faster rate in the month of October, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current manufacturing activit…

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