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1 0 Tag Archives: data
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Italy's Euro Party Not Universal as Ferrari, Campari Rejoice

As some of Italy’s best-known brands from Ferrari to Campari toast the weaker euro, many in the currency region’s third-biggest economy have little to celebrate so far. The euro’s drop below $ 1.10 is favoring companies focused on markets outside the 19-nation bloc. But with more than 40 percent of the nation’s exports going to […]

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April 9, 2015
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Services sector boasts further growth

Ireland’s services sector expanded during March, as companies operating in the sector continue to benefit from a recovering economy. However, the sharp fall in the value of the euro during the month contributed to a significant rise in input costs. According to the latest Services Purchasing Managers’ Index from Investec, March saw further growth in […]

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April 7, 2015
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Euro zone business growth up as new orders pour in

Euro zone business activity accelerated in March at its fastest pace for nearly a year as customers took advantage of ongoing price discounting to place new orders at a rate not seen since mid-2011. The upbeat survey will provide welcome news for the European Central Bank just weeks after it embarked on a trillion-euro […]

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April 7, 2015
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Euro zone business growth accelerates as new orders pour in

By Jonathan Cable LONDON, (Reuters) – Euro zone business activity accelerated in March at its fastest pace for nearly a year as customers took advantage of ongoing price discounting to place new orders at a rate not seen since mid-2011, a survey found. The upbeat survey will provide welcome news for the European Central Bank […]

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April 7, 2015
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Euro Rises Fourth Day as Greek Officials Promise IMF Payment

The euro advanced for a fourth day after Greece pledged to make a payment to the International Monetary Fund this week. The shared currency climbed versus most of its major counterparts after Greece’s Finance Minister Yanis Varoufakis reiterated that the country will make the payment of about 450 million euros ($ 494 million) due April […]

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April 6, 2015
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Currencies: Dollar extends drop vs. euro after payrolls-inspired selloff

The euro edged higher versus the dollar Monday, extending gains scored Friday after weaker-than-expected nonfarm payrolls data saw investors push back expectations for a rate hike by the Federal Reserve. The euro […]

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April 6, 2015
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Euro down on Greece uncertainty, rate outlook drives dollar up

LONDON: The euro fell on Monday, hurt by uncertainty over whether Greece and its creditors will be able to strike a deal that will help Athens secure funding before it runs out of money by April 20. Talks continued through the weekend and Athens sounded upbeat, but its lenders said compiling a list of reforms […]

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Euro zone unemployment rate falls 11.3% in February from 11.4%

Investing.com – Investing.com – The euro zone’s unemployment rate fell to the lowest level since June 2012 in February, boosting optimism over the health of the region’s economy, official data showed on Tuesday. In a report, Eurostat said that the euro zone’s unemployment rate fell to a seasonally adjusted 11.3% last month from 11.4% […]

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Euro Extends Decline On Greece Uncertainty, Weak Eurozone Data

The euro continued its slide against the other major currencies in European deals on Tuesday, after Eurozone inflation fell for the fourth month in a row in March, whereas jobless rate worsened more-than-forecast in February. Market participants are also worried about Greece debt talks, as the country will run out of money in three weeks […]

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March 31, 2015
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Euro Heads for Fourth Quarterly Drop

(Bloomberg) — The euro is set for the biggest quarterly slide versus the dollar since its inception and options trading indicates there’s more weakness to come. In addition to a Federal Reserve that’s on track to raise interest rates, Europe’s 19-nation currency is being hobbled by the European Central Bank’s monetary stimulus and Greece’s struggle […]

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March 31, 2015