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1 0 Tag Archives: gdp
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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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3 European Stocks Gaining from Euro Collapse – Analyst Blog

The euro’s nosedive is boosting Eurozone stocks to record levels. Meanwhile, the region’s economy is witnessing the strongest momentum experienced since the economic crisis. Stocks are also surging higher, particularly exporters as the common currency continues to plunge. Euro’s Continual Slide On Tuesday, the Euro plunged to its lowest level in almost 12 years. The […]

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March 12, 2015
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Weak euro boosts region's business growth

For the first time since April 2014, economic activity across each of the euro zone economies expanded, Markit said in a note accompanying the data. “By nation, output growth was again led by Ireland and Spain. The rate of expansion in economic activity also accelerated to a four-month high in Germany, while […]

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March 8, 2015
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Euro area needs more bank lending

These are the political and economic problems the ECB is dealing with. France, for example, just got a three-page letter from the EU Commission with a detailed description of demand- and employment-stifling structural reforms it has to implement – as a condition of getting access to the €300 billion investment package the […]

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November 24, 2014
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Press Release: The Conference Board Leading Economic Index(R) (LEI) for the Euro Area Was Unchanged in September

The Conference Board Leading Economic Index(R) (LEI) for the Euro Area Was Unchanged in September PR Newswire BRUSSELS, Oct. 27, 2014 BRUSSELS, Oct. 27, 2014 /PRNewswire/ — The Conference Board Leading Economic Index(R) (LEI) for the Euro Area remained unchanged at 111.7 (2004=100) in September, following a […]

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October 27, 2014
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FOREX-Dollar rises after strong U.S. GDP report; euro sags

* U.S. Q2 GDP revised up to 4.2 percent * Escalation of Ukraine tensions pushes up yen, Swiss franc * Euro hits 21-month low against Swiss franc (Adds dollar gains, quotes, U.S. data; changes byline and dateline, previous LONDON) By Michael Connor NEW YORK, Aug 28 (Reuters) – The dollar got a lift from better-than-expected […]

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August 28, 2014
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5 Things To Know Ahead of the Euro-Zone GDP Report

The second quarter report on euro-zone gross domestic product should make for grim reading. GDP is expected to have expanded just 0.1% from the previous quarter, according to a survey of economists, or around 0.4% in annualized terms. That’s half the first quarter’s weak gain and far below what is needed to significantly reduce unemployment […]

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August 12, 2014
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Could Euro Weakness Hurt the US Economy?

Over the last several days I’ve noticed there has been quite a bit of US dollar strength. I’ve noticed it not just in the majors, but also in the exotics. With the Q2 GDP report right around the corner I wondered if that strength was telling us something. So I looked at what the Dollar […]

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July 29, 2014
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Lagarde's Error Could Be Costly For The Euro Area

The IMF’s Article IV consultation with the Euro area makes grim reading. It starts off upbeat: The euro area recovery is taking hold. Real activity has expanded for four consecutive quarters. An incipient revival in domestic demand is adding to the impetus from net exports. Financial market sentiment has improved dramatically, particularly after the recent ECB measures. Sovereign and […]

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June 23, 2014
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Spain to pass $8.6 billion plan to boost jobs, cut taxes in June – prime minister

MADRID (Reuters) – Spain will approve a 6.3 billion euro (5.14 billion pounds or 8.6 billion dollars) plan next week to create badly needed jobs and will cut the main rate of corporate tax to 25 percent from 30 percent to make companies more competitive, Prime Minister Mariano Rajoy said on Saturday. About one in […]

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