• The French economy is growing by 0.5% in Q2

    29 Aug 2017 01:24 PM |

    The French economy, the second largest economy in the euro area, grew in the second quarter of 2017, driven by foreign trade and consumer spending. GDP grew by 0.5% on a quarter-on-quarter basis, confirming a preliminary reading.

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  • The strength of the labor market reinforces the hopes of the Japanese economy getting out of recession

    29 Aug 2017 12:24 PM |

    Japan's consumer spending unexpectedly fell in July despite a continuing improvement in the labor market, providing some hope for faster wage growth and thus helping the world's third-largest economy to get rid of long decades of deflation.

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  • Schaeuble: Greek debt reduction is not on our agenda right now

    29 Aug 2017 11:12 AM |

    Wolfgang Schaeuble, German Finance Minister, made the following statement:
    • The issue of Greek debt reduction is not on our agenda at all for now.

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  • Japan economy minister: consumer spending is gradually recovering

    29 Aug 2017 10:29 AM |

    Toshimitsu Motegi, Japan's Minister of Economy, made the following remarks:
    • We need to look at many economic data to judge the strenghth of consumer spending.

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  • North Korea provoke panic in the market

    29 Aug 2017 09:52 AM |

    Markets rushed to safe havens after North Korea fired a rocket passed over northern Japan in a provocative act from Pyongyang that led to increased global tensions. The missile landed in the Pacific Ocean about 1,200 kilometers from Japanese shores.

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  • Trump threatens to end NAFTA agreement via Twitter

    28 Aug 2017 05:48 PM |

    US President Donald Trump tweeted yesterday expressed that he wasn't pleased with the NAFTA renegotiation process. Trump said: " We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada. Both being very difficult, may have to terminate?"

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  • Oil production in Texas halted due to Harvey Hurricane

    28 Aug 2017 01:45 PM |

    The oil refineries in Texas have shut down due to the rain and floods caused by Hurricane Harvey. The loss of production could result in more than 1 million barrels per day of refining capacity in Houston and Galveston, and that does not include hundreds of thousands of barrels in Corpus Christi.

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  • BTMU warns against buying euro

    28 Aug 2017 11:47 AM |

    Comments from the Bank of Tokyo - Mitsubishi after the end of the Jackson Hole Conference as follows:
    • Statements by Janet Yellen, the Federal Reserve Governor and almost free to talk about monetary policy through Jackson hole are not unexpected.

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