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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Eurozone Q3 GDP Growth Exceeds Expectations

The euro area economy expanded at a faster than expected pace in the third quarter and the unemployment rate fell to a more than eight-year low level, while inflation slowed largely on energy prices, data published by Eurostat revealed Tuesday.Gross do…

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U.S. Income Growth Matches Estimates, Spending Jumps More Than Expected

While the Commerce Department released a report on Monday showing U.S. personal income rose in line with economists in the month of September, the report also showed a bigger than expected jump in personal spending.The post U.S. Income Growth Matches E…

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U.S. Leading Economic Index Unexpectedly Edges Lower In September

For the first time in the last twelve months, the Conference Board released a report on Thursday showing an unexpected drop by its index of leading U.S. economic indicators in the month of September. The Conference Board said its leading economic index…

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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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U.S. Weekly Jobless Claims Drop To Lowest Level In Over Forty Years

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than anticipated in the week ended October 14th, with claims sliding to their lowest level in over forty years. The report s…

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China’s Exports Grow Less Than Forecast; Imports Growth Tops Expectations

China’s exports expanded at a slower than expected pace but remained robust in September. At the same time, imports growth exceeded expectations on improving domestic demand. Exports climbed 8.1 percent year-over-year in September, data from the Genera…

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