Ukraines GDP Up by 3.9 yy in JanAug, Economy Ministry

KYIV, Sept 18 Reuters Ukraine39;s gross domestic product grew by 3.9 yearonyear in the first eight months of the year, the economy ministry said on Wednesday. The ministry also said in a statement that GDP had grown by 3.5 yearonyear in August. Yulia Svyrydenko, first deputy prime minister and economy minister, said that better access […]
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South African Rand Stable, Markets Focus on Fed Rate Cut

JOHANNESBURG, Sept 17 Reuters The South African rand held steady on Tuesday, with investor focus on Wednesday39;s U.S. Federal Reserve policy decision which could see it deliver a big interest rate cut. At 1501 GMT, the rand traded at 17.635 against the dollar , not far from its Monday closing level of 17.6225. Markets are […]
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US Manufacturing Output Rebounds in August

WASHINGTON, Sept 17 Reuters Production at U.S. factories surged in August amid a rebound in motor vehicle output, but data for the prior month was revised lower, suggesting that manufacturing continued to tread water. Factory output increased 0.9 last month after a downwardly revised 0.7 drop in July, the Federal Reserve said on Tuesday. Economists […]
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US Economy on Solid Ground, Retail Sales Surprise on Upside

Retail sales increase 0.1 in August Core retail sales rise 0.3; July sales revised up Manufacturing production rebounds 0.9 Business inventories increase 0.4 WASHINGTON, Sept 17 Reuters U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting that the economy […]
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Germany to Invest 12B Euros by 2030 to Strengthen Startups

BERLIN, Sept 17 Reuters Germany will invest around 12 billion euros 13.35 billion to strengthen the venture capital environment for startups, according to a declaration signed on Tuesday at the Startup Germany Summit. The declaration, signed by the government, business associations, the KfW state bank and actors from the startup environment, includes measures to improve […]
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Sterling Holds Gains on Eve of UK Data, US Rate Decision

LONDON, Sept 17 Reuters The British pound held firm against the dollar on Tuesday, maintaining Monday39;s gains, as traders geared up for UK inflation data, a Bank of England meeting and an expected start to a U.S. easing cycle this week. Sterling hovered slightly in positive territory on the day at 1.3224, having risen 0.7 […]
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C Dips as Inflation Data Fuels BoC Upsized Rate Cut Talk

Canadian dollar weakens 0.1 against the greenback Trades in a range of 1.3581 to 1.3616 Canada39;s annual inflation rate slows to 2 Bond yields rise across the curve TORONTO, Sept 17 Reuters The Canadian dollar edged lower against its U.S. counterpart on Tuesday as domestic inflation data suggested to some investors that the Bank of […]
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