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Source: IFX
After a strong start on Wall Street - which saw the three benchmark indices gain at least 1.1% each - the Footsie ended in positive territory, despite dipping into the red in the afternoon. However, gains were only modest as volatile trade continu...
Source: IFX
UK manufacturing orders saw a slight improvement in August, according to lobbying group the Confederation of British Industry (CBI), while inflationary pressures appear to be finally easing.
The CBI industrial trends survey showed that the tota...
Source: IFX
The German economic climate indicator fell to -37.6 from -15.1 points in July, according to the ZEW Institute based in Mannheim, Germany. The consensus was expecting a reading of -26.0.
The August reading was the lowest since December 2009.
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Source: IFX
There was a slight sign of an uplift in mortgage lending activity in July, though the total amount lent to home buyers by banks remained the same as in June.
Figures from the British Banking Association (BBA) indicated gross mortgage lending in...
Source: IFX
The Purchase Manager Indices (PMIs) compiled by Markit Economics revealed that the European economic slowdown continued in August.
Preliminary PMI manufacturing for August in the Eurozone fell to a 23-month low at 49.7, less than the significan...