Date archive forAugust, 2016
Turkish Central Bank
By Viliyana Filipova On Wednesday, August 24th, 2016
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Turkish Central Bank lowered interest rate on overnight deposits

Turkish Central Bank lowered interest rate on overnight deposits for the sixth consecutive month by 25 basis points to 8.5%, despite high inflation and concerns about possible credit downgrades. The regulator left More...

German economy
By Silvia Hristova On Wednesday, August 24th, 2016
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Growth of German economy continue at slower pace in Q2 2016

Growth of the German economy continue with slower pace in second quarter of 2016. The final reading of GDP data confirmed that the quarterly increase amounts to 0.4%, said the German statistic institute Destatis. More...

British manufacturing
By Victoria Lynden On Wednesday, August 24th, 2016
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British manufacturing benefits from cheaper currency

British manufacturing benefits from cheaper currency, as export orders reached its highest level in two years. The index of foreign demand increased to -6 percentage points this month, according to a survey of the More...

Fed divisions
By Viliyana Filipova On Wednesday, August 24th, 2016
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Boards of Fed divisions asked for increase on discount rate

Boards of eight from twelve divisions of US Federal Reserve asked last month for increase of interest rate on direct loans from the Fed with 25 basic points to 1.25%. This is the first time for moods in such direction, More...

Japanese manufacturing activity
By Silvia Hristova On Tuesday, August 23rd, 2016
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Japanese manufacturing activity showed signs of stabilizing in August

Japanese manufacturing activity showed signs of stabilizing in August, as corresponding index rose for the first time in six months. The Purchase Managers Index (PMI) rose by 0.3 points in August to 49.6 points, More...

Business activity in Eurozone
By Viliyana Filipova On Tuesday, August 23rd, 2016
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Business activity in Eurozone accelerated in August

Business activity in Eurozone accelerated in August, as Purchase Managers Index rose by 0.1 points to 53.3 points, which the highest level in seven months. The index is only slightly above average for the year, More...

NZD
By Silvia Hristova On Tuesday, August 23rd, 2016
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New Zealand dollar rose after Reserve Bank statement

New Zealand dollar rose by almost 1% against the US dollar after the Reserve Bank indicated that they would be careful with future reductions in interest rates. The pair NZD/USD was traded early this morning at More...

account deficit of European Union
By Viliyana Filipova On Monday, August 22nd, 2016
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Current account deficit of European Union expands in June

The current account deficit of the European Union (EU) expands to 13.1 billion EUR in June 2016, from 12.4 billion EUR in May 2016 and 9.9 billion EUR in June 2015. For the month, the current account surplus of More...

Haruhiko Kuroda
By Viliyana Filipova On Sunday, August 21st, 2016
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Bank of Japan does not except reducing of already negative interest rates

Bank of Japan does not except reducing of the already negative interest rates, despite that the controversial policy failed to stimulate inflation or economic growth, according to the Governor of the Bank Haruhiko More...

Manufacturing prices in Germany
By Viliyana Filipova On Friday, August 19th, 2016
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Manufacturing prices in Germany decreased in July

Manufacturing prices in Germany decreased by 2% yoy and surprised economists. This is the weakest decline on an annual basis since August 2015. On a monthly basis, however, manufacturing prices rose by 0.2% in July. More...

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