Data from the German statistics office on Thursday showed a downward revision to GDP from zero to -0.3% for the first three months of the year. Germany also recorded a 0.5% contraction in the last ...
German inflation dropped below 2% for the first time since March 2021, opening the door for a rate cut at the European Central Bank’s September meeting. Today’s drop in German inflation is the result ...
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Euro Falls After German PMI Data
0755 GMT – The euro falls slightly after a key measure of German manufacturing and services activity missed expectations. The German composite purchasing managers’ index fell to 50.3 in July from 50.4 ...
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