Economic Indicators
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U.S. trade deficit widened again in October amid oil rebound, destocking
By Geoffrey Smith Investing.com -- The U.S. trade deficit widened for the second straight month in October, as oil prices started to rise again, pushing the country's import bill higher,...
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Morgan Stanley Highly Bullish on These PSU Banks, Hikes Target Prices
By Malvika Gurung Investing.com -- Despite a gloomy session on Dalal Street on Tuesday, PSU banking stocks are trading higher and have been on investors’ watchlists for the past 6...
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German factory orders post surprisingly strong rebound in October
By Geoffrey Smith Investing.com -- Europe's manufacturing heart had a brighter month in October than seemed likely, but a stronger-than-expected rebound in incoming orders was flattered by...
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Australia posts shock Q3 current account deficit as exports shrink
By Ambar Warrick Investing.com-- Australia saw an unexpected current account deficit in the September quarter, data showed on Tuesday, as slowing growth in major trading partner China and a...
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Japan household spending weakens in October as high inflation weighs
By Ambar Warrick Investing.com-- Japanese households reduced their expenditures in October, data showed on Tuesday, as pressure from rising inflation and a decline in the average wage income...
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U.S. services sector activity unexpectedly expands in November - ISM
By Scott Kanowsky Investing.com -- Growth in the U.S. services industry unexpectedly accelerated in November, according to new data from the Institute for Supply Management on Monday. The...
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Eurozone retail sales fall by 1.8% in October - Eurostat
By Scott Kanowsky Investing.com -- Eurozone retail sales dropped sharply and by more than expected in October, according to new data on Monday from the European Commission's statistics arm,...
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China services activity shrinks further in November - Caixin PMI
By Ambar Warrick Investing.com-- China’s services sector contracted sharply in November, a private survey showed on Monday, as rapidly rising COVID-19 cases invited more lockdown measures...
