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Added on the 27/11/2014 13:56:16 - Copyright : Euronews EN
German business morale improved unexpectedly in October, hitting its highest level in 2-1/2 years, suggesting company executives have become more optimistic about the growth prospects for Europe's largest economy. Sonia Legg reports
German business morale improved unexpectedly in October, hitting its highest level in 2-1/2 years, suggesting company executives have become more optimistic about the growth prospects for Europe's largest economy. Sonia Legg reports
German unemployment fell by more than expected in January, with the jobless rate sinking to a new record low, pointing to steady growth in Europe's largest economy despite an economic slowdown in emerging markets. Sonia Legg reports.
Consumer inflation in China slowed more than forecasted pressuring the central bank to curb further deflationary risks. Meg Teckman reports.
The euro has extended losses into a sixth straight day to trade near a nine-year low as investors bet the ECB was getting closer to adopting quantitative easing to ward off deflation. As Sonia Legg reports a slump in German industrial orders and concerns over Greece reinforced bearish views of the single currency.
Brent crude oil has fallen almost $2 a barrel hitting a new five-year low. As Sonia Legg reports the slump followed predictions that oversupply will keep building until next year after OPEC decided not to cut output.