The European central bank will conduct its press conference on January 24 at 15:30 MT time.
German industrial output is suppressed by holiday in October
In October, German industrial output edged down suddenly, as data disclosed on Thursday. Most probably it was caused by public holidays, which let employees take long weekends, as the Economy Ministry and analysts informed.
Industrial output went down by 1.4% having dipped by an updated 0.9% in September. The two successive sags arose after a leapt of 2.6% in August, which is the biggest rally in more than six years.
Europe's number one economy is definitely firing on all cylinders now. State spending, consumption and soaring exports are driving surge in both services and industry.
Underpinned by low interest rates as well as a firm labor market, the German economy is weathering a political impasse coming from Chancellor Angela Merkel's inability to form a government since September’s election.
Next week Angela Merkel is supposed to start negotiations with the center-left Social Democrats on modifying their coalition that has ruled Germany since 2013.
In December, American home sales slipped to their lowest value for three years…
UK employees’ pay surge reached another 10-year maximum and employment rallied by much more than anticipated for the three months to the end of November due to the fact that the UK labor market was still firm notwithstanding other signs of an economic…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…