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  • Manufacturing in August 2022: new orders down 2.4% on the previous month

    From destatis.de

    Real (price adjusted) new orders in manufacturing decreased by 2.4% on a seasonally and calendar adjusted basis in August 2022 compared with July 2022, according to provisional results of the Federal Statistical Office (Destatis). Excluding large-scale orders, there was an increase of 0.8%. Compared with August 2021, new orders fell by a calendar adjusted 4.1% in August 2022After revision of the provisional results, new orders increased by 1.9% in July 2022 on June 2022 (provisional figure: -1.1%) and remained unchanged when large-scale orders were disregarded (provisional figure: -0.8%). The large revision of the ... (full story)

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    USD/JPY to Eye a Return to 145.5 on US Jobless Claims and Fed Chatter

    From fxempire.com|Oct 6, 2022|1 comment

    It is a quiet start to the Asian session for the USD/JPY pair, with no economic indicators from Japan for the markets to consider. Following a pickup in service sector activity at ...

    US accuses OPEC+ of aligning with Russia, Gulf states deny politics at play

    From middleeasteye.net|Oct 6, 2022|2 comments

    Ministers from a group of oil exporting countries led by Saudi Arabia and Russia agreed on Wednesday to slash output by two million barrels a day, prompting pushback from the US ...

    New Zealand Can Avoid Recession as Rates Climb, Robertson Says

    From bnnbloomberg.ca|Oct 6, 2022

    New Zealand can avoid a recession during the central bank’s rapid policy tightening to slow inflation as its economy remains resilient, Deputy Prime Minister Grant Robertson said. ...

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    Bears fortify bets on Asian FX on resilient US dollar, growth fears: Reuters Poll

    From channelnewsasia.com|Oct 6, 2022

    Analysts' positions on most emerging Asian currencies firmed deep in bear territory, a Reuters poll found, as a resilient dollar, a coerced yuan, a decisively hawkish U.S. Federal ...

    BOJ upbeat on regional Japan economy, flags wage hike prospect

    From brecorder.com|Oct 6, 2022

    Most of Japan’s regional economies are picking up moderately with some firms considering raising wages, the central bank said in a quarterly report, underscoring its hope that ...

    UK construction output returns to growth in September, but business expectations hit 26-month low

    From pmi.spglobal.com|Oct 6, 2022|1 comment

    UK construction companies signalled a modest increase in business activity during September, which represented a return to growth after two months of falling output. However, ...

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  • Story Stats
  • Posted: Oct 6, 2022 2:11am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 782
  • Linked event:
    EUR German Factory Orders m/m
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