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Taiwan Manufacturing Sector Ebbs In September – Nikkei

The manufacturing sector in Taiwan continued to expand in September, albeit at a slower rate, the latest survey from Nikkei revealed on Monday with a manufacturing PMI score of 50.8. That’s down from 53.0 in August, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Individually, production declined for the…

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BoJ Tankan: Manufacturing Index Eases To +19 In Q3

An index monitoring business sentiment in Japan slowed in the third quarter of 2018, the Bank of Japan said on Monday in its quarterly Tankan business survey. The large manufacturers’ index came in with a score of +19, missing expectations for +22 and down from +21 in the previous quarter. The outlook came in at…

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Australia Manufacturing Sector Surges In September – AiG

The manufacturing sector in Australia continued to expand in September, and at a faster rate, the latest survey from the Australian Industry Group revealed on Monday with a Performance of Manufacturing Index score of 59.0. That’s up from 56.7 in August, and it moves further above the boom-or-bust line of 50 that separates expansion from…

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Sweden Retail Sales Rise In August

Sweden’s retail sale rose in August, albeit at a slower-than-expected pace, for the first time in four months, preliminary data from Statistics Sweden showed Friday. Retail sales rose a seasonally adjusted 0.8 percent from July, when they were unchanged. Economists had forecast 1 percent increase. The latest gain was the first since April. On a…

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Gold Extends Losses After Upbeat US Data

Gold extended losses on Friday to hover near six-week lows as the dollar firmed up after the release of upbeat U.S. data and remarks from Federal Reserve Chairman Jerome Powell that the central bank’s gradual interest-rate increases are helping sustain the economic expansion. Spot gold was flat at $1,183.10 after having touched its lowest since…

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Croatia Industrial Production Falls For Second Straight Month

Croatia industrial production decreased for a second straight month in August, figures from the Bureau of Statistics showed on Friday. The industrial production index decreased 1 percent year-on-year following a 0.9 percent slump in July. The latest fall was the biggest since April, when output decreased 1.3 percent. Manufacturing output decreased 1.7 percent after a…

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Eurozone Inflation Exceeds Target In September

Eurozone inflation increased in September, exceeding the central bank’s ceiling, on food and energy prices, while core price growth eased unexpectedly, official data showed Friday. Inflation rose marginally to 2.1 percent, in line with expectations, from 2 percent in August, Eurostat reported. A similar 2.1 percent was logged in July. Final data is due on…