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Euro Little Changed Following Eurozone CPI, Trade Data

At 5:00 am ET Monday, Eurostat has released Eurozone trade data for October and consumer inflation for November. After these data, the euro changed little against its major counterparts. The euro was trading at 128.39 against the yen, 1.1283 against the franc, 0.8991 against the pound and 1.1329 against the greenback around 5:01 am ET.…

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Eurozone November Inflation Revised Lower To 1.9%

Eurozone consumer price inflation in November eased more than initially estimated, latest data from Eurostat showed on Monday. The consumer price index rose 1.9 percent year-on-year, which was slower than the 2 percent flash estimate on November 30. The figure is the lowest since May, when it was at the same level. Inflation eased from…

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Czech Producer Price Inflation Remains Unchanged

The Czech Republic’s producer price inflation remained unchanged in November, data from the Czech Statistical Office showed on Monday. Producer prices inflation was 3.9 percent in November, same as in October. Price growth was 3.2 percent in September. Economists had expected a figure of 3.7 percent. A significant rise in prices of coke and refined…

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Gold Prices Inch Higher On Dollar Weakness

Gold prices inched higher on Monday as the dollar weakened slightly ahead of key central bank meetings this week, with the Fed widely expected to raise its benchmark interest rates Wednesday by 25 basis points. Spot gold rose 0.23 percent to $1,239.86 per ounce after closing at its lowest level since Dec. 4 at $1,232.39…

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UK Household Finance Index At 6-month Low: IHS Markit

UK households’ assessment of their future financial wellbeing fell to its lowest level in six months in December, amid a stronger increase in living costs and a weaker rise in employee earnings, survey data from the IHS Markit and Ipsos MORI showed on Monday. The IHS Markit Household Finance Index, or HFI, fell to 43.9…

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Oil Prices Inch Higher After Selloff

Oil prices rose slightly on Monday after falling more than 2 percent on Friday, weighed down by a falling U.S stock market and weak data from China pointing to lower fuel demand. Prices remained supported after energy services firm Baker Hughes said U.S. drillers cut four oil rigs in the week to Dec. 14, pulling…