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20/10/2017 - The eurozone in August posted a current account surplus of 33.3 billion euros, reflecting surpluses for goods (28.2 billion), primary income (10.3 billion) and services (7.2 billion), which were partly offset by a deficit for secondary income (12.4 billion), data released by the European Central Bank showed. RADIOCOR
20/10/2017 - China in the third quarter posted a 6.8% annual rise in its gross domestic product, slowing from the 6.9% growth seen in the second quarter, the official Xinhua news agency reported citing data from the National Bureau of Statistics. RADIOCOR
18/10/2017 - Moody's Investors Service said it has maintained its negative outlook on the Italian banking system, reflecting the continued pressure on the country's banks to reduce their large stock of problem loans in the context of limited capital-raising opportunities, persistently weak profitability, and significant credit exposure to the Italian government. RADIOCOR
18/10/2017 - Italy's trade surplus rose to 2.8 billion euros in August, ISTAT said Tuesday. Exports were 4.2% up in August on July, the statistics agency said, and 8.4% up over the year. ANSA
16/10/2017 - The eurozone in August posted a 16.1 billion euro trade in goods surplus with the rest of the world compared with a surplus of 17.5 billion a year ago, according to the first estimate released by Eurostat, the statistical office of the European Union. RADIOCOR
16/10/2017 - The Federal Reserve will probably need to raise interest rates in December and then three of four times “over the course of next year,” assuming the U.S. unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said. REUTERS
13/10/2017 - Italy's annual inflation rate fell to 1.1% in September from 1.2% in August, ISTAT said Friday, confirming the flash estimate it gave at the end of last month. The retail price index fell a monthly 0.3%. ANSA
13/10/2017 - Italy's deficit is forecast to drop to 0.3% of GDP in 2019 from 1.3% in 2018, the International Monetary Fund said, lowering its previous 0.7% forecast in April. RADIOCOR
11/10/2017 - The International Monetary Fund on Tuesday raised its Italy growth forecasts to 1.5% in 2017 and 1.1% in 2018%, 0.2% and 0.1% higher than previous forecasts. The IMF also said Italy's national debt will rise to 133% of GDP in 2017 and the budget deficit will be 2.2% of GDP. ANSA
11/10/2017 - Italian bank loans to the private sector rose 1.1% year on year in August after climbing 1.4% in July, monthly data from the Bank of Italy showed. Loans to households rose 2.7% year on year in August, the same growth rate as in July, while loans to non-financial firms fell 0.1% after rising 0.3% in July. RADIOCOR
09/10/2017 - Euro zone banks are well prepared for sharp changes in interest rates, the European Central Bank said on Monday after simulating scenarios from sudden monetary tightening to the lending freeze that followed Lehman Brothers’ collapse. The results come as the ECB prepares to start dialing back its monetary stimulus after years of ultra-low interest rates and massive bond purchases, paving the ground for rate hikes further down the line. REUTERS
09/10/2017 - Investor sentiment in the euro zone rose more than expected in October, hitting a 10-year high in its first reading since Germany held national elections two weeks ago, a survey showed on Monday. The Frankfurt-based Sentix research group’s euro zone index rose to 29.7 points from 28.2 in September. The October reading beat a consensus forecast of 28.5 in a Reuters poll of analysts. REUTERS
06/10/2017 - The European Central Bank is increasingly confident it will be able to start to wind down its quantitative easing scheme from next year as the eurozone economy continues to improve, minutes from the ECB's latest policy meeting showed. RADIOCOR
06/10/2017 - The business investment rate in the eurozone rose to 23.2% in the second quarter of 2017 from 22.9% in the previous quarter, according to data from European Union statistics office Eurostat and the European Central Bank. The business profit share in the euro area was 40.8% in the second quarter compared with 40.5% in the first. RADIOCOR
04/10/2017 - Italy's gross domestic product growth this year could come in slightly better than the 1.4% expected, said Bank of Italy deputy director general Luigi Signorini in a Senate hearing on the update to the budget. "The projections that we published in the economic bulletin in July foresee a GDP growth of 1.4% in 2017 and slightly less in the two subsequent years. The information that has been made available over the past few weeks suggest that the result for this year could be slightly better," he said. RADIOCOR
04/10/2017 - Italian households' propensity to save, the proportion of monthly income that is put aside, dropped to 7.5% in the second quarter of 2017, down 0.2 of a percentage point on the previous three months and 1.5 points on the same period last year, ISTAT said Tuesday. The agency said this was the lowest level since late 2012. ANSA
02/10/2017 - The euro area's seasonally-adjusted unemployment rate was 9.1% in August, unchanged on the previous month and down from 9.9% in August 2016, data from European Union statistics office Eurostat showed. The jobless rate remains at the lowest rate recorded in the euro area since February 2009, Eurostat noted. RADIOCOR
02/10/2017 - Prime Minister Theresa May’s top ministers are all frustrated by the slow pace of Brexit negotiations, but her team owes her its loyalty as she negotiates Britain’s departure from the European Union, finance minister Philip Hammond said on Monday. REUTERS
29/09/2017 - Italian inflation fell to 1.1% in September from 1.2% in August, ISTAT said in its preliminary estimates Friday. The retail price index fell a monthly 0.3%, its sharpest drop in almost two years - since November 2015 when it was 0.4%. ANSA
29/09/2017 - The BoE has sent out repeated messages that it is preparing its first rate increase in over a decade since the upcoming exit of the UK from the European Union is weighing on the economy in a complex way. RADIOCOR