• Eurozone August current account surplus 33.3 bln eur


    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

  • China Q3 GDP up 6.8% yr/yr vs up 6.9% in Q2


    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

  • Italy bank sector outlook still negative - Moody's


    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

  • Trade surplus up to 2.8 bn in August


    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

  • Eurozone Aug trade in goods surplus 16.1 bln eur


    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

  • Fed's Rosengren sees three to four rate hikes next year


    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

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