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German Industrial Production falls 1.5% MoM in June vs. -0.4% expected

Industrial Production in Germany fell more-than-expected in June, the official data showed on Monday, suggesting that the manufacturing sector activity is deteriorating.

Eurozone’s economic powerhouse’s Industrial Output dropped 1.5% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, vs. -0.4% expected and -0.2% previous.

The annual German Industrial Production declined by 1.7% in June versus a 0.7% advance seen in May.

Norway Manufacturing Output above expectations (-0.1%) in June: Actual (0%)

Norway Manufacturing Output above expectations (-0.1%) in June: Actual (0%)
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USD/CAD edges higher towards 1.3400 as US Dollar recovers ahead of US inflation, Oil price eases

USD/CAD aptly portrays the market’s indecision ahead of the all-important US inflation data as it prods bulls at the highest levels in nearly four mon
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