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Germany lost momentum in Q3 – Bundesbank

FXStreet (Mumbai) - Germany’s Bundesbank, in its latest monthly report, acknowledged the loss of growth momentum in the German economy during the third quarter.

Still, the bank says despite the slower Q3, German economic growth is quite strong. Positive CPI, HICP is seen over the coming months.

United Kingdom CBI Industrial Trends Survey - Orders (MoM) dipped from previous -7 to -18 in October

United Kingdom CBI Industrial Trends Survey - Orders (MoM) dipped from previous -7 to -18 in October
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Friday’s rates cut was "reasonable and fully expected" – PBOC explains

Explaining the double booster shot announced unexpectedly on Friday, the PBOC wrote on its website on Monday, that such moves were "reasonable and fully expected" and differed in a big way from the easing programs rolled out by the US and Europe.
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