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German industry stuck in recession, no signs of bottoming out – Germany’s BDI

According to Germany’s powerful BDI industry association, German economic growth is seen at 0.5% in 2020 while calendar-adjusted is projected 0.1%.

German industry is stuck in recession and that there are no signs for bottoming out in sector, the German body added.

BOE Credit Conditions Survey: Demand for mortages fell in Q4, expected to decrease in Q1

Bank report demand for mortages fell in Q4, expected to decrease in Q1. Banks report demand for unsecured lending fell in Q4, demand for credit card b
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USD/CAD struggles near weekly lows, around 1.3035 region

The USD/CAD pair edged lower for the second consecutive session on Thursday and is currently placed near the lower end of its weekly trading range, ar
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