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German chemicals lobby VCI says no sector turnaround in sight after weak Q3
Chemical industry struggles with overcapacity and high costs No sign on sector turnaround, industry lobby saysCompanies are impatient for political measures to aid sectorBy Anastasiia Kozlova and Ozan Ergenay Nov 11 (Reuters) - Germany's chemical industry saw a decline in production, sales a...Reuters
Tue, Nov 11
ECB policymakers gaining confidence in inflation, growth outlook
ECB sees balanced inflation risks, stronger growth than expectedElderson and Vujcic express confidence in stable rates amid healthy dataVujcic highlights risks from China, US tariffs, weak household consumptionFRANKFURT, Nov 11 (Reuters) - Risks to euro zone inflation are balanced and growth is turn...Reuters
Tue, Nov 11
ECB’s Kocher: There is no need of adjustment in the monetary policy
European Central Bank (ECB) Governing Council (GC) member and Austrian National Bank Governor Martin Kocher said during the European trading session on Tuesday that the current monetary policy status is appropriate.
Fxstreet
Tue, Nov 11
Worsening UK labour market bolsters Bank of England rate cut bets
Wage growth slows as expected, unemployment rate increasesPound drops against dollar as market prices in more BoE actionPayrolls data shows sharp drops in October and SeptemberBy Andy Bruce and Suban Abdulla LONDON, Nov 11 (Reuters) - Britain's labour market cooled noticeably in the third qua...Reuters
Tue, Nov 11
Chinese goods dumping started before tariffs, ECB study finds
FRANKFURT, Nov 11 (Reuters) - Weak domestic demand rather than U.S. tariffs is the main reason China is dumping surplus product on European markets at rock-bottom prices at the expense of domestic producers, a European Central Bank study argued on Tuesday. Pressure has been growing on the European U...Reuters
Tue, Nov 11
German chemicals lobby VCI says no sector turnaround in sight after weak Q3
Nov 11 (Reuters) - Germany's chemicals lobby VCI said on Tuesday that production, sales and prices declined in the industry during the third quarter, as the chemical sector remains under pressure from overcapacity, high operating costs and a difficult economic environment.The German chemical ind...Reuters
Tue, Nov 11
