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Euro zone industrial output unexpectedly surges in March
FRANKFURT, May 15 (Reuters) - Industrial production in the 20-nation euro zone rose far more than predicted in March, indicating that the sector's two-year recession may finally be coming to an end, data from Eurostat showed on Thursday.Output jumped 2.6% on the month, exceeding expectations for...Reuters
Thu, May 15
Euro zone growth downgraded but employment holding up
FRANKFURT, May 15 (Reuters) - The euro zone economy grew slower in the first quarter than initially estimated but employment held up well, indicating that the bloc keeps creating jobs despite years of anaemic expansion, data from Eurostat showed on Thursday. Gross domestic product in the first three...Reuters
Thu, May 15
USD: Evidence and speculation weighs on the USD – ING
The dollar is drifting a little lower against major currencies and remains tarnished by April's events. US Treasuries continue to trade on a soft footing, and whether judged against the risk-free SOFR swap rate or German bunds, they have failed to reverse much of the spread widening seen in April.Fxstreet
Thu, May 15
Trump says U.S. must pay off debt before creating a sovereign wealth fund
DOHA, May 15 (Reuters) - The U.S. needs to pay off debt before establishing a sovereign wealth fund, President Donald Trump said on Thursday, signalling a potential shift to plans to create a fund within a year. "I'd rather pay the debt off and then do the fund after the debt's paid off,...Reuters
Thu, May 15
German economy minister: US remains a partner, need 'sensible' tariff solution
May 15 (Reuters) - German Economy Minister Katherina Reiche said on Thursday that the United States remained a partner, not an opponent, and that the European Union and the U.S. need to find a "sensible" solution to their tariff dispute. "We are negotiating from a position of economic st...Reuters
Thu, May 15
Cambodia holds trade talks with U.S. as 49% tariff weighs on outlook
May 15 (Reuters) - Cambodia has held its first round of trade talks with the United States in Washington, its government said on Thursday, as it tries to negotiate over one of the highest tariff rates imposed by the Trump administration.The United States is Cambodia's biggest export market, with...Reuters
Thu, May 15
APEC warns of stalling trade due to tariffs as China, US officials meet
APEC sees regional exports cooling, to grow only 0.4% in 2025Economic growth also projected to slow to 2.6% in 2025More than half of 21-member bloc targeted by Trump's tariffsUS trade chief's bilateral meetings in focusBy Jihoon Lee SEOGWIPO, South Korea, May 15 (Reuters) - The Asia-Pacif...Reuters
Thu, May 15
Euro zone bond yields edge below multi-week highs ahead of data deluge
By Lucy RaitanoLONDON, May 15 (Reuters) - Euro zone bond yields edged down on Thursday as traders await key U.S. data due later in the session for a steer on the world's biggest economy, while relief on easing trade tensions faded, pushing some flows into fixed income.Germany's 10-year yield...Reuters
Thu, May 15
