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EUR: German wholesale prices fall

Germany’s wholesale prices dropped 2.8% from a year earlier in July. This marks the fourth consecutive month of decline, after a 2.9% fall in June. The driving force for this decline came from petroleum products which fell...


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Sterling clings to summer’s gains

Sterling has been strengthening this morning and starts the week slightly ahead of where it began last week against the euro. Over the month, the pound remains some 3% down against the US dollar but only a fraction down on the euro. It’s been an interesting...


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