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  • Euro Slides on Political Uncertainty The euro fell as Angela Merkel's win as German Chancellor was tainted by a worse-than-anticipated result that leaves her with challenging coalition talks. Despite Merkel winning her fourth term in office, the euro ended a two-day rally as her current coalition party, the Social Democratic Party, excluded itself from an agreement with Merkel's Christian Democratic Union, making the establishment of a united government more difficult. Merkel will need to reach a consensus with pro-business Free Democratic Party and Green Party in order to form a coalition, a development that may need months. The common currency fell 0.2 percent at $1.1934, increasing the gap between a two-and-a-half year high of $1.2092 hit on September 8, when the ECB policy meeting lifted hopes of currency bulls that the central bank would start unwinding its massive stimulus program. While majority of currency analysts see the euro closing the year above the $1.20 mar..

    Prime News: Euro Slides on Political Uncertainty

    Euro Slides on Political Uncertainty The euro fell as Angela Merkel's win as German Chancellor was tainted by a worse-than-anticipated result that leaves her with challenging coalition talks. Despite Merkel winning her fourth term in office, the euro ended a two-day rally as her current coalition party, the Social Democratic Party, excluded itself from an agreement with Merkel's Christian Democratic Union, making the establishment of a united government more difficult. Merkel will need to reach a consensus with pro-business Free Democratic Party and Green Party in order to form a coalition, a development that may need months. The common currency fell 0.2 percent at $1.1934, increasing the gap between a two-and-a-half year high of $1.2092 hit on September 8, when the ECB policy meeting lifted hopes of currency bulls that the central bank would start unwinding its massive stimulus program. While majority of currency analysts see the euro closing the year above the $1.20 mar..
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  • An opinion piece via Reuters on what the German election means Its an opinion article, feel free to agree, disagree or whatever - & to weigh in on what election result means for the EUR

    German election: “German vote could doom Merkel-Macron deal on Europe”

    An opinion piece via Reuters on what the German election means Its an opinion article, feel free to agree, disagree or whatever - & to weigh in on what election result means for the EUR
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  • Not much change from yesterday The European major stock indices are ending the session unchanged to up. The German Dax and Portugal PSI20 lag: In the 10 year debt market today, yields are near unchanged levels from yesterday's closing levels:

    European stocks end the session mostly higher. 10 yr. yields little changed.

    Not much change from yesterday The European major stock indices are ending the session unchanged to up. The German Dax and Portugal PSI20 lag: In the 10 year debt market today, yields are near unchanged levels from yesterday's closing levels:
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  • Eurozone Private Sector Growth At 4-Month High Eurozone's private sector expanded at the fastest pace in four months in September signaling that the economy ended the third quarter on a strong note. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August, flash data from IHS Markit showed Friday. The expected score was 55.6. Growth accelerated in both manufacturing and services, albeit with the former continuing to lead the expansion. The service sector activity showed the biggest growth since May, while the expansion in manufacturing output was the greatest since April 2011. The services Purchasing Managers' Index increased to 55.6 from 54.7 in August. The score was forecast to rise slightly to 54.8. At the same time, the factory PMI climbed to 58.2 from 57.4 a month ago, while it was forecast to fall to 57.2. "The survey data point to 0.7 percent GDP growth for the third quarter, with accelerating momentum boding well ..

    Eurozone Private Sector Growth At 4-Month High

    Eurozone Private Sector Growth At 4-Month High Eurozone's private sector expanded at the fastest pace in four months in September signaling that the economy ended the third quarter on a strong note. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August, flash data from IHS Markit showed Friday. The expected score was 55.6. Growth accelerated in both manufacturing and services, albeit with the former continuing to lead the expansion. The service sector activity showed the biggest growth since May, while the expansion in manufacturing output was the greatest since April 2011. The services Purchasing Managers' Index increased to 55.6 from 54.7 in August. The score was forecast to rise slightly to 54.8. At the same time, the factory PMI climbed to 58.2 from 57.4 a month ago, while it was forecast to fall to 57.2. "The survey data point to 0.7 percent GDP growth for the third quarter, with accelerating momentum boding well ..
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  • Forex news for the European morning trading session 22 Sept 2017 News: Data:

    ForexLive morning news wrap: Euro feels the love again but pound not so popular

    Forex news for the European morning trading session 22 Sept 2017 News: Data:
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  • Euro Climbs After Upbeat Eurozone, German PMIs The euro spiked up against its major rivals in the early European deals on Friday, as German private sector activity grew at the fastest pace in almost six-and-a-half years in September and Eurozone business activity picked up to its highest since May, signaling robust growth momentum in the region. Flash data from IHS Markit showed that Eurozone composite output index rose unexpectedly to 56.7 in September from 55.7 in August. The expected score was 55.6. While service sector activity showed the largest rise since May, the increase in manufacturing output was the greatest since April 2011. Separate data from the same agency showed that German composite output index rose unexpectedly for the consecutive second month in September, to 57.8 from 55.8 in August. This was the highest reading since April 2011. The reading was forecast to fall to 55.7. The manufacturing Purchasing Managers' Index climbed to 60.6 in September from..

    Euro Climbs After Upbeat Eurozone, German PMIs

    Euro Climbs After Upbeat Eurozone, German PMIs The euro spiked up against its major rivals in the early European deals on Friday, as German private sector activity grew at the fastest pace in almost six-and-a-half years in September and Eurozone business activity picked up to its highest since May, signaling robust growth momentum in the region. Flash data from IHS Markit showed that Eurozone composite output index rose unexpectedly to 56.7 in September from 55.7 in August. The expected score was 55.6. While service sector activity showed the largest rise since May, the increase in manufacturing output was the greatest since April 2011. Separate data from the same agency showed that German composite output index rose unexpectedly for the consecutive second month in September, to 57.8 from 55.8 in August. This was the highest reading since April 2011. The reading was forecast to fall to 55.7. The manufacturing Purchasing Managers' Index climbed to 60.6 in September from..
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  • Eurozone Private Sector Growth Fastest Since May The eurozone private sector ended the third quarter on a strong note in September, with growth in activity picking up to its highest since May, flash data from IHS Markit showed Friday. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August. The expected score was 55.6. Growth accelerated in both manufacturing and services, albeit with the former continuing to lead the expansion. While service sector activity showed the largest rise since May, the increase in manufacturing output was the greatest since April 2011. The services Purchasing Managers' Index increased to 55.6 from 54.7 in August. The score was forecast to rise slightly to 54.8. At the same time, the factory PMI climbed to 58.2 from 57.4 a month ago, while it was forecast to fall to 57.2. "The survey data point to 0.7 percent GDP growth for the third quarter, with accelerating momentum boding well for a buoyant en..

    Eurozone Private Sector Growth Fastest Since May

    Eurozone Private Sector Growth Fastest Since May The eurozone private sector ended the third quarter on a strong note in September, with growth in activity picking up to its highest since May, flash data from IHS Markit showed Friday. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August. The expected score was 55.6. Growth accelerated in both manufacturing and services, albeit with the former continuing to lead the expansion. While service sector activity showed the largest rise since May, the increase in manufacturing output was the greatest since April 2011. The services Purchasing Managers' Index increased to 55.6 from 54.7 in August. The score was forecast to rise slightly to 54.8. At the same time, the factory PMI climbed to 58.2 from 57.4 a month ago, while it was forecast to fall to 57.2. "The survey data point to 0.7 percent GDP growth for the third quarter, with accelerating momentum boding well for a buoyant en..
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  • *ECB's Draghi: Strengthening Eurozone Recovery Will Reduce Youth Unemployment ECB's Draghi: Strengthening Eurozone Recovery Will Reduce Youth Unemployment

    *ECB's Draghi: Strengthening Eurozone Recovery Will Reduce Youth Unemployment

    *ECB's Draghi: Strengthening Eurozone Recovery Will Reduce Youth Unemployment ECB's Draghi: Strengthening Eurozone Recovery Will Reduce Youth Unemployment
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  • *Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6 Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6

    *Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6

    *Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6 Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6
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  • *Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6 Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6

    *Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6

    *Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6 Eurozone Sep Flash Composite PMI 56.7 Vs. 55.7 In Aug, Consensus 55.6
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