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Data showed that German industrial orders rose for the second consecutive month in February, driven by strong domestic demand, in another indication that manufacturers are about to cushion the impact of the pandemic-related decline in production in general in the first quarter. But the growth prospects for Europe’s largest economy …

Canada’s merchandise trade surplus with the world narrowed to $ 1,04 billion in February from $ 1.2 billion in January, the monthly data published by Statistics Canada revealed on Wednesday. This reading came in slightly better than analysts’ estimate for a surplus of $ 1 billion.

The official Emirates News Agency (WAM), citing a decree, stated that the President of the United Arab Emirates, Sheikh Khalifa bin Zayed, appointed Khaled Al Tamimi as Governor of the Emirates Central Bank. Al-Tamimi, who previously served as deputy governor of the Central Bank, will replace Abdul Hamid Saeed Al-Ahmadi. …

The average per capita hourly income of all employees in the private non-farm sector in the United States decreased by 4 cents, or 0.1%, over the month to $29.96 in March of 2021, after an upwardly revised 0.3% increase in February, and against expectations. The market gained 0.1%. This is …

Nonfarm Payrolls (NFP) in the US rose by 916,000 in March, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed February’s increase of 468,000 (revised from 379,000) and came in much better than the market expectation of 647,000.

The Italian National Institute of Statistics said that Italy’s budget balance has shifted to recording a deficit of 5.2% of GDP in the Q4 of last year, compared to a surplus of 1.9% in the same period of 2019. The institute stated that over the whole year, the deficit recorded …

Pfizer and BionTech said their COVID-19 vaccine is 91% effective in preventing the disease, according to new trial data that included participants who were vaccinated up to six months ago. The vaccine was 100% effective in preventing the disease among the participants in the trial in South Africa, where a …

The business activity in Canada’s manufacturing sector continued to expand at a robust pace in March with the IHS Markit Manufacturing PMI rising to 58.5 from 54.8 in February.

Planned job cuts in the US-based employers dropped to 30,603 in March from 34,531 in February, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday. This reading represented an 86% decline from the 222,288 job cuts announced in the same month last year when businesses were …

There were 719,000 initial claims for unemployment benefits in the US during the week ending March 27, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 658,000 (revised from 684,000) and came in worse than the market expectation of …