There were several interesting releases and events on Wednesday. Here is some of the most important and influencing ones:
Japanese GDP declined in Q3 according to experts for 0.3%. There was a growth in second quarter. Japanese GDP has shown a 1,2% decline in yearly basis. Japanese industrial manufactory declined as well.
German economy declined in Q3 for 0,2% due to trading disputed between Eurozone and the USA. As for Q2, German economy has shown 0,5% growth.
British CPI was below expectations showing 2,4% growth against 2,5% forecasted by the experts. British Prime minister is ready to announce Brexit agreement once it is approved by the Cabinet of Ministers. CNBC commented the situation. They think the British Pound may reach 1,35-1,40 in case of the agreement to be approved.
Italy has rejected the EU amendments to its budget. The Prime Minister thinks this is the best budget for Italy ever.
US CPI data has shown the biggest growth since 9 last months due to growth in prices for fuel. Experts see further expansion of inflation in the USA.
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