Euro Set for Record Run of Losses as ECB Seen Done Raising Rates

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(Bloomberg) -- The euro was headed for the longest streak of losses since its inception on bets the European Central Bank is done raising interest rates. Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death Threa

Käytä tätä joka päivä ja saa apua vatsavaivoihinImports of Chinese vehicles and parts to Germany jumped 75% in the first half of the year while trade the other way slumped, showing the mounting pressure on Europe's biggest auto production hub. Several Chinese brands entered the German market this year, the German Economic Institute said in a report seen ahead of publication by Reuters, bringing the total to eight, though they still account for just 1.

BEIJING — China's factories picked up their pace and retail sales also gained momentum in August, the government reported Friday, suggesting the economy may be gradually recovering from its post-pandemic malaise. However, despite busy activity in restaurants and stores, the figures showed continuing weakness in the all-important property sector, where real estate developers are struggling to repay heavy loads of debt in a time of slack demand. Investment in real estate fell 8.

 

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