International Economic Week in Review: More Positive News, Edition

     There was no central, unifying theme this week.      News from the EU continued in a positive vein.  Industrial production rose a very strong 1.5% M/M and 3.2% Y/Y.  More importantly, the overall level shows an increase beyond its sideways range of the last year: The unemployment rate was stable at 9.8%.  And the most recent ECB meeting minutes described a growing economy: Turning to the euro area, available information suggested that the recovery was continuing at a moderate but firming pace. Real GDP had grown by 0.3%, quarter on quarter, in the third quarter of 2016, following…

Source: XE news feed
International Economic Week in Review: More Positive News, Edition