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Don't put too much weight on German data: FX strategist  

Hans Redeker, global head of FX strategy at Morgan Stanley, discusses the German economy and prospects for the euro.
Source: CNBC.com
This one word could hold key for Fed's rate move

Investors hungry for clues about when the Federal Reserve is going to raise rates are looking for, well, anything.
Source: CNBC.com | By: Jeff Cox
UPDATE 1-Germany's Schaeuble wants to rebalance EU Commission's role

BERLIN, July 30- Germany's finance minister wants to correct the balance between the European Commission's political role and its regulatory powers, reflecting concern in Berlin over the EU executive's neutrality as its political clout grows. A spokeswoman for the German Finance Ministry said on Thursday that Wolfgang Schaeuble had raised the idea at a...
Source: Reuters | By: Hans-Edzard Busemann
UPDATE 6-Oil steadies as rising dollar balances stocks draw

*ABN AMRO cuts 2016 crude price forecasts. U.S. crude stockpiles fell by 4.2 million barrels in the week to July 24, more than 20 times analysts' expectations of a decrease of 184,000 barrels, Energy Information Administration data showed on Wednesday. Brent crude was up 20 cents a barrel at $53.58 by 1345 GMT, after settling 8 cents higher in the previous session.
Source: Reuters | By: Christopher Johnson
UPDATE 5-Oil rises after U.S. crude stocks draw

*ABN AMRO cuts 2016 crude price forecasts. Benchmark Brent crude was up 80 cents a barrel at $54.18 by 1025 GMT, after settling 8 cents higher in the previous session. U.S. crude rose 30 cents to $49.09, after ending the previous session up 81 cents, or 1.7 percent.
Source: Reuters | By: Christopher Johnson
UPDATE 4-Oil steady as strong dollar balances U.S. stocks draw

*ABN AMRO cuts 2016 crude price forecasts. Benchmark Brent crude oil was up 30 cents a barrel at $53.68 by 0805 GMT, after settling 8 cents higher in the previous session. "Oil is consolidating," said Carsten Fritsch, senior oil analyst at Commerzbank.
Source: Reuters | By: Christopher Johnson
UPDATE 3-Volkswagen lowers sales goal as China growth slows down

VW expects China sales growth to grind to halt. BERLIN, July 29- Volkswagen lowered its global sales forecast on Wednesday and said it was braced for stagnant volumes in China, after years of double-digit growth in its biggest market. The German carmaker, which overtook Toyota as the world's largest carmaker by sales in the first half of this year, has long seen...
Source: Reuters
Europe recovery boosts Volkswagan profits

Volkswagen posted higher quarterly profit on a strengthening European autos recovery and cost cuts but lowered sales guidance on slowing China demand.
Source: Reuters
UPDATE 2-German business morale brightens as Greece jitters ease

*Iran deal likely boosted industry expectations-economist. BERLIN, July 27- Business confidence in Germany unexpectedly improved in July after two monthly drops as an agreement between Greece and its creditors for talks on a third bailout lifted the mood at firms in Europe's largest economy. Ifo president Hans-Werner Sinn said the easing of the crisis had...
Source: Reuters | By: Michelle Martin
UPDATE 1-German business morale brightens in July as Greek situation eases

BERLIN, July 27- Business confidence in Germany improved in July after two monthly drops as an agreement between Greece and its creditors for talks on a third bailout lifted the mood at firms in Europe's largest economy. Hans-Werner Sinn, president of Ifo think tank, said the easing of that crisis had helped boost sentiment in Germany. Last week Germany and Iran...
Source: Reuters | By: Michelle Martin