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German Economy Unexpectedly Shrinks | Bloomberg The Pulse 07/30/24
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July 30, 2024
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42:03Now PlayingGerman Bunds erased earlier gains after the German economy contracted in the second quarter on a quarterly basis, missing estimates, while most regional CPI readings picked up from the month prior. European stocks gained Tuesday morning after the Euro area economy grew more than expected in the second quarter, easing fears about the pace of an economic recovery. On the corporate front, oil giant BP maintained the pace of share buybacks and increased its dividend as strong second-quarter earnings from pumping crude offset weakness in other parts of the business.
Today's guests: Freya Beamish, TS Lombard; Filippo Alloatti, Federated Hermes
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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