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ECB’s Elderson warns of economic growth risks materializing

Frank Elderson, Vice-Chair of the Supervisory Board, European Central Bank (ECB) warned of economic growth risks materializing, in an interview with the Slovenian daily, Delo, on Tuesday.

EUR/USD drifts higher above 1.0950 ahead of German Industrial Production

The EUR/USD pair extends its recovery to around 1.0985 on Tuesday during the early European trading hours.
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German Industrial Production jumps 2.9% MoM in August vs. 0.8% expected

Germany’s industrial sector quickened its pace of expansion in August, the latest data published by Destatis showed on Tuesday.
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