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Germany Industrial Production n.s.a. w.d.a. (YoY) fell from previous 1.5% to -3.9% in August

German Industrial Production plunges 4.3% MoM in August vs. -1% expected

Germany’s industrial sector activity decreased more than expected in August, the latest data published by Destatis showed on Wednesday.
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WTI extends upside to near $62.00 as OPEC+ signals cautious production hike

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.95 during the early European trading hours on Wednesday. The WTI extends the rally after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) opt for a modest production increase.
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