As predicted by economists, the Reserve Bank of Australia’s rate decision resulted in a rate...
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UK Manufacturing Exceeds Expectations
Today Markit/CIPS Purchasing Managers Index for the manufacturing sector leapt to 49.1 in November, the...
Sandy triggers unexpected drop in US Consumer Spending
The US might be recovering from the physical havoc caused by Superstorm Sandy but the...
US 3Q GDP 0.7 per cent stronger than thought
Amid all the current worries concerning the US fiscal cliff there was good news for...
Retail Sales in Japan Decline
In October retail sales in the world’s third largest economy plummeted by the most for...
Unexpected Drop in US Home Sales
Although economists predicted that sales of new homes in the US would come in at...
US Capital Goods Experience Rebound
According to data released by the Commerce Department US capital goods are experiencing a rebound...
Time’s nearly up for Osborne
Although UK third quarter gross domestic product figures exceeded expectations industry experts aren’t foreseeing the...
Declining exports push Japan to the edge of recession
Finance Ministry figures recently released in Tokyo have shown that 2012 has been Japan’s worst...
US Residential Construction Improves
After meetings between recently re-elected President Barack Obama and Republican/Democrat officials, the likelihood of avoiding...