US factory orders climbed first time in three months

Note: This section contains information in English only.
Source: Bloomberg
Orders in US factories advanced in May for the first time in last three months lessening concern that nation's manufacturing is struggling. Bookings rose 0.7% in May after a 0.7% drop previous month, Commerce Department reported on Tuesday. Analysts questioned by Bloomberg forecast an improvement of 0.1%. 
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Wed, 04 Jul 2012 06:51:38 GMT

Euro pares recent gains ahead of Spanish auction, ECB meeting

The 17-nation currency erased its recent gains on Wednesday morning trade and weakened against the US Dollar ahead of ECB meeting and upcoming Spain's debt sales due tomorrow. Investors remain cautious on speculation ECB officials may cut the key interest rate. The Euro gave up 0.2% against the US Dollar to USD 1.2589. Currently EUR/USD is trading at 1.2590.

Wed, 04 Jul 2012 06:29:36 GMT

Aussie gains on retail sales

The Australian Dollar hit two month record high versus greenback on Wednesday as government statistics showed country's retail sales advanced more than expected in May. Aussie jumped versus US Dollar to USD 1.0320, the highest reading since May 3 but slightly retreated later and traded at USD 1.0287. Currently AUD/USD is trading at 1.0284.

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