Britain's industrial output slides in January

Note: This section contains information in English only.
Source: RTT News
Industrial and manufacturing output in the U.K. fell surprisingly in January suggesting the country's economy is still struggling and may fall deeper into depression in the Q1, the Office of National Statistics reported on Tuesday. Britain's industrial output dropped 1.2% on a monthly basis in January following a 1.1% drop the month before.

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Tue, 12 Mar 2013 15:51:10 GMT

Trade gap of the UK declined in January

The Office for National Statistics reported on Tuesday that British trade deficit of goods narrowed in the first month of the year. The deficit declined to the reading of 8.2 billion Pounds in January, compared to a December's figure of 8.7 billion. Analysts, however, predicted that there will be a growth of trade deficit in January. ‘More effective action is needed

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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